| Opinion Summary: |
A park-district board is not authorized to create a reserve fund, only a replacement fund pursuant to R.C. 1545.28. It derives authority to levy or replace taxes under R.C. 1545.20–.21. It is authorized to modify the language of a replacement, or replacement and additional tax levy, under R.C. 1545.21. Commissioners of a park-district board established under R.C. Chapter 1545 are not required to reside in the territory of the park district. |