Our fiscal year starts in September for a couple reasons. We have a lot of summer only residents and so hold the Annual Meeting either in July or August to make it easier for more members to attend. Although it is a bit confusing, splitting years, it also makes it easier to break up the maintenance seasons for tracking budgeting and actual expenses. We budget for an entire winter season, spring grading and at times, fall grading. Not much happens in the summer. Hope this helps.