Why in October?

[Dustparticle]

Is there any specific article or articles that brings out why that WTBS does things legally beginning in October of every year? Please post it. Thanks. 

[Shawnster]

The fiscal year for the federal government begins on October 1 of each year and ends on September 30 of the following year; it is designated by the calendar year in which it ends.

 

https://budgetcounsel.com/cyclopedia-budgetica/cb-fiscal-year/

 

The WTBTS is a legal corporation and, therefore, follows the fiscal year.  

 

Before the days of computers and rapid travel the fiscal year ending in September allowed 3 months for the records to all be collected, organized, and analyzed before the start of the new calendar year