Sentence:  Operating budget for the day schools in the five counties of Dallas , Harris , Bexar , Tarrant and El Paso would be $ 451500 , which would be a savings of $ 157460 yearly after the first <WSD>year</WSD> 's capital outlay of $ 88000 was absorbed , Parkhouse told the Senate . 
Meaning of the word marked with <WSD> tags:  a period of time containing 365 (or 366) days