Ohio § 5747.503
Full text of Ohio Ohio Revised Code § 5747.503, with citation guidance and answers to common questions.
§ 5747.503.
(A) On or before the tenth day of each month, the tax commissioner shall provide for
payment to each county undivided local government fund of a supplement for townships. The commissioner shall determine the amounts paid to each fund as follows: (1) An amount equal to forty-one and sixty-seven one-hundredths per cent of one million
dollars shall be divided among every county fund so that each township in the state
receives an equal amount. (2) An amount equal to forty-one and sixty-seven one-hundredths per cent of one million
dollars shall be divided among every county fund so that each township receives a
proportionate share based on the proportion that the total township road miles in
the township is of the total township road miles in all townships in the state. (B)(1) As used in this division, “ qualifying village ” means a village with a population of less than one thousand according to the most
recent federal decennial census. (2) On or before the tenth day of each month, the tax commissioner shall provide for
payment to each county undivided local government fund of a supplement for qualifying
villages. The commissioner shall determine the amounts paid to each fund as follows: (a) An amount equal to eight and thirty-three one-hundredths per cent of one million
dollars shall be divided among every county fund so that each qualifying village in
the state receives an equal amount. (b) An amount equal to eight and thirty-three one-hundredths per cent of one million
dollars shall be divided among every county fund so that each qualifying village receives
a proportionate share based on the proportion that the total village road miles in
the qualifying village is of the total village road miles in all qualifying villages
in the state. (C) The tax commissioner shall separately identify to the county treasurer the amounts
to be allocated to each township under divisions (A)(1) and (2) of this section and
to each qualifying village under divisions (B)(2)(a) and (b) of this section. The treasurer shall transfer those amounts to townships and qualifying villages
from the undivided local government fund. (D) The tax commissioner shall update the road mile information used to determine payments
under divisions (A) and (B) of this section at least once every five years, and may
update such information more often at the commissioner's discretion.
Frequently Asked Questions About Ohio § 5747.503
What does Ohio Revised Code § 5747.503 cover?
Section 5747.503 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 5747.503?
A common citation format is "Ohio Revised Code § 5747.503" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 5747.503 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.