Tax Rules: Final: 5703-25
5703-25-49 Tax reduction factor; emergency school
levy phase-in
The tax commissioner shall include emergency school levies
authorized by the voters prior to January 1, 1985, as current
expenses of a school district in making the computations
required under paragraph (E) of rule 5703-25-45 of the
Administrative Code for tax years 1986, 1987, and 1988. The
exclusion of such levies from that computation as provided in
paragraph (E)(4) of that rule shall apply to all emergency
school levies authorized by the voters on or after January 1,
1985.
Effective: 9-18-03
Promulgated under: 5703.14
Authorized by: 5703.05
Amplifies: 319.301
Prior effective dates: 3-20-88 as 5705-7-05