Ohio Admin. Code 117-6-03 - Set asides for capital improvements: schools

Except as provided in division (B) (D) of section 3315.18 of the Revised Code, each school district shall set aside revenue for capital improvements and maintenance three percent of the revenues received by the school district that would otherwise have been deposited in the general fund as defined in rule 3301-92-02 of the Administrative Code.

Notes

Ohio Admin. Code 117-6-03
Effective: 7/16/2021
Five Year Review (FYR) Dates: 4/15/2021 and 07/01/2026
Promulgated Under: 117.20
Statutory Authority: 3315.18
Rule Amplifies: 3315.18
Prior Effective Dates: 07/01/1998, 09/07/1999, 07/01/2000, 01/23/2006, 11/16/2015

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