Ohio Revised Code Chapter 3315 - School Funds

• Section 3315.01 - Crediting Of Investment Earnings.
  (A) Except as provided in division (B) of this section and notwithstanding sections 3315.12 and 3315.14 of the Revised Code, the board of education...
• Section 3315.02 - Board To Provide Funds - Control - Purpose - Commissioners Of Sinking Fund.
  The board of education of every district shall provide by a tax levy for the payment of the annual interest on its bonded indebtedness,...
• Section 3315.03 - Investment Of Sinking Fund.
  The board of commissioners of the sinking fund shall invest that fund in bonds of the United States, of Ohio, of any municipal corporation,...
• Section 3315.04 - Report Of Commissioners Of Sinking Fund.
  The board of commissioners of the sinking fund shall make an annual report to the board of education giving a detailed statement of the...
• Section 3315.05 - Payment Of Bonds And Interest.
  The board of education shall appropriate to the use of the sinking fund any taxes levied for the payment of interest on its bonded...
• Section 3315.06 - Governing Board Of Service Center - Powers And Duties.
  As used in this section "expenses" includes the cost of meals served to educational service center governing board members and members of the boards...
• Section 3315.061 - Funds For Studies And Surveys.
  The board of education of any school district may expend funds for the purpose of conducting, or entering into contracts for, studies or surveys...
• Section 3315.062 - Student Activity Programs - Accident Insurance Or Self-insurance For Athletic Programs.
  (A) The board of education of any school district may expend moneys from its general revenue fund for the operation of such student activity...
• Section 3315.07 - Instructional Program For Employees - Supplies And Equipment For Local School Districts.
  (A) The board of education of each school district may provide an instructional program for the employees of the district. The board may provide...
• Section 3315.08 - Salaries Of Employees And Officers Of Board Of Education - Payroll Account - Deposits.
  In any school district the salaries of all employees and officers of the board of education and all payrolls may be paid in such...
• Section 3315.09 - Contracts For Special Instruction.
  The boards of education of any city, exempted village, local, or joint vocational school districts or the governing boards of educational service centers may...
• Section 3315.091 - Contracts For Driver Education Instruction.
  The boards of education of any city, exempted village, local, or joint vocational school districts or the governing boards of educational service centers may...
• Section 3315.10 - Management And Control Of Property Held In Trust For Educational Purposes.
  The custody, management, and administration of all estates or funds, given or transferred in trust to any municipal corporation for the promotion of education,...
• Section 3315.11 - Replacement Fund - Purpose.
  The board of education of any city, exempted village, or local school district may establish and maintain a replacement fund, and for that purpose,...
• Section 3315.12 - Investment Of The Fund.
  The replacement fund provided for in section 3315.11 of the Revised Code may be invested in the same manner as is provided for the...
• Section 3315.13 - How Money Drawn From Fund.
  Money shall be drawn from the replacement fund by orders only, passed by a majority vote of the full membership of the board of...
• Section 3315.14 - When Replacement Fund May Be Reduced, Disposed Of, Or Expended.
  The replacement fund shall not be reduced, disposed of, or expended for purposes other than those specified in section 3315.11 of the Revised Code,...
• Section 3315.15 - Service Fund Set Aside.
  Any city, local, or exempted village board of education may by resolution set aside each year from the general fund a sum not to...
• Section 3315.16 - [Repealed].
  Effective Date: 11-21-1969
• Section 3315.17 - [Repealed].
  Repealed by 129th General AssemblyFile No.8, HB 30, §2, eff. 7/1/2011. Effective Date: 07-01-2001; 09-29-2005
• Section 3315.171 - [Repealed].
  Repealed by 129th General AssemblyFile No.8, HB 30, §2, eff. 7/1/2011. Effective Date: 09-16-1998
• Section 3315.18 - Capital And Maintenance Fund.
  (A) The board of education of each city, exempted village, local, and joint vocational school district shall establish a capital and maintenance fund. Each...
• Section 3315.181 - Sources Of Revenue For Capital And Maintenance Fund.
  As used in this section, "securities" has the same meaning as in section 133.01 of the Revised Code. Notwithstanding division (A) of section 3315.18...
• Section 3315.19 - Board Electing To Comply With Former Provisions Of Law Concerning Fund For Capital And Maintenance.
  Notwithstanding the provisions of section 3315.18 of the Revised Code as it exists after July 1, 2001, the board of education of any school...
• Section 3315.20 - Deficits In Special Funds.
  A school district may have a deficit in any special fund of the district only if both of the following conditions are satisfied: (A)...
• Section 3315.21 To 3315.28 - [Repealed].
  Effective Date: 11-21-1969
• Section 3315.29 - Payment When County Line Divides Township.
  If parts of an original surveyed township or fractional township are situated in two or more counties, the amount of interest on common school...
• Section 3315.30 - Apportionment When County Line Divides An Original Surveyed Township.
  When an original surveyed township or fractional township is situated in two or more counties, and the land granted thereto by congress for the...
• Section 3315.31 - Duty Of The County Auditor.
  The county auditor of each county shall collect all fines and other money for the support of common schools in his county, and pay...
• Section 3315.32 - [Repealed].
  Effective Date: 08-01-1985
• Section 3315.33 - Ohio Scholarship Fund For Teacher Trainees.
  There is hereby established a fund to be known as the Ohio scholarship fund for teacher trainees for the public purpose of relieving the...
• Section 3315.34 - Promissory Note Of Scholarship Fund Recipient - Renewal Of Scholarship.
  Each person who receives a scholarship shall execute a promissory note which shall be endorsed by some responsible citizen, and shall deliver said note...
• Section 3315.35 - Statement Of Service - Cancelled And Uncancelled Notes.
  At the expiration of each school year of service as a teacher in the public schools of Ohio by a person who has benefited...
• Section 3315.36 - [Repealed].
  Effective Date: 07-01-1993
• Section 3315.37 - Teacher Education Loan Program.
  The board of education of a school district may establish a teacher education loan program and may expend school funds for the program. The...
• Section 3315.40 - Board May Establish Education Foundation Fund.
  The board of education of a city, local, exempted village, or joint vocational school district or the governing board of any educational service center...
• Section 3315.41 - Board May Create Trust For Investment Of Money In Education Foundation Fund.
  A board of education may create a trust for investment of money in the education foundation fund created pursuant to section 3315.40 of the...
• Section 3315.42 - Inapplicability To Certain School Districts.
  Sections 3315.40 and 3315.41 of the Revised Code do not apply to either of the following: (A) A school district that has received funds...

Last modified: October 10, 2016