Fiscal Note & Local Impact Statement
127 th General Assembly of Ohio
BILL: |
DATE: |
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STATUS: |
SPONSOR: |
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LOCAL IMPACT
STATEMENT REQUIRED: |
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CONTENTS: |
To generally
authorize a board of county commissioners to appropriate funds to tax-exempt
501(c)(3) organizations to construct certain veterans facilities |
·
No
direct fiscal effect on the state.
LOCAL
GOVERNMENT |
FY 2008 |
FY 2009 |
FUTURE YEARS |
|
County General Funds |
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Revenues |
-0- |
-0- |
-0- |
|
Expenditures |
Potential increase |
Potential increase |
Potential increase |
|
Note: For most local governments, the fiscal year is the calendar year. The school district fiscal year is July 1 through June 30.
·
Although
the bill would allow counties to appropriate general fund revenues to eligible
community nonprofits, counties would presumably do so only if there were
sufficient general fund revenues available.
·
Counties
may incur negligible general fund expenses to prepare and oversee county
funding agreements with qualifying nonprofit organizations.
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County general fund appropriations for veterans'-related facilities
The bill authorizes county
commissioners to appropriate money from a county's general fund to eligible
tax-exempt nonprofits for the construction of veterans' memorial education
centers and veterans' service commission offices. As a condition of receiving the funds, the bill requires that
eligible nonprofits agree to keep current and accurate accounts of the county
general funds used and to repay any moneys to the county that are used
improperly. For county budget offices,
this may lead to some negligible new costs for drawing up these agreements and
overseeing the terms.
Presumably, counties would
only exercise this option when general fund revenues are sufficient to do
so. In this instance, the Licking
County Commissioners have funds available to assist the Licking County Veterans
Memorial Committee with the construction and operation of the Licking County
Veterans Memorial, which in addition to a memorial, includes office and meeting
space. This bill would give the county
commissioners the authority to appropriate available funds for this project.
LSC fiscal staff: Terry Steele, Budget Analyst