Upland is a city in San Bernardino County, California, United States. The municipality is located at an elevation of 1,242 feet. As of the 2010 census, the city had a population of 73,732, up from 68,393 at the 2000 census. It was incorporated on May 15, 1906, after previously being named North Ontario. Upland is located at the foot of the highest part of the San Gabriel Mountains. The Los Angeles suburb is part of the Inland Empire, a metropolitan area situated directly east of the Los Angeles
For example, the federal government's fiscal year begins on Oct. 1 and ends on Sept. 30. Similarly, if a speaker referred to government spending that occurred on Nov. 15, 2015, she would label that as an expenditure for the 2016 fiscal year.
What It Is. A fiscal year is an accounting period of 365(6) days that does not necessarily correspond to the calendar year beginning on January 1st. The fiscal year is the established period of time when an organization's annual financial records commence and conclude. How It Works A company's fiscal year will always reflect the date of the calendar year in which it ends. For example: The financial operations of the federal government are carried out in a fiscal year that begins on October 1 and ends on September 30. Therefore the government's fiscal year for 2008 would begin on October 1, 2007 and end on September 30, 2008. Why It Matters The key thing to remember is that a fiscal year doesn't necessarily correspond with the calendar year.