# Appropriation certificate

A term used when buying tutoring center.

The treasurer's written statement that the money is set aside, without which there is no contract.

District contract work is the revenue and this is what makes it real. In Ohio a contract with a school district needs a certificate from the fiscal officer that the money is in the treasury and not already committed. The statute is blunt about the consequence: a contract made without one is void, and no warrant is issued for anything owed on it. Two costs follow for a buyer. A multi-year agreement is certified only for the amount due in the fiscal year it was made, so three years in a [data room](https://searchspheresource.com/glossary/data-room) is one funded year and two intentions, and capitalizing all three overpays. And an uncertified contract is paid only if the district chooses to cure it. Its fiscal officer must certify the money was there then and now, and at three thousand dollars or more its board must approve within thirty days. Ask for the certificate and not the contract.

Part of: Buying a Tutoring Center (https://searchspheresource.com/guides/buying-a-tutoring-center)

Source: https://searchspheresource.com/guides/buying-a-tutoring-center/terms/appropriation-certificate
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt