Ohio § 3315.20 Deficits in special funds

Ohio Statutes

§ 3315.20 — Deficits in special funds

Ohio § 3315.20

Title 33Education-Libraries

Ch. 3315School Funds

This text of Ohio § 3315.20 (Deficits in special funds) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 3315.20 (2026).

Text

A school district may have a deficit in any special fund of the district only if both of the following conditions are satisfied:

(A)The district has a request for payment pending with the state sufficient to cover the amount of the deficit and there is a reasonable likelihood that the payment will be made.

(B)The unspent and unencumbered balance in the district's general fund is greater than the aggregate of deficit amounts in all of the district's special funds.

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A school district may have a deficit in any special fund of the district only if both of the following conditions are satisfied:

(A) The district has a request for payment pending with the state sufficient to cover the amount of the deficit and there is a reasonable likelihood that the payment will be made.

(B) The unspent and unencumbered balance in the district's general fund is greater than the aggregate of deficit amounts in all of the district's special funds.