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Current as of January 01, 2024 | Updated by Findlaw Staff
The form used by the county budget commission to calculate subdivision shares of the undivided local government fund as apportioned pursuant to section 5747.51 of the Revised Code shall be as follows:
Calculation of (name of subdivision) share of undivided local government fund for (name of county) county 1
|
1 |
2 |
|||||
|
A |
Authorized expenditure for subdivision |
Total |
||||
|
B |
1. Estimated expenditures from general fund |
_______ |
||||
|
C |
2. Estimated expenditures from special funds other than those established for road and bridge, street construction, maintenance, and state highway improvement, and for gas, water, sewer, and electric public utilities |
_______ |
||||
|
D |
3. Total |
_______ |
||||
|
E |
Deductions from authorized expenditures |
|||||
|
F |
4. Expenditures for permanent improvements |
_______ |
||||
|
G |
5. Transfers to road and bridge fund (counties and townships only) |
_______ |
||||
|
H |
6. Transfers to street construction, maintenance, and repair, and state highway improvements funds |
_______ |
||||
|
I |
7. Expenditures for the payment of debt charges |
_______ |
||||
|
J |
8. Expenditures for the payment of judgments |
_______ |
||||
|
K |
9. Taxes levied inside the "ten-mill limitation" |
_______ |
||||
|
L |
10. Budget commission allocation of estimated county public library fund revenues |
_______ |
||||
|
M |
11. Estimated unencumbered balances as of December 31 of current year in the general funds as stated in the tax budget |
_______ |
||||
|
N |
12. Revenue, including transfers, shown in the general fund or any special funds other than special funds established for road and bridge, street construction, maintenance, and repair, and state highway improvement, and for gas, water, sewer, and electric public utilities, from all other sources except those from additional taxes or service charges voted by electorate as defined in division (E)(4) of section 5747.51 of the Revised Code, and except revenue from special assessment and revenue bond collections |
_______ |
||||
|
O |
13. Total |
_______ |
||||
|
P |
Calculation of subdivision share |
|||||
|
Q |
14. Relative need of subdivision (line 3 less line 13) |
_______ |
||||
|
R |
15. Relative need factor for county (total estimate of undivided local government fund divided by total relative need of all participating subdivisions) |
_______ |
||||
|
S |
16. Proportionate share of subdivision (relative need of subdivision multiplied by relative need factor) |
_______ |
||||
|
T |
17. After any adjustments necessary to comply with statutory maximum share allowable to county |
_______ |
||||
|
U |
18. After any adjustments necessary to comply with statutory minimum share allowable to townships |
_______ |
||||
|
V |
19. After any adjustments necessary to comply with minimum guarantee in division (I) of section 5747.51 of the Revised Code |
_______ |
||||
|
W |
20. Proportionate share of subdivision (line 16, 17, 18, or 19, whichever is appropriate) |
_______ |
Cite this article: FindLaw.com - Ohio Revised Code Title LVII. Taxation § 5747.52 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-lvii-taxation/oh-rev-code-sect-5747-52/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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