Fiscal Watches, Emergencies | Midpage

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Ohio Revised Code

Chapter 3316

Fiscal Watches, Emergencies

3316.01Fiscal watch - fiscal emergency definitions 3316.02Solvency assistance fund - shared resource account - catastrophic expenditures account 3316.03Auditor of state to declare fiscal watch or fiscal emergency 3316.031Identifying unsafe fiscal practices and budgetary conditions 3316.04Submitting financial plan after declaration of watch 3316.041Restructuring or refinancing loans 3316.042Performance audits of school district 3316.043Revision of three-year projection to conform to financial plan 3316.05Financial planning and supervision commission 3316.06Commission to adopt financial recovery plan 3316.061Dissolution of commission for failure to comply and appointment of fiscal arbitrator 3316.07Commission - powers, duties and functions 3316.08Annual determination of operating deficit - tax levy proposal 3316.09Expenses of commission and members of commission to be paid 3316.10School district board to develop financial accounting and reporting system 3316.11Board, officers and employees to provide commission with fiscal information 3316.12Effect of financial recovery plan 3316.13Duty to act pursuant to certification, notification, order or request of commission 3316.14Prior approval of commission required for debt obligation 3316.16Criteria for termination of commission 3316.17Commission may remove superintendent or treasurer of school district 3316.18Severability 3316.19Prohibited acts during fiscal emergency 3316.20School district solvency assistance fund; shared resource account; catastrophic expenditures account