Ohio Revised Code Search
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Section 3315.17 | Computer Science and Technology Fund.
... district or service center moneys that legally may be used for that purpose and that are not otherwise designated for other purposes. It also may consist of private moneys donated to the district or service center or any future state moneys allocated to the district or service center for that purpose. The district or service center board may use any amount in the fund to leverage or match any additional private dona... |
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Section 3315.18 | Capital and maintenance fund.
...y received from a permanent improvement levy authorized by section 5705.21 of the Revised Code may replace general revenue moneys in meeting the requirements of this section. Money in the fund shall be used solely for acquisition, replacement, enhancement, maintenance, or repair of permanent improvements, as that term is defined in section 5705.01 of the Revised Code. Any money in the fund that is not used in any fis... |
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Section 3315.181 | Sources of revenue for capital and maintenance fund.
...s received from a permanent improvement levy authorized by section 5705.21 of the Revised Code only to the extent the proceeds are available to be used for the acquisition, replacement, enhancement, maintenance, or repair of permanent improvements as defined in section 5705.01 of the Revised Code. In addition, the board may replace general fund revenues with proceeds received from any of the following sources in meet... |
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Section 3315.19 | Board electing to comply with former provisions of law concerning fund for capital and maintenance.
...o set aside funds for capital and maintenance in accordance with the provisions of that section as it existed prior to July 1, 2001, and the rules adopted under that section. Any district board making such an election under this section shall notify the auditor of state within ninety days after the beginning of the fiscal year whether the district intends to comply with the provisions of former section 3315.18... |
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Section 3315.20 | Deficits in special funds.
...t of the deficit and there is a reasonable likelihood that the payment will be made. (B) The unspent and unencumbered balance in the district's general fund is greater than the aggregate of deficit amounts in all of the district's special funds. |
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Section 3315.29 | Payment when county line divides township.
... township are situated in two or more counties, the amount of interest on common school fund due to such township shall be paid in the manner provided in sections 3315.27 and 3315.28 of the Revised Code to the county treasurer of the county wherein the greatest relative portion of such township is situated. If it is uncertain in which county such portion is situated, the amount of interest due to such township shall... |
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Section 3315.30 | Apportionment when county line divides an original surveyed township.
... the interest on the proceeds of such sale is paid must apportion such interest to the counties in which such township is situated in proportion to the youth of the township enumerated in each. Such auditor shall certify to the auditor of each of the other counties the amount so ascertained to belong to the part of the township situated in his county, and transmit to the county treasurer of each such county an order ... |
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Section 3315.31 | Duty of the county auditor.
...l amount of school funds to which it is entitled. |
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Section 3315.33 | Ohio scholarship fund for teacher trainees.
...h shall be met by persons who are eligible for such scholarships. Scholarships shall be allocated among the counties of the state on an equitable basis by the department, provided that not less than three such scholarships shall be available annually to residents of each county of the state. If, on the first day of September in each year, the department finds that the number of eligible persons recommended from any c... |
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Section 3315.34 | Promissory note of scholarship fund recipient - renewal of scholarship.
...le to the treasurer of state for the amount of the quarterly or semi-annual payment, and shall bear interest at the rate of five per cent per annum from the date of the note. The department shall hold said note until it has been paid or cancelled as prescribed in section 3315.35 of the Revised Code. Each person awarded a scholarship under the terms of sections 3315.33 to 3315.35 of the Revised Code shall be eligib... |
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Section 3315.35 | Statement of service - cancelled and uncancelled notes.
...eath or total disability, or fails to file with the board by July first of each year a statement concerning the recipient's previous year's employment and address for the ensuing year, any and all unpaid or uncancelled notes and interest thereon shall become due and payable and the board shall transmit all such notes promptly to the treasurer of state and the treasurer of state shall enforce collection of the princip... |
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Section 3315.37 | Teacher education loan program.
...ection 3315.33, 3333.122, 3333.22, 3333.26, 5910.04, or 5919.34 of the Revised Code, but the board's rules may provide for taking such assistance into consideration when determining a student's eligibility for a loan under this section. |
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Section 3315.40 | Board may establish education foundation fund.
...easure as most recently amended or supplemented; and any governing board, by resolution adopted by a majority of its members, may annually direct the service center treasurer to pay into the education foundation fund an amount not to exceed one-half of one per cent of the funds received by the governing board pursuant to an agreement entered into under section 3313.843 or 3313.845 of the Revised Code. Income ... |
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Section 3315.41 | Board may create trust for investment of money in education foundation fund.
