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Government


Gov. Kasich's budget director says the state of the state budget is good
Democrats say it cost local governments and schools in a big way
by WKSU's STATEHOUSE BUREAU CHIEF KAREN KASLER


Reporter
Karen Kasler
 
Gov. John Kasich's budget director, Tim Keen
Courtesy of State of Ohio
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In The Region:

Ohio ended the first half of the two-year budget in the black – in a big way. State budget director Tim Keen says the fiscal year ended Monday with an $800 million surplus.

LISTEN: Keen on the state budget

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"We were able to close the year with tax receipts coming in modestly above estimate, about 1 percent above estimates, and spending -- led by Medicaid spending -- below the appropriated levels."

Keen says the money has been set aside to cover spending in the recently signed budget update, which includes an acceleration of the personal income tax cut in last year’s budget and an increase in the tax cut for small businesses.

The budget update also allows for $76 million in credits for lower-income taxpayers. Democrats have said budget surpluses should offset cuts in local government and school spending.

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