When the United States government or the state or any department, division, agency, authority, or unit thereof makes a grant or loan of money to any political subdivision of this state to aid in paying the cost of any program, activity, or function of such subdivision, or enters into an agreement with the subdivision for the making of any such grant or loan of money, the amount thereof is deemed appropriated for such purpose by the taxing authority of the subdivision as provided by law and shall be recorded as such by the fiscal officer of the subdivision, and is deemed in process of collection within the meaning of section 5705.41 of the Revised Code.
Effective Date: 03-17-1989
Section: Previous 5705.391 5705.392 5705.40 5705.41 5705.411 5705.412 5705.413 5705.42 5705.43 5705.44 5705.45 5705.46 5705.47 5705.48 5705.49 NextLast modified: October 10, 2016