fiscal year

Since the funds expire at the end of each fiscal year, Congress would not be able to do anything about it.

Declining revenue is especially troublesome at a school whose athletic department has run in the red for six consecutive fiscal years.

By introducing the proposal so close to the September 30 end of the fiscal year, the administration argues the funds will expire automatically and will not give Congress the chance to weigh in.

For a three-year period, through the next fiscal year, California has been allotted funding worth more than $18.2 million, according to Health and Human Services.

The transaction between Guess and Authentic Brands is expected to close in the fourth quarter of Guess’ 2026 fiscal year.