(a) A special revenue fund to be known as the Local Fiscal Recovery Fund (245) is hereby established for the purpose of accounting for the ARP funds.
(b) Since the new fund is required to be established, permission from the Auditor of the State is not needed.
(c) Under R.C. § 5705.42, federal grants are “deemed appropriate” and therefore separate appropriation approval of the ARP funds is not needed.
(Ord. 21-70. Passed 6-15-21.)