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Treasurer: nexus pipeline tax-appeal resolved; board approves building project closeout transfer
Summary
The treasurer reported that the district's multi-year nexus-pipeline tax appeal has cleared the court process and that back taxes (with interest governed by Ohio statutes, stated as 8%) are expected. The board approved transferring a remaining project balance into the Permanent Improvement Fund to close the building project.
The district treasurer updated the board that the long-running nexus pipeline tax-appeal has passed through the court process and that the district expects invoices and back-tax payments, including interest calculated under Ohio statutes. The treasurer said officials anticipate payments in the next couple of months but the timing depends on county-auditor processing.
On the building project closeout, the treasurer presented a handout showing the OFC local fund balance to be transferred into the Permanent Improvement Fund to close out the project. The board approved the transfer by roll-call vote. The transcript records the fund balance as "426,620 or $657.02," which appears inconsistent; the amount should be verified in the official transfer paperwork.
Treasurer also noted completion of staff health screenings and praised staff member Marina for handling communications and follow-up on those screenings.
