us-oh/stat
Ohio Rev. Code § 5705.16
Resolution for transfer of funds; petition; approval or disapproval by tax commissioner
A resolution of the taxing authority of any political subdivision shall be passed by a majority of all the members thereof, declaring the necessity for the transfer of funds authorized by section 5705.15 of the Revised Code, and such taxing authority shall submit to the tax commissioner a petition that includes the name and amount of the fund, the fund to which it is desired to be transferred, a copy of such resolution with a full statement of the proceedings pertaining to its passage, and the reason or necessity for the transfer. The commissioner shall approve the transfer of such funds upon determining each of the following:
# (A)
The petition states sufficient facts;
# (B)
That there are good reasons, or that a necessity exists, for the transfer;
# (C)
No injury will result from the transfer of such funds.
If the petition is disapproved by the commissioner, it shall be returned within thirty days of its receipt to the officers who submitted it, with a memorandum of the commissioner's objections, and the taxing authority shall not transfer the funds as requested by the petition. This disapproval shall not prejudice a later application for approval. If the petition is approved by the commissioner, it shall be returned within thirty days of its receipt to the officers who submitted it, and the taxing authority may transfer the funds as requested by the petition.
Last updated August 2, 2021 at 11:30 AM
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In this chapter (40 sections)
- 5705.01 · Tax levy law definitions
- 5705.02 · Ten-mill limitation
- 5705.03 · Authorization to levy taxes - collection
- 5705.04 · Division of taxes levied
- 5705.05 · Purpose and intent of general levy for current expenses
- 5705.06 · Special levies without vote of the people within ten-mill…
- 5705.07 · Levies in excess of ten-mill limitation
- 5705.08 · Certification by fiscal officer
- 5705.09 · Establishment of funds
- 5705.10 · Use of revenues
- 5705.11 · Distribution of revenue derived from federal government
- 5705.12 · Approval to establish special funds
- 5705.13 · Reserve balance accounts - special revenue fund - capital…
- 5705.14 · Transfer of funds
- 5705.15 · Transfer of public funds - exceptions
- 5705.16 · Resolution for transfer of funds; petition; approval or…
- 5705.17 · School district carryover balance ballot language
- 5705.18 · Charter prevails over ten-mill limitation - calculation of…
- 5705.19 · Resolution relative to tax levy in excess of ten-mill…
- 5705.20 · Special levy for tuberculosis treatment or clinics
- 5705.21 · Special election on additional school district levy
- 5705.22 · Additional levy for county hospitals
- 5705.23 · Special levy for public library - resolution - submission to…
- 5705.24 · County tax levy for support of children services
- 5705.25 · Submission of proposed levy - notice of election - form of…
- 5705.26 · Majority vote necessary for levies
- 5705.27 · County budget commission
- 5705.28 · Adoption of tax budget - procedure for participation by…
- 5705.29 · Contents of tax budget - contingency reserve balance -…
- 5705.30 · Public inspection of budget - hearing - notice - submission…
- 5705.31 · Approval of levies by budget commission - minimum levy
- 5705.32 · Budget commission to adjust amounts required - revision of…
- 5705.33 · Reduction of operating levy
- 5705.34 · Certification of tax levy - revision of budget
- 5705.35 · Contents of certification
- 5705.36 · Certification of available revenue - additional revenue -…
- 5705.37 · Appeal to board of tax appeals
- 5705.38 · Annual appropriation measures - classification
- 5705.39 · Appropriations limited by estimated revenue
- 5705.40 · Amending or supplementing appropriation ordinance - transfer…