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Tallmadge City board approves February financials and adopts amounts-and-rates resolution
Summary
The Tallmadge City Board of Education on March 18 approved the minutes from its February meeting, adopted the district's monthly financial report for February 2026 and passed the annual amounts-and-rates resolution that certifies millage totals for fiscal year 2027.
The Tallmadge City Board of Education approved the minutes from its Feb. 18 meeting, adopted the district's monthly financial statements for February 2026 and passed the annual amounts-and-rates resolution for fiscal year 2027 during its March 18 meeting.
Board members voted by roll call to accept the treasurer's report as presented. One board member said there was "really nothing to point out" and that "everything's tracking as expected," and no member requested further detail from the finance director before the vote.
On the amounts-and-rates item, a board member explained the certification is a county-originated form that lists total levies and estimates revenue for the general fund, permanent improvement fund and bond retirement. The presenter described the action as an annual legal formality: "We then adopt this resolution, sign it, send it back, say we're in agreement," and noted the process meets the legal requirement.
Why it matters: the amounts-and-rates certification is the board's formal acknowledgment of the county-determined millage totals and is required to proceed with tax levies and related budgeting. Board members discussed that the resolution is required by law and typically represents an administrative, not discretionary, step.
What happened next: both the financials and the amounts-and-rates resolution were approved on a roll-call vote. The board proceeded to other agenda items including capital project closure and policy updates.
