117-6-03 Set asides for textbooks and capital improvements: schools.

 

 

 

TO BE RESCINDED

 

117-6-03                      Phase-in   period   for   textbook   and   capital   improvements: schools.

 

 

 

(A)    Each school district shall set aside for textbooks and instructional materials the amount required by division (A) of section 3315.17 of the Revised Code according to the following schedule:

 

(1)   For the fiscal year ending June 30, 1998, zero per cent of the revenues received by the school district for operating expenses as defined in paragraph (B) of rule 3313-92-01 of the Administrative Code.

 

(2)   For the fiscal year ending June 30, 1999, two per cent of the revenues received by the school district for operating expenses as defined in paragraph (B) of rule 3313-92-01 of the Administrative Code.

 

(3)   For the fiscal year ending June 30, 2000, and every fiscal year thereafter, three per cent of the revenues received by the school district for operating expenses as defined in paragraph (B) of rule 3313-92-01 of the Administrative Code.

 

(B)    Each school district shall set aside for capital improvements and maintenance the amount required by division (A) of section 3315.18 of the Revised Code according to the following schedule:

 

(1)   For the fiscal year ending June 30, 1998, zero per cent of all revenues received by the district that would otherwise have been deposited in the general fund as defined in paragraph (B) of rule 3313-92-02 of the Administrative Code.

 

(2)   For the fiscal year ending June 30, 1999, two per cent of all revenues received by the district that would otherwise have been deposited in the general fund as defined in paragraph (B) of rule 3313-92-02 of the Administrative Code.

 

(3)   For the fiscal year ending June 30, 2000, and every fiscal year thereafter, three per cent of all revenues received by the district that would otherwise have been deposited in the general fund as defined in paragraph (B) of rule 3313-92-02 of the Administrative Code.

 

 

 

 

 

 

 

 

 

 

117-6-03                                                    TO BE RESCINDED                                        2

Replaces:                                                     117-2-23

Effective:                                                    01/23/2006

R.C. 119.032 review dates:                         10/27/2005

CERTIFIED ELECTRONICALLY
Certification
01/10/2006
Date
Promulgated Under:	119.03
Statutory Authority:	3315.17, 3315.18
Rule Amplifies: Prior Effective Dates:	3315.17, 3315.18 7-1-98; 9-7-99; 7-1-00