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Trumbull County to create clearing fund for state share of vendor license fees after HB 366 change
Summary
County auditors asked commissioners to create fund 9015 to hold the state share of a vendor license fee change enacted in House Bill 366; the board backed creating a clearing fund so state receipts are not mistakenly reported as county revenue.
Trumbull County commissioners approved creating a dedicated clearing fund to hold the state share of a vendor license fee that changed under House Bill 366, a move county officials said is needed to keep the county general fund accounting accurate.
Trumbull County Auditor Martha Yoder explained to the board that House Bill 366, which took effect…
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