...ial trust principal, which shall not be less than one dollar; (B) Specify that additional amounts may be added to the trust principal from the education foundation fund; (C) Prohibit invasion of the principal of the trust; (D) Require the trustee to administer the trust, including but not limited to, holding, investing, and reinvesting the trust principal; collecting the income from the investments; and, after ded... |
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Section 3315.42 | Inapplicability to certain school districts.
...te's interest in the project has not been paid; (B) A school district that has an outstanding loan under section 3313.483 of the Revised Code. |
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Section 3316.01 | Fiscal watch - fiscal emergency definitions.
...he existence of a fiscal watch declared under division (A) of section 3316.03 of the Revised Code. (B) "Fiscal emergency" means the existence of a fiscal emergency declared under division (B) of section 3316.03 of the Revised Code. (C) "Fiscal emergency period" means the period of time commencing on the day when the auditor of state declares that a school district is in a state of fiscal emergency under division (B... |
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Section 3316.02 | Solvency assistance fund - shared resource account - catastrophic expenditures account.
...safety, and welfare not only of the people of the school district but also of other people of the state. (B) The intention of the general assembly, under this chapter, is to enact procedures, provide powers, and impose restrictions to assure fiscal integrity of school districts as set out in division (A) of this section. (C) Unless otherwise indicated, the provisions of this chapter are supplemental to other provis... |
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Section 3316.03 | Auditor of state to declare fiscal watch or fiscal emergency.
... cent of the school district's general fund revenue for the preceding fiscal year; (b) A majority of the voting electors have not voted in favor of levying a tax under section 5705.194, 5705.199, or 5705.21 or Chapter 5748. of the Revised Code that the auditor of state expects will raise enough additional revenue in the next succeeding fiscal year that division (A)(1)(a) of this section will not apply to the distr... |
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Section 3316.031 | Identifying unsafe fiscal practices and budgetary conditions.
...to generally accepted accounting principles. (B)(1) If the director determines from a school district's current budget information and three-year forecast submitted under section 5705.391 of the Revised Code that a district is engaging in any of those practices or that any of those conditions exist within the district, after consulting with the district board of education concerning the practices or conditions, th... |
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Section 3316.04 | Submitting financial plan after declaration of watch.
...cits in ensuing years, including the implementation of spending reductions. The financial plan also shall evaluate the feasibility of entering into shared services agreements with other political subdivisions for the joint exercise of any power, performance of any function, or rendering of any service, if so authorized by statute. The director shall evaluate the initial financial plan, and either approve or disapprov... |
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Section 3316.041 | Restructuring or refinancing loans.
...eriod of the fiscal watch, approved the levy of a tax under section 718.09, 718.10, 5705.194, 5705.21, 5748.02, or 5748.09 of the Revised Code that is not a renewal or replacement levy, or a levy under section 5705.199 of the Revised Code, and that will provide new operating revenue. (3) The board of education of the school district has adopted or amended the financial plan required by section 3316.04 of the Revis... |
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Section 3316.042 | Performance audits of school district.
...cal watch, or in a state of fiscal emergency, in which the auditor of state reviews any programs or areas of operation in which the auditor of state believes that greater operational efficiencies or enhanced program results can be achieved. The auditor of state, in consultation with the department of education and workforce, may conduct a performance audit of a school district in fiscal distress, including distric... |
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Section 3316.043 | Revision of three-year projection to conform to financial plan.
...s and expenditures in accordance with rules adopted under section 5705.391 of the Revised Code so that the current budget information and three-year projection are consistent with the financial plan or financial recovery plan. In the case of a school district declared to be in a state of fiscal emergency, the current budget information and three-year projection shall be revised by the financial planning and supervisi... |
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Section 3316.05 | Financial planning and supervision commission.
... voting members, including women and at least one Hispanic or African American if Hispanic and African Americans together constitute at least twenty per cent of the student population of the district, as follows: (1) Two ex officio members: the director of budget and management, or a designee of the director, and the director of education and workforce, or a designee of the director. A designee, when present, shal... |
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Section 3316.06 | Commission to adopt financial recovery plan.
...y any judgments, past-due accounts payable, and all past-due and payable payroll and fringe benefits; (c) Eliminate the deficits in all deficit funds, except that any prior year deficits in the capital and maintenance fund established pursuant to section 3315.18 of the Revised Code shall be forgiven; (d) Restore to special funds any moneys from such funds that were used for purposes not within the purposes of s... |