On June 30, 2015, Governor Kasich signed Am. Sub. H.B. 64 (the “Budget Bill”), after vetoing many of its provisions. Many of the Budget Bill’s provisions will become effective on Tuesday, September 29, 2015.
In addition to funding formula provisions, Ohio school districts may be interested in the following updates contained in the Budget Bill. The Bill, among other things, revises the dates of elections, lease purchase agreement authority, refunding bond provisions and community school provisions.