Ohio Code § 5705.35

§ 5705.35.

(A) The certification of the budget commission to the taxing authority of each subdivision

or taxing unit, as set forth in section 5705.34 of the Revised Code , shall show the various funds of such subdivisions other than funds to be created

by transfer and shall be filed by the county budget commission with such taxing authority

on or before the first day of March in the case of school districts and the city of

Cincinnati and on or before the first day of September in each year in the case of

all other taxing authorities.  There shall be set forth on the credit side of each fund the estimated unencumbered

balances and receipts, and if a tax is to be levied for such fund, the estimated revenue

to be derived therefrom, the rate of the levy, and what portion thereof is within,

and what in excess of, the ten-mill tax limitation, and on the debit side, the total

appropriations that may be made therefrom. There shall be attached to the certification a summary, which shall be known as the

“official certificate of estimated resources,” that shall state the total estimated

resources of each fund of the subdivision that are available for appropriation in

the fiscal year, other than funds to be created by transfer, and a statement of the

amount of the total tax duplicate of the school district to be used in the collection

of taxes for the following calendar year.  Before the end of the fiscal year, the taxing authority of each subdivision and

other taxing unit shall revise its tax budget, if one was adopted, so that the total

contemplated expenditures from any fund during the ensuing fiscal year will not exceed

the total appropriations that may be made from such fund, as determined by the budget

commission in its certification;  and such revised budget shall be the basis of the

annual appropriation measure. (B) Revenue from real property taxes scheduled to be settled on or before the tenth day

of August and the fifteenth day of February of a fiscal year under divisions (A) and (C) of section 321.24 of the Revised Code shall not be available for appropriation by a board of education prior to the fiscal

year in which such latest scheduled settlement date occurs, except that moneys advanced

to the treasurer of a board of education under division (A)(2)(b) of section 321.34 of the Revised Code shall be available for appropriation in the fiscal year in which they are paid to

the treasurer under such section.  If the date for any settlement of taxes is extended under division (E) of section 321.24 of the Revised Code , the latest date set forth in divisions (A) to (D) of that section shall be used

to determine in which fiscal year the revenues are first available for appropriation.