Fiscal Note & Local Impact Statement
124 th General Assembly of Ohio
· No direct fiscal effect on the state.
· No direct fiscal effect on political subdivisions.
Before entering into a contract or making a purchase a subdivision or local taxing unit needs a certificate issued by the fiscal officer of the subdivision. This certificate ensures that the subdivision has the funds for the purchase (or will have the funds by the time the amount is due).
However, the fiscal officer may issue a “blanket” certificate for recurring purchases of specific goods or services. This type of certificate allows a subdivision a great deal of convenience when making regular purchases. Rather than have to ask a fiscal officer for a certificate each time a purchase is made, a blanket certificate can approve the spending of up to a certain amount of funds on a good or service in a specified amount of time. For example, a fiscal officer may issue a blanket certificate for up to $3,000 of gasoline purchases within they next two months.
Currently, blanket certificates allowing spending of less than $5,000 may be issued for up to 3 months (not extending beyond the end of the fiscal year). Blanket certificates allowing spending of greater than $5,000 may extend up to one year (not extending beyond the end of the fiscal year). H.B. 21 proposes to allow a blanket certificate to be issued for up to one year (not extending beyond the end of the fiscal year) for any amount.
 The services of an accountant, architect, attorney at law, physician, professional engineer, construction project manager, consultant, surveyor or appraiser and goods such as fuel oil, gasoline, food items, roadway materials and utilities may be purchases using such a certificate. Other specific expenditures that are recurring and reasonably predictable operating expenses may also be purchased using a “blanket” certificate.