{"data":{"id":"us-mi/mich.-comp.-laws-41.72","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 41.72","heading":"Fiscal year; commencement and termination; proportionate extension or reduction.","body":"Sec. 72.\n\nThe fiscal year of a township may commence on July 1 of each year and end on the following June 30, or it may commence on April 1 of each year and end on the following March 31. If a budget has been adopted, an audit performed, or other actions or proceedings taken before July 1, based upon a fiscal year ending in March, the fiscal year shall be proportionately extended or reduced to coincide with the fiscal year as provided in this section without impairment of township functions, services, or activities.","path":["MI Code","Chapter 41","Act R-S-of-1846"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-41-72","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"47ffcc1c3109e63485d8a7bfe38fa6cbea2e6152485abb19f6d58e001665453b","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-41.70","next":"us-mi/mich.-comp.-laws-41.72a"},"notice":"GroundRules: Original legal text. Not legal advice."}