Fiscal Period
16 nodes · event (ufo)
A bounded span of state fiscal time that funding decisions attach to — an Ohio fiscal year running July 1 to June 30, or the biennium a budget act appropriates for. It is an Event: it unfolds over an interval and has temporal parts, and a biennium has fiscal years as parts in exactly that sense. Fiscal period is a node rather than a property because it is the join that makes cross-class questions answerable: without it, asking what happened in the FY2026-27 biennium means scanning date strings across every other class.
Nodes
| Fiscal Year 2022 | The first year of the Fair School Funding Plan, and the best-documented fiscal year in this domain: the department's line-by-line explanation specifies the whole formula with its statewide factor values attached. |
|---|---|
| Fiscal Year 2026 | The first year of the FY2026-27 biennium, and the natural baseline for any current-policy comparison: the first period in which enacted H.B. 96 provisions are in force. |
| Fiscal Year 2027 | The terminal year of the Fair School Funding Plan's six-year phase-in. Two true statements about it point opposite ways: the formula reaches 100% of its computed amount, and nearly half of Ohio's districts are not paid by the formula at all. |
| FY2002-2003 Biennium | The first biennium under the formula H.B. 94 rebuilt after DeRolph II. State foundation funding was 62.9% of the department's budget in FY2002 and $4.88 billion — a level it would not return to in real terms for the rest of the decade, and never exceed after FY2009. |
| FY2004-2005 Biennium | The first budget after the litigation ended, and the only biennium of the decade in which foundation aid fell in real terms two years running. Its share of the department's budget reached 58.0%, the lowest figure the series carries between FY2002 and FY2027. |
| FY2006-2007 Biennium | The biennium that created the line item every later reader knows. H.B. 66 established 200550 Foundation Funding and discontinued 200501, began the tangible personal property tax phase-out, and is the one biennium here whose own greenbook prints no line-item table. |
| FY2008-2009 Biennium | The high-water mark. Foundation aid reached 70.2% of the department's budget in FY2009 and $10.38 billion in constant dollars, the largest real figure the series carries — in the same act that abolished the cost of doing business factor and the base cost guarantee. |
| FY2010-2011 Biennium | The Evidence-Based Model's only two years, and the biennium where state foundation aid fell $679 million while the department's total budget rose $232 million. FY2011 is the first term of the anchor chain that still funds nearly half of Ohio's districts. |
| FY2012-2013 Biennium | The first biennium of the Bridge formula, and the trough of the real-terms decline: per-pupil operating expenditure in constant FY2022 dollars fell to a level indistinguishable from FY2006. |
| FY2014-2015 Biennium | A Bridge formula biennium, and the one that is only half-measured. FY2014 is absent from the federal F-33 archive under every naming its neighbors answer to, and nothing here interpolates the missing year. |
| FY2016-2017 Biennium | A Bridge formula biennium, and the one in which the state's share of school revenue falls below 40% for the first time in the series, at 39.77% in FY2017. |
| FY2018-2019 Biennium | A Bridge formula biennium, and the one in which the local funding gap passes $8,000 per pupil while the state's share of closing it barely moves — 42.5% in FY2012 against 44.3% in FY2019. |
| FY2020-2021 Biennium | The two frozen years, in which Ohio paid districts prior-year amounts rather than computing them. FY2020 is the one that never went away: the Fair School Funding Plan's guarantee is still anchored to it and has never been re-based. |
| FY2022-23 Biennium | The biennium appropriated by H.B. 110, in which the Fair School Funding Plan began. Phase-in ran 16.67% then 33.33%, with base cost priced from FY2018 statewide average salaries in both years. |
| FY2024-25 Biennium | The biennium appropriated by H.B. 33, and the only one in which the plan's cost inputs were refreshed — FY2018 salaries to FY2022. That single change is what makes the biennium a natural control case. |
| FY2026-27 Biennium | The current biennium, appropriated by H.B. 96, and on the plan's original six-year design the one in which the phase-in completes. Two separable questions define it: what fraction is appropriated, and what the computed amount is priced from. |
Properties
What a fiscal period may carry.
| Property | Type | Meaning |
|---|---|---|
| Label | string | FY2022 for a fiscal year, FY2022-23 for a biennium |
| Kind | string, one of fiscal-year, biennium | Whether the period is one fiscal year or the biennium a budget act appropriates for |
| Starts | date | First day of the period |
| Ends | date | Last day of the period |
| Appropriating bill | string | Designation of the budget act funding this period |
| Context | text | What was distinctive about this period for education funding |
Relationships
The edges this class may enter into. Out is declared by the node itself; in is declared by the node at the other end.
| Relationship | To | Meaning |
|---|---|---|
| Follows out | Fiscal Period | The period immediately preceding this one |
| Part of out | Fiscal Period | The containing period; a fiscal year is part of a biennium |
| Funded by in | Legislation | The enactment appropriating for this period |
| Governed by in | Funding Regime | The regime in force during this period |
| Holds a value of in | Formula Parameter | A parameter with a specific value in this period |
| Measured in in | Metric | A measure computed for this period |