Ohio Code 126.231 – Report from director of budget and management
Beginning on October 1, 2018, and every six months thereafter, the director of budget and management shall furnish to the president and minority leader of the senate, the speaker and minority leader of the house of representatives, and the chairpersons of the finance committees of the senate and house of representatives a report of all of the following:
Terms Used In Ohio Code 126.231
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Minority leader: See Floor Leaders
(A) Line items without current year appropriation but with remaining open encumbrances;
(B)(1) For an October report, funds that had no expenditures in the immediately preceding fiscal year but had remaining cash balances;
(2) For an April report, funds that had no expenditures in the current fiscal year but had remaining cash balances;
(C) (1) For an October report, funds that have spent less than half of their preceding fiscal year appropriations;
(2) For an April report, funds that spent or encumbered less than half of their current fiscal year appropriations through December of that fiscal year.
(D) Dedicated purpose funds that have more than one hundred per cent of their appropriation in cash on hand.