TITLE VI - FINANCIAL MANAGEMENT
Section 5705.09 of the Ohio Revised Code requires that each city in Ohio establish separate and distinct funds for its money, and Section 743.06 of the Ohio Revised Code requires that each city in Ohio deposit its revenue derived from waterworks operations into a separate and distinct fund. Accordingly, the Board believes that it is in the best interest of the electors of the City of Avon to protect and preserve the monies of the Board by adopting the following Regulations relating to its revenues and expenditures.