Fire Insurance Trust
This fund was established by Ordinance No. 3210 on June 15, 1981. Section 3929.86 of the Ohio Revised Code provides for the payment of a portion of the proceeds from fire insurance policies to the city as insurance for the removal or repair of any structure sustaining damage by fire. The funds are returned to the insured when repairs or removals have been completed.
| Actual | Actual | Actual | Actual | Budget | |
|---|---|---|---|---|---|
| 2022 | 2023 | 2024 | 2025 | 2026 | |
| ($) | ($) | ($) | ($) | ($) | |
| Revenue | |||||
| Security Deposit | - | - | 31,255 | 66,749 | - |
| Total Revenue | - | - | 31,255 | 66,749 | - |
| Expenditures | |||||
| Contractual Services | |||||
| Inspection and Title Search | - | - | - | - | - |
| Other | - | - | - | - | - |
| Total Contractual Services | - | - | - | - | - |
| Miscellaneous | |||||
| Other | - | - | 31,255 | - | 66,749 |
| Total Miscellaneous | - | - | 31,255 | - | 66,749 |
| Total Expenditures | - | - | 31,255 | - | 66,749 |
| Excess (Deficiency) of | |||||
| Revenues over Expenditures | - | - | - | 66,749 | (66,749) |
| Other Financing Sources and Uses: | |||||
| Transfers In | |||||
| From General Fund | - | - | - | - | - |
| Transfers Out | |||||
| To General Fund | - | - | - | - | - |
| Proceeds From Borrowing | - | - | - | - | - |
| Payment of Borrowed Funds | - | - | - | - | - |
| Total Other Financing Sources and Uses | - | - | - | - | - |
| Net Change in Fund Balance | - | - | - | 66,749 | (66,749) |
| Cash Balance, Jan. 1 | - | - | - | - | 66,749 |
| Add: Receipts | - | - | 31,255 | 66,749 | - |
| Less: Disbursements | - | - | (31,255) | - | (66,749) |
| Cash Balance, Dec. 31 | - | - | - | 66,749 | - |
| Less: Outstanding Encumbrances | - | - | - | - | - |
| Unencumbered Fund Balance, Dec. 31 | - | - | - | 66,749 | - |
Scroll horizontally within the bordered table region to view all years and values.