TOWNSHIP TO RECEIVE NEW MONEY

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Townships in Montgomery County will receive an influx of new money this week when the county auditor’s office distributes nearly $100,000 to their treasuries.  The funds are from the State of Ohio as a result of legislation approved by the General Assembly last December.

SB 243, approved during the legislature’s lame duck session at the end of 2014, provides $10 million to be distributed to more than 1,300 townships across Ohio. Half of the $10 million allocation is being divided equally among every township in the state.  The remaining money is being distributed based on the amount of road miles within each township as determined by the Ohio Department of Taxation.

According to Auditor Karl Keith, townships in Montgomery County have been allocated a total of $98,553 from the state in accordance with SB 243.  Washington Township will receive the largest amount of funds with more than $21,000 while the townships of Harrison and Miami will both receive nearly $15,000.  All other townships in the county will receive less than $10,000 from this distribution.

Keith noted that since 2010, townships in Montgomery County have seen their local government fund distributions from the state cut by more than $670,000.  The amount of this new allocation makes up for about 15 percent of that total loss, Keith said. 

“I am certain any new money will be welcome,” Keith said.  “But, unfortunately, this is really just a drop in the bucket compared to the cuts local jurisdictions have seen.”

Date:  March 31, 2015

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