The official fiscal year.
Section 59
SEC. 59. The official fiscal year.—The official fiscal year of local governments shall be the period beginning with the first day of July and ending with the thirtieth day of June of the following year.
PD 477 Section 59
Other provisions in CHAPTER IV.—Expenditures, Disbursements
- Section 48: Prohibition against pecuniary interest.
- Section 49
- Section 50: Prohibition against expenses for receptions and entertainment.
- Section 51: Certification on, and approval of, vouchers.
- Section 52: Officials authorized to draw checks in settlement of obligations.
- Section 53
- Section 54: Rendition of accounts.
- Section 55: Auditorial visitation.
- Section 57: Accounting for obligations.
- Section 58: General liability for unlawful expenditures.
CitationPD 477 Section 59 (LawPlayer, data as of 2026-07-04)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
What to look at next
PD 477, full textChapter navigation and full text, so you can read this section in contextLegislation of this jurisdictionPhilippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and yearCHAPTER IV.—Expenditures, Disbursements: the chapter this section belongs toRead this section in its chapter, with the neighbouring sections in orderChapters and sections