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PDF versionSECTION 1. All sections of any act which requires contributions from the general funds of Hamilton County to the Hamilton County Education Department's insurance and pension fund, and which have not been previously repealed, are repealed on June 30, 1981.
SECTION 2. The County Executive, the County Administrator of Finance, and the County Auditor shall determine each year, before the budget is adopted by the Hamilton County Legislative Body, the funds necessary to meet the financial responsibilities of the Hamilton County Education Department's insurance and pension plan for the next fiscal year. The County Administrator of Finance shall be required to see that any funds appropriated by the County Commission or allocated by the County School Board for this purpose are deposited into the Hamilton County Education Department's insurance and pension fund in a separate account kept by the County Trustee for the payment of benefits to participating members of this Pension System, it being the intent of this act that the said funds shall come from the established levy for educational purposes.
SECTION 3. Any act or part thereof which is in conflict with any provision of this act is repealed.
SECTION 4. This act shall have no effect unless it is approved by a two-thirds (2/3) vote of the County Legislative Body of Hamilton County before June 30, 1981. Its approval or nonapproval shall be proclaimed by the presiding officer of the County Legislative Body and certified by him to the Secretary of State.
SECTION 5. For the purpose of approving or rejecting the provisions of this act, it shall be effective upon becoming a law, the public welfare requiring it. For all other purposes, it shall become effective upon being approved as provided in Section 4.
Passed: May 19, 1981.