Ohio § 5705.44 Contracts running beyond fiscal year - certificate not required on contracts payable from utility earnings

Ohio Statutes

§ 5705.44 — Contracts running beyond fiscal year - certificate not required on contracts payable from utility earnings

Ohio § 5705.44

Title 57Taxation

Ch. 5705Tax Levy Law

This text of Ohio § 5705.44 (Contracts running beyond fiscal year - certificate not required on contracts payable from utility earnings) 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. § 5705.44 (2026).

Text

When contracts or leases run beyond the   termination of the fiscal year in which they are made, the fiscal   officer of the taxing authority shall make a certification for the   amount required to meet the obligation of such contract or lease   maturing in such fiscal year. The amount of the obligation under   such contract or lease remaining unfulfilled at the end of a   fiscal year, and which will become payable during the next fiscal   year, shall be included in the annual appropriation measure for   the next year as a fixed charge.

The certificate required by section5705.41of the Revised   Code as to money in the treasury shall not be required for   contracts on which payments are to be made from the earnings of a   publicly operated water works or public utility, but in the case   o

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When contracts or leases run beyond the termination of the fiscal year in which they are made, the fiscal officer of the taxing authority shall make a certification for the amount required to meet the obligation of such contract or lease maturing in such fiscal year. The amount of the obligation under such contract or lease remaining unfulfilled at the end of a fiscal year, and which will become payable during the next fiscal year, shall be included in the annual appropriation measure for the next year as a fixed charge.

The certificate required by section5705.41of the Revised Code as to money in the treasury shall not be required for contracts on which payments are to be made from the earnings of a publicly operated water works or public utility, but in the case of any such contract made without such certification, no payment shall be made on account thereof, and no claim or demand thereon shall be recoverable, except out of such earnings. That certificate also shall not be required if requiring the certificate makes it impossible for a county board of developmental disabilities to pay the nonfederal share of medicaid expenditures that the county board is required by sections5126.059and5126.0510of the Revised Code to pay.