Ohio Code 3318.364 – Assistance for schools that have entered into an expedited local partnership agreement
In any fiscal year, the Ohio facilities construction commission may, at its discretion, provide assistance under sections 3318.01 to 3318.20 of the Revised Code to a school district that has entered into an expedited local partnership agreement under section 3318.36 of the Revised Code before the district is otherwise eligible for that assistance based on its percentile rank, if the commission determines all of the following:
Terms Used In Ohio Code 3318.364
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- state: means the state of Ohio. See Ohio Code 1.59
(A) The district has made an expenditure of local resources under its expedited local partnership agreement on a discrete part of its district-wide project.
(B) The district is ready to complete its district-wide project or a segment of the project, in accordance with section 3318.034 of the Revised Code.
(C) The district is in compliance with division (D)(2) of section 3318.36 of the Revised Code.
(D) Sufficient state funds have been appropriated for classroom facilities projects for the fiscal year to pay the state share of the district’s project or segment after paying the state share of projects for all of the following:
(1) Districts that previously had their conditional approval lapse pursuant to section 3318.05 of the Revised Code;
(2) Districts eligible for assistance under division (B)(2) of section 3318.04 of the Revised Code;
(3) Districts participating in the exceptional needs school facilities assistance program under section 3318.37 or 3318.371 of the Revised Code;
(4) Districts participating in the accelerated urban school building assistance program under section 3318.38 of the Revised Code.
Assistance under this section shall be offered to eligible districts in the order of their percentile rankings at the time they entered into their expedited local partnership agreements, from lowest to highest percentile. In the event that more than one district has the same percentile ranking, those districts shall be offered assistance in the order of the date they entered into their expedited local partnership agreements, from earliest to latest date.
As used in this section, “local resources” and “percentile” have the same meanings as in section 3318.36 of the Revised Code.