Effective: September 13, 2022 Latest Legislation: House Bill 140 – 134th General Assembly As used in this chapter: (A) “Subdivision” means any county; municipal corporation; township; township police district; joint police district; township fire district; joint fire district; joint ambulance district; joint emergency medical services district; fire and ambulance district; joint recreation district; township waste […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The aggregate amount of taxes that may be levied on any taxable property in any subdivision or other taxing unit shall not in any one year exceed ten mills on each dollar of tax valuation of such subdivision or other taxing unit, […]
Effective: September 13, 2022 Latest Legislation: House Bill 140 – 134th General Assembly (A) The taxing authority of each subdivision may levy taxes annually, subject to the limitations of sections 5705.01 to 5705.47 of the Revised Code, on the real and personal property within the subdivision for the purpose of paying the current operating expenses […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The taxing authority of each subdivision shall divide the taxes levied into the following separate levies: (A) The general levy for debt charges within the ten-mill limitation; (B) The general levy for current expense within the ten-mill limitation; (C) Special levies authorized […]
Effective: October 12, 2016 Latest Legislation: House Bill 158 – 131st General Assembly The purpose and intent of the general levy for current expenses is to provide one general operating fund derived from taxation from which any expenditures for current expenses of any kind may be made. The taxing authority of a political subdivision may […]
Effective: December 30, 2008 Latest Legislation: House Bill 458 – 127th General Assembly The following special levies are hereby authorized without vote of the people: (A) A levy for any specific permanent improvement which the subdivision is authorized by law to acquire, construct, or improve, or any class of such improvements which could be included […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The taxing authority of any subdivision may make tax levies authorized in excess of the ten-mill limitation by a vote of the people under the law applicable thereto, irrespective of all limitations on the tax rate.
Effective: September 10, 2012 Latest Legislation: House Bill 487 – 129th General Assembly On or before the first Monday in May of each year, the fiscal officer of each subdivision, except school districts and the city of Cincinnati, shall certify to its taxing authority the amount necessary to provide for the payment of final judgments […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Each subdivision shall establish the following funds: (A) General fund; (B) Sinking fund whenever the subdivision has outstanding bonds other than serial bonds; (C) Bond retirement fund, for the retirement of serial bonds, notes, or certificates of indebtedness; (D) A special fund […]
Effective: October 12, 2016 Latest Legislation: House Bill 158 – 131st General Assembly The board of county commissioners of each county shall establish a county developmental disabilities general fund. Notwithstanding section 5705.10 of the Revised Code, proceeds from levies under section 5705.222 and division (L) of section 5705.19 of the Revised Code shall be deposited […]
Effective: April 6, 2017 Latest Legislation: House Bill 438 – 131st General Assembly (A) All revenue derived from the general levy for current expense within the ten-mill limitation, from any general levy for current expense authorized by vote in excess of the ten-mill limitation, and from sources other than the general property tax, unless its […]
Effective: March 19, 1972 Latest Legislation: House Bill 475 – 109th General Assembly Whenever lands are removed from the tax duplicate of a county under the act of June 28, 1938, 45 Stat. 535, 33 U.S.C.A. 701b, or the “Flood Control Act of 1954,” 68 Stat. 1266, U.S.C.A. 701c-3, and the federal government makes payments […]
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 […]
Effective: March 22, 2019 Latest Legislation: House Bill 500 – 132nd General Assembly A municipal corporation may establish in the manner provided by law a sanitary police pension fund, an urban redevelopment tax increment equivalent fund, or a cemetery fund. A township may establish by law a cemetery fund. A subdivision that levies a tax […]
Effective: March 27, 2020 Latest Legislation: House Bill 197 – 133rd General Assembly (A) A taxing authority of a subdivision, by resolution or ordinance, may establish reserve balance accounts to accumulate currently available resources for the following purposes: (1) To stabilize subdivision budgets against cyclical changes in revenues and expenditures; (2) Except as otherwise provided […]
Effective: July 22, 1998 Latest Legislation: House Bill 426 – 122nd General Assembly A taxing authority of a subdivision may establish a nonexpendable trust fund for the purpose of receiving donations or contributions that the donor or contributor requires to be maintained intact. The principal of such fund may be invested, and the investment earnings […]
Effective: September 21, 2006 Latest Legislation: House Bill 385 – 126th General Assembly In addition to any reserve balance account established under section 5705.13 of the Revised Code, a board of township trustees, by resolution, may establish a reserve balance account to accumulate currently available resources for any purpose for which the board may lawfully […]
Effective: January 1, 2018 Latest Legislation: House Bill 26 – 132nd General Assembly No transfer shall be made from one fund of a subdivision to any other fund, by order of the court or otherwise, except as follows: (A) The unexpended balance in a bond fund that is no longer needed for the purpose for […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly In addition to the transfers authorized in section 5705.14 of the Revised Code, the taxing authority of any political subdivision may, in the manner provided in this section and section 5705.16 of the Revised Code, transfer from one fund to another any […]
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly 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 […]
