T he Budge tar y Pr oc e ss, an Ove r vie w (Ohio R e vise d Code 5705) Pur pose of Budge ting Co mplianc e Pla nning Mo nito ring 2 Budge tar y Pr oc e ss Ava ila b le Ava ila b le Mo dific atio n Mo dific atio n T T ax ax Ame nde d Ame nde d fro m All fro m All to to Budg e t Budg e t Ce rtific ate Ce rtific ate Appro priatio n Appro priatio n So urc e s So urc e s & Ce rtific ate s & Ce rtific ate s Ce rtific ate Ce rtific ate Do e s no t Do e s no t Amo unts Amo unts o f o f Appro priatio n Appro priatio n E E xc e e d xc e e d E E stimate d stimate d a nd Ra te s a nd Ra te s Re so lutio ns Re so lutio ns Ce rtific ate Ce rtific ate Re so urc e s Re so urc e s 3 1
T ax Budge t 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 o 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 (2) On o r b e fo re the fifte e nth da y o f Ja nua ry in fifte e nth da y o f July in the the c ase o f F YE6/ 30 e ntitie s c a se o f F YE12/ 31 e ntitie s 4 T ax L e vie s and R ate s Ohio Re vise d Co de Se c tio n 5705.34 • 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 o 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 5 Available R e sour c e s 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 o 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. 6 2
Appr opr iation R e solution Ohio Re vise d Co de Se c tio n 5705.38 12/ 31 F YEE ntitie s: On o r 6/ 30 F YEE ntitie s: By a b o ut the first da y o f Oc to b e r 1 st o f e a c h e a c h fisc a l ye a r, the fisc a l ye a r, the e ntity ta xing a utho rity o f e a c h sha ll pa ss a n sub divisio n sha ll pa ss a n a ppro pria tio n me a sure a ppro pria tio n me a sure a t the a ppro pria te le g a l a t the a ppro pria te le g a l le ve l o f c o ntro l. le ve l o f c o ntro l. 7 Appr opr iations vs. Available R e sour c e s • T o 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 o f the e stimate d re ve nue available fo r e xpe nditure , as c e rtifie d by the budg e t Ohio Re vise d c o mmissio n o n the Ame nde d Co de Se c tio n Ce rtific ate o f E stimate d Re so urc e s 5705.39 8 Modific ations Ohio Re vise d Ohio Re vise d Co de Se c tio n Co de Se c tio n 5705.40 5705.36 Ame nding o r Ame nding Supple me nting Antic ipate d Appro pria tio ns Re so urc e s 9 3
Ce r tific ation of E xpe nditur e s 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 Amo unt is Sig ne d b y the Mo nie s are L a wfully F isc a l Offic e r Ava ila ble Appro pria te d 10 Appr opr iations vs. E xpe nditur e s Appro pria tio ns Ohio Re vise d Co de E xpe nditure s Se c tio n (E xpe nditure s 5705.41B Canno t E xc e e d Appro pria tio ns) 11 Ohio Complianc e Supple me nt (OCS) L o 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 12 4
88 E. Broad St. Columbus, Ohio 43215 Phone: (800) 282-0370 Email: ContactUs@OhioAuditor.gov www.OhioAuditor.gov 5
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