Section 5705.12 | Approval to establish special funds.
A new version of Section 5705.12 exists that takes effect September 30, 2025View New Version
Effective:
July 22, 1998
Latest Legislation:
House Bill 426 - 122nd General Assembly
In addition to the funds provided for by sections 5705.09, 5705.121, 5705.13, and 5705.131 of the Revised Code, the taxing authority of a subdivision may establish, with the approval of and in the manner prescribed by the auditor of state, such other funds as are desirable, and may provide by ordinance or resolution that money derived from specified sources other than the general property tax shall be paid directly into such funds. The auditor of state shall consult with the tax commissioner before approving such funds.
Available Versions of this Section
- July 22, 1998 – House Bill 426 - 122nd General Assembly [ View July 22, 1998 Version ]
- September 30, 2025 – Amended by House Bill 96 - 136th General Assembly [ View September 30, 2025 Version ]