Ohio Revised Code
Chapter 126 | Office of Budget and Management
Section 126.05 | Monthly Statements Showing Condition of General Revenue Fund.

Effective: July 17, 2009
Latest Legislation: House Bill 1 - 128th General Assembly
On or before the tenth day of each month, the director of budget and management shall furnish to the governor statements in such form as the governor requires showing the condition of the general revenue fund. The statements shall provide a summary of the status of appropriations to enable the governor to exercise and maintain effective supervision and control over the expenditures of the state. The director shall also furnish statements the governor requests showing the condition of any other fund.
If the governor ascertains that the available revenue receipts and balances for the general revenue fund for the current fiscal year will in all probability be less than the appropriations for the year, the governor shall issue such orders to the state agencies as will prevent their expenditures and incurred obligations from exceeding such revenue receipts and balances.
If the governor ascertains that the available revenue receipts and balances for any fund other than the general revenue fund for the current fiscal year will in all probability be less than the appropriations for the year, the governor may issue such orders to the state agencies as will prevent their expenditures and incurred obligations from exceeding such revenue receipts and balances.
If the governor determines that the available revenue receipts and balances in any fund or across funds will likely be less than the appropriations for the year, the governor may declare a fiscal emergency and may issue such orders as necessary to the director of budget and management to reduce expenditures, or to the director of administrative services to implement personnel actions consistent therewith, including, but not limited to, mandatory cost savings days under section 124.392 of the Revised Code.
As used in this section, "expenditures and incurred obligations" includes all moneys expended or obligated pursuant to appropriations by the general assembly that are calculated and distributed pursuant to a distribution formula in law.

Structure Ohio Revised Code

Ohio Revised Code

Title 1 | State Government

Chapter 126 | Office of Budget and Management

Section 126.02 | Preparation of Budget Estimates.

Section 126.021 | Appropriations for Construction Compliance Section of Department of Development.

Section 126.022 | Estimates of Revenues From Tobacco Master Settlement Agreement.

Section 126.03 | Capital Plan - Agency Recommendations for Acquisition of Real Estate and Construction of Public Improvements.

Section 126.05 | Monthly Statements Showing Condition of General Revenue Fund.

Section 126.06 | Availability of Money in Total Operating Fund.

Section 126.07 | Certification of Balance Statement in All Contracts.

Section 126.071 | Monetary Settlement; Consultation With Director of Budget and Management.

Section 126.08 | Director of Budget and Management - Powers and Duties.

Section 126.09 | Monthly Distribution Schedule of Subsidies.

Section 126.11 | Coordination and Approval of Scheduling Sales of Certain Obligations.

Section 126.12 | Recovering Statewide Indirect Costs.

Section 126.13 | Designating Program or Activity for Performance Review.

Section 126.14 | Controlling Board to Approve Release of Appropriation for Purchase of Real Estate or Other Capital Project.

Section 126.141 | Contingency Reserve for Capital Appropriations.

Section 126.15 | Adjusting Capital or Operating Budgets.

Section 126.16 | Implementing Constitutional Provision for Purposes of Issuing Direct Obligations of State.

Section 126.21 | Accounting Duties of Director of Budget and Management.

Section 126.22 | Director - Accounting Powers.

Section 126.23 | Reports on State Funds.

Section 126.231 | Report From Director of Budget and Management.

Section 126.24 | Oaks Support Organization Fund.

Section 126.25 | User Charges - State Accounting Fund.

Section 126.26 | Director as Chairperson of Gubernatorial Transition Committee - Powers and Duties.

Section 126.27 | Filing Budget Estimates With Governor-Elect.

Section 126.28 | Powers to Take Testimony and Produce Evidence.

Section 126.29 | Agency Scheduled to Terminate Operations.

Section 126.30 | Interest on Late Payments for Goods and Services.

Section 126.301 | Statute of Limitations.

Section 126.31 | Travel and Other Expenses.

Section 126.32 | Job Interview and Relocation Expenses.

Section 126.35 | Warrants or Electronic Fund Transfers for Payments - Electronic Benefit Transfers.

Section 126.36 | Replacement of Lost or Destroyed Warrant.

Section 126.37 | Stale Warrants for Payment.

Section 126.38 | Furnishing Earnings Statement With Each Pay Warrant.

Section 126.40 | Forgery Recovery Fund.

Section 126.45 | Office of Internal Audit.

Section 126.46 | State Audit Committee.

Section 126.47 | Annual Internal Audit Plan.

Section 126.48 | Internal Audit Report as Public Record.

Section 126.50 | Definitions.

Section 126.503 | Control of Travel Expenses.

Section 126.504 | Use of Interoffice Mailing Service; Printing, Copying, Mail Preparation and Related Services.

Section 126.505 | Compliance With Standardization and Strategic Sourcing Policy and Control-on-Equipment Directives.

Section 126.506 | Participation in Technology Consolidation Projects.

Section 126.60 | H2ohio Fund.

Section 126.62 | Investing in Ohio Fund.

Section 126.65 | State Post-Traumatic Stress Fund.