1 T ax Budge t Ohio Re vise d Co de Se c tio n 5705.28 (A) ta - - PDF document

1 T he Budge tar y Pr

• c e ss,

an Ove r vie w

(Ohio R e vise d Code 5705)

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Co mplianc e Pla nning Mo nito ring

Pur pose of Budge ting

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Budge tar y Pr

• c e ss

T ax Budg e t T ax Budg e t

Amo unts a nd Ra te s Amo unts a nd Ra te s

Ce rtific ate

• f

E stimate d Re so urc e s Ce rtific ate

• f

E stimate d Re so urc e s

Ava ila b le fro m All So urc e s Ava ila b le fro m All So urc e s

Ame nde d Ce rtific ate Ame nde d Ce rtific ate

Appro priatio n Re so lutio ns Appro priatio n Re so lutio ns

Do e s no t E xc e e d Ce rtific ate Do e s no t E xc e e d Ce rtific ate

Mo dific atio n to Appro priatio n & Ce rtific ate s Mo dific atio n to Appro priatio n & Ce rtific ate s

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Ohio Re vise d Co de Se c tio n 5705.28

(A) ta xing a utho rity o f e a c h subdivisio n o r

• the r ta xing unit sha ll a do pt a ta x budg e t fo r

the ne xt suc c e e ding fisc a l ye a r

(1) On o r b e fo re the fifte e nth da y o f Ja nua ry in the c ase o f F YE6/ 30 e ntitie s (2) On o r b e fo re the fifte e nth da y o f July in the c a se o f F YE12/ 31 e ntitie s

T ax Budge t

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• Ba se d o n the ta x budg e t the budg e t

c o mmissio n will c e rtify its a c tio ns to the ta xing a utho rity a nd e a c h ta xing a utho rity, by

• rdina nc e o r re so lutio n, sha ll a utho rize the

ne c e ssa ry ta x le vie s a nd c e rtify the m to the c o unty a udito r

• be fo re the first da y o f Oc to be r in e a c h ye a r

fo r F YE12/ 31 e ntitie s

• be fo re the first da y o f April in e a c h ye a r fo r

F YE6/ 30 e ntitie s Ohio Re vise d Co de Se c tio n 5705.34

T ax L e vie s and R ate s

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Ohio Re vise d Co de Se c tio n 5705.36

On o r a bo ut the first da y o f e a c h F isc a l Ye a r, the fisc a l

• ffic e r o f e a c h sub divisio n a nd o the r ta xing unit sha ll

c e rtify to the c o unty audito r the to tal amo unt fro m all so urc e s a va ila b le fo r e xpe nditure s fro m e a c h fund. T he a mo unt c e rtifie d sha ll inc lude a ny une nc umb e re d b a la nc e s tha t e xiste d a t the e nd o f the pre c e ding ye a r, e xc luding c e rta in re se rve o r no ne xpe nda b le trusts b a la nc e s.

Available R e sour c e s

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Ohio Re vise d Co de Se c tio n 5705.38

6/ 30 F YEE ntitie s: By Oc to b e r 1st o f e a c h fisc a l ye a r, the e ntity sha ll pa ss a n a ppro pria tio n me a sure a t the a ppro pria te le g a l le ve l o f c o ntro l. 12/ 31 F YEE ntitie s: On o r a b o ut the first da y o f e a c h fisc a l ye a r, the ta xing a utho rity o f e a c h sub divisio n sha ll pa ss a n a ppro pria tio n me a sure a t the a ppro pria te le g a l le ve l o f c o ntro l.

Appr

• pr

iation R e solution

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Ohio Re vise d Co de Se c tio n 5705.39

• T
• ta l a ppro pria tio ns fro m e a c h

fund shall no t e xc e e d the to tal

• f the e stimate d re ve nue

available fo r e xpe nditure , as c e rtifie d by the budg e t c o mmissio n o n the Ame nde d Ce rtific ate o f E stimate d Re so urc e s

Appr

• pr

iations vs. Available R e sour c e s

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Ohio Re vise d Co de Se c tio n 5705.40

Ame nding o r Supple me nting Appro pria tio ns

Ohio Re vise d Co de Se c tio n 5705.36

Ame nding Antic ipate d Re so urc e s

Modific ations

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Ohio Re vise d Co de Se c tio n 5705.41D All E xpe nditure s re q uire a Ce rtific a te o f the F isc a l Offic e r

Amo unt o f Mo nie s are Ava ila ble Amo unt is L a wfully Appro pria te d Sig ne d b y the F isc a l Offic e r

Ce r tific ation of E xpe nditur e s

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Appro pria tio ns E xpe nditure s (E xpe nditure s Canno t E xc e e d Appro pria tio ns)

Appr

• pr

iations vs. E xpe nditur e s

Ohio Re vise d Co de Se c tio n 5705.41B

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• c a tio n:

http:/ / www.o hio a udito r.g o v/ re fe re nc e s/ c o mplia nc e ma nua ls.html Upda te d a nnua lly b a se d o n g uida nc e a nd le g isla tio n Org a nize d into Cha pte rs 1-3, Optio na l Pro c e dure s Ma nua l, a nd I mple me nta tio n Guide

Ohio Complianc e Supple me nt (OCS)

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