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Winton Woods board adopts tax budget, authorizes investments and organizational resolutions in unanimous votes

2151037 · January 3, 2025
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Summary

The Winton Woods City School District Board of Education approved its FY2026 tax budget and a package of routine financial and administrative authorizations during its Jan. 3, 2025 organizational meeting; all motions passed unanimously.

The Winton Woods City School District Board of Education approved a package of organizational resolutions and routine financial measures at its Jan. 3, 2025 organizational meeting, voting unanimously on each item.

Treasurer Seymour presented the district’s tax budget for fiscal year 2026 and said the board had previously authorized use of the five-year forecast for the general fund. Seymour explained the tax budget “is the tax budget that we will forward down to the Hamilton County Auditor who presents it to the Budget Commission,” and that the Budget Commission will set values and rates before the board adopts final tax rates in April or May. The board approved the tax budget for funds that collect taxes (general fund, permanent improvement, bond fund and classroom facilities maintenance fund) by roll-call vote.

The board also unanimously approved these financial and administrative delegations and approvals: - Authorization for the treasurer to invest inactive and interim funds as available, with investments brought to the board for approval at subsequent meetings. - Authorization for the treasurer to request advance tax payments from the Hamilton County Budget and Settlement Department when available. - Authority for the treasurer to make fund-to-fund advances, advance returns and transfers as needed during the year, with ratification in the next regular meeting’s financial reports. - Authorization of official signatures (per Ohio Revised Code 3313.51) designating the president and treasurer as authorized signers and allowing a facsimile for the treasurer’s signature. - Approval of blanket purchase order authority…

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