The Board of Education directs the establishment of object codes (400, 600, 700) in the General Fund and Permanent Funds.

The Treasurer shall be responsible for the administration of the Account and shall annually deposit into the Account the percentage of revenues, stipulated by the State, that would normally be deposited into the General Fund. Any revenues received from a permanent improvement levy may be substituted for the General Fund revenues.

This requirement is not to be superseded by any terms of a collectively-bargained, negotiated agreement.

R.C. 3315.18; 5705.01