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OH HB115
Bill
Status
4/2/2013
Primary Sponsor
Kirk Schuring
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AI Summary
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Creates the Local Government Bridge Fund to provide grants to counties, townships, and municipal corporations based on funding reductions they experienced in fiscal years 2012 and 2013 from the Local Government Fund.
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Grant awards limited to a subdivision's "maximum allowable award," calculated as the sum of funding losses between FY 2011 and FY 2012 plus funding losses between FY 2011 and FY 2013.
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Applicants must demonstrate they would reduce resident services without funding, show budget growth proportionate to population growth over ten years, and submit a two-year plan for cost-reduction and efficiency measures or inter-subdivision collaboration.
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Director of Budget and Management may require performance audits by the State Auditor as a grant condition, with audit costs paid from the awarded grant amount.
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Appropriates $200,000,000 from the General Revenue Fund to the Local Government Bridge Fund for fiscal year 2014, with applications accepted October 1-31, 2013, and distributions made January 1-31, 2014.
Legislative Description
To create the Local Government Bridge Fund for the purpose of providing grants to local governments up to the reduced amount of funds the government received in fiscal years 2012 and 2013 from the Local Government Fund to assist in the implementation of efficiency and cost-saving measures, and to make an appropriation.
Local Government Bridge Fund-make up for Local Government Fund reductions
Last Action
To Finance and Appropriations
4/2/2013