District Funds. The District’s funds shall be established and maintained by the Treasurer separate and apart from all other funds that may be under the custody of the Treasurer. The Board shall establish a General Fund for the operation and administration of the District. The District’s funds shall be subject to the laws of the State concerning the investment and management of public funds, particularly Chapter 135 of the Revised Code, and shall be the responsibility of the Treasurer. The Treasurer of the District shall deposit or cause to be deposited in the General Fund the revenues received from income tax or from other sources for operating costs of the District. Money may be transferred from the General Fund to any other fund of the District by action of the Board. Any interest earned on money in any District fund shall be credited to that fund. Disbursements may be made from a District fund by the Treasurer at the direction of the Board for any proper purpose of the District, including but not limited to payment of operating costs, costs incurred in connection with the organization and meetings of the District, costs and expenses of studies undertaken relating to new programs that may be of benefit to the District, fees and expenses provided under the Contract or the Tax Agreement or of consultants and lawyers, payment of other operating expenses, and payment of other costs of programs or projects of the District. The Treasurer shall maintain records that account for all disbursements from the District funds. The Treasurer shall request the Administrator under the Tax Agreement to make quarterly reports to the Board concerning all contributions to and disbursements from the District’s funds during the preceding calendar quarter.
District Funds. The Board will annually budget funds for maintaining and upgrading skills pertinent to employees' current positions. Application for the use of such funds will be made through the district-based supervisor.
District Funds. The District agrees to reimburse the City up to fifty percent (50%) of the City’s actual costs associated with the Project in a total amount not-to-exceed Thirty-Nine Thousand Eight Hundred Thirty-Four Dollars ($39,834.00) (the “District Funds). The District shall reimburse the City after receipt of documentation to the District’s reasonable satisfaction and submitted in a form sufficient to allow the District to review, inspect and approve the City Engineer’s invoices. In the event that the initial amount of District Funds authorized hereunder is insufficient to fully reimburse the City up to fifty percent (50%) of the City’s actual costs associated with the Project, the District and the City shall discuss in good faith whether additional District funds will be added to this Agreement through an Agreement amendment.
District Funds. District funds will be used to develop workshops, classes, speakers and other staff development activities of a District-wide interest with recommendations from the District Site Council.
