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State Deposits Even More Money Into Rainy Day Fund

Governor Kasich announced that $657.5 million was transferred to the State’s Budget Stabilization Fund (or otherwise known as the “rainy day” Fund), following the close of Fiscal Year 2018. The deposit comes after a fiscal year in which state revenue outperformed projections and under spending continued. The state’s “rainy day” fund now stands at nearly $2.7 billion.

For FY 2018, total tax receipts came in above estimates by $574.2 million, or 2.6%, Office of Budget & Management (OBM) reported Wednesday, July 11. Spending from the General Revenue Fund for the fiscal year was $522.9 million, or 1.6%, below estimates, although agencies have encumbered $371.2 million for obligations from FY 2018 that might be paid for in FY 2019.

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If you are interested in the appointment to the unexpired term of Trustee Dave Stotz, which runs until December 31, 2021, the Township Board will accept resumes until Saturday, July 13, at 4:00 p.m. at the Ballville Township House, 2220 Tiffin Road, Fremont, Ohio 43420.  Please call Chairman Bob Kusmer at (419) 680-0938 after hours to submit your resume. The appointment is only effective until the results of the November 5, 2019 election are certified.  Persons interested in completing the remainder of the unexpired term must submit a petition to the Board of Elections by August 7, 2019 at 4:00 PM to appear on the November 5, 2019 ballot. 

Ellen K. Ickes, Fiscal Officer

Ballville Township Trustees 

Publish in Fremont News-Messenger on July 6, 2019


The Ballville Township Trustee meeting scheduled for July 2nd has been canceled and will be rescheduled. Please check back for updates.

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