Rule 164-2-22 | Revenue-producing activities.
Funds received from a revenue-producing activity must be accounted for in their receipt and expenditure and such records shall be maintained for a period of six years for the commission's inspection upon request. The funds must be expended to benefit properties that have received funding from clean Ohio. The funds may be held for future expenditure to benefit properties that have received funding from clean Ohio. Eligible expenses are for improvement projects that may be placed on property that has benefited from clean Ohio funds or for the expense associated with the management of properties which have benefited from clean Ohio funds. Management expenses may include necessary equipment, supplies, services received from third parties, and salaries of individuals conducting conservation work on properties that have received funding from clean Ohio and other reasonable expenses approved by the director.
Last updated February 15, 2024 at 2:29 PM
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