Mine

<select name="select_date">
		<?
		for ($year = $current_year; $year >= $starting_year; $year--) {
		//for ($year = $starting_year; $year <= $current_year; $year++) {
			if ($year == $current_year)
				$max_day = date("z",strtotime("now"))+2; //current day of the year
			else
				$max_day = 366; //all days of the year
			for ($day = $max_day; $day >= 1; $day--) {
			//for ($day = 1; $day < $max_day; $day++) {
				$timestamp = strtotime(($day)." January $year");
				echo "<option value=\"".date("Y-m-d",$timestamp)."\">".date("F j, Y",$timestamp)."</option>\n";
			}
		}
		?>
          </select>