State ex rel. Chester Township Board of Trustees v. Makowski

At the time these actions were commenced, R.C. 135.21 provided in part:

“All interest earned- on money included within a public deposit [depository] and belonging to undivided tax funds shall, except as otherwise expressly provided by law, be apportioned by the auditor pro rata among the separate funds or taxing districts in the proportions in which they are entitled to receive distribution of such undivided tax funds, due allowance being made for sums transferred in advance of settlements. All interest earned from other moneys deposited by a treasurer, which by reason of being *96custodial…