Ohio Admin. Code 5139-35-04

Current through all regulations passed and filed through October 28, 2024

Section 5139-35-04 - Fiscal management

The following standards are mandatory:

(A) There exists an adequate system of budgeting and accounting which controls the fiscal operation of the CRC.

(B) Juveniles funds held by the CRC are controlled by generally accepted accounting procedures.

The following standards are recommended:

(A) A CRC shall not permit public funds to be paid or committed to be paid to any corporation, firm, association or business in which any of the members of the governing body of the CRC, the executive personnel of the CRC, or the members of the immediate family of members of the governing body or executive personnel have any direct or indirect financial interest, or in which any of these persons serve as an officer or employee, unless the services or goods involved are provided at a competitive cost or under terms favorable to the CRC. The CRC shall make a written disclosure of any financial transaction with the CRC in which a member of the board or his/her immediate family is involved.

Ohio Admin. Code 5139-35-04

Five Year Review (FYR) Dates: 9/27/2019 and 09/27/2024
Promulgated Under: 111.15
Statutory Authority: 5139.04
Rule Amplifies: 5139.04
Prior Effective Dates: 12/11/1988, 10/30/2014

Effective: 10/30/2014
Five Year Review (FYR) Dates: 08/14/2014 and 10/30/2019
Promulgated Under: 111.15
Statutory Authority: 5139.04
Rule Amplifies: 5139.04
Prior Effective Dates: 12/11/1988