News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Meaden & Moore

Lehmans

Knight Foundation


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Government and Politics


Ohio hikes its estimates of tax revenues
Budget director says about half of extra revenues will be available for tax cuts
by WKSU's STATEHOUSE BUREAU CHIEF KAREN KASLER


Reporter
Karen Kasler
 
Budget Director Tim Keen testifies to the budget conference committee.
Courtesy of Karen Kasler
Download (WKSU Only)
In The Region:

The committee working out the differences between the House and Senate versions of the state budget now has updated estimates on tax revenues and the cost of Medicaid. Those numbers were higher than previous estimates, but they came with a caution.

LISTEN: KASLER ON TAXES

Other options:
Windows Media / MP3 Download (1:00)


The Office of Budget and Management estimates Ohio will collect $709 million more in tax revenues than the original forecast. But Budget Director Tim Keen says after payments to the federal government for unemployment benefits, transfers to the rainy day fund and other expenses are covere, the state will have only about $397 million extra to do more tax cuts or spending.

Conference committee members, from left to right, Rep. Vernon Sykes (D-Akron), Rep. Jeff McClain (R-Upper Sandusky), Rep. Ron Amstutz (R-Wooster), Sen. Scott Oelslager (R-Canton), Sen. Bill Coley (R-Middletown) and Sen. Tom Sawyer (D-Akron) listen to Keen's tesimony
“We will have to carefully review the policy choices that we make in order to ensure that we maintain an appropriate structural balance,” Keen says.

The House budget includes a 7 percent income tax cut, while the Senate version has a 50 percent tax cut, but only for small businesses. Conference committee co-chair Ron Amstutz, a Republican of Wooster, says the warning from Keen was understood.

“It’s going to be probably a more modest package than simply adding the two (House and Senate tax cuts) together," Amstutz says.

Amstutz hopes the committee will have recommendations early next week. The deadline for the new two-year budget to pass is July 1.

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

Ohio lawmakers propose grants for home construction for disabled people
We have been trying to have a "Visitability Bill" passed for years. Thanks, Greg

Lake County crimes may give Trump immigration fodder
Shoddy reporting at best. "Mixed views" The question that came to my mind was, "How many people did he have to interview to get "mixed views". Do the two peo...

Ohio's U.S. Sen. Sherrod Brown announces plans to improve Medicare by lowering prescription costs for seniors
Sounds good. I'm living in Florida to escape the snow. So far it's working. I retired from GM in 2000. Keep pushing for all the working people. In the long run ...

The tiny town that time, and elections, forgot may go out of existence
Thank you for this story. I grew up in Limaville, my parents home is there still...unsellable due to the septic/sewer problem. Sometimes I am sorry I left...wis...

Where Ohio'sJohn Kasich stands in the presidential polls
We are fans of Gov. Kasich since he served in the House of Representatives. It pleases us to finally see him as the potential President of the United States. We...

Cleveland hosts the first national Movement for Black Lives conference
What a wonderful experience this was, So much love and understanding, without all of the other distractions that tend to come with organizing for change, this e...

Air Force unit gets training and Youngstown gets rid of some eyesores
Do they have to totally destroy all the beautiful oak and leaded windows, which I am thinking are probably there? Do they just have to destroy them like that? C...

Jewish challah and Native American fry bread at an Akron cultural exchange
Each time I saw the young students relate to each other, I got goose bumps. These young students can and hopefully will teach all of us to live and respect eac...

One of the Cleveland Orchestra's most celebrated musicians bids farewell
I had the honor of studying with Franklin Cohen in the late 80s and early 90s. He is unparalleled both as a clarinetist and as a musician. His deep personal war...

Summa's dress code is not 'etched in stone'
SOME OF THESE POLICIES ARE A COMPLETE JOKE. UNLESS YOU ARE DOING THESE TYPE OF JOBS EVERY DAY, YOU DON'T KNOW WHAT IS COMFORTABLE AND REASONABLE OR NOT. UNLESS ...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University