Effective: September 5, 2006
Latest Legislation: Senate Bill 321 - 126th General Assembly
As used in sections 107.033 to 107.035 of the Revised Code:
(A) "Aggregate general revenue fund appropriations" means all general revenue fund appropriations made by the general assembly except for the following:
(1) Appropriations of money received from the federal government;
(2) Appropriations made for tax relief or refunds of taxes and other overpayments;
(3) Appropriations of money received as gifts.
(B) "Rate of inflation" means the percentage increase or decrease in the consumer price index over a one-year period, based on the most recent consumer price index for all urban consumers, midwest region, all items, as determined by the bureau of labor statistics of the United States department of labor or, if that index is no longer published, a generally available comparable index.
(C) "Rate of population change" means the percentage increase or decrease in the population of this state over a one-year period, based on the most recent population data available for the state published by the bureau of the census of the United States department of commerce, or its successor in responsibility, in the population estimates program, or its successive equivalent.
(D) "Recast fiscal year" means fiscal years 2012, 2016, 2020, and each fourth fiscal year thereafter.