Ohio budget

photo of money
JO INGLES / STATEHOUSE NEWS BUREAU

Two months into the fiscal year, the state budget department says its forecast for tax revenues is close to on track.

 

Photo of Kasich signing the budget
JO INGLES / OHIO PUBLIC RADIO

Gov. John Kasich has signed a $2.6 billion capital budget, which covers state spending on infrastructure, colleges and universities, and community projects for the coming two years. Ohio Public Radio’s Jo Ingles reports.

Kasich says this capital budget provides needed money for roads, bridges, schools and the opioid crisis. He says this budget is fiscally solid and the state is better off than when he took the helm in 2011.

“We were a fiscal wreck. A fiscal wreck. We were $8 billion in the hole.”

Many Democrats dispute that number.

photo of natural gas drilling pad
DAVID GAYLOR / SHUTTERSTOCK

The state budget director is pushing back on a bill that environmental advocates and the oil and gas industry say would streamline the process of capping some 600 old oil and gas wells that don’t have owners. The bill would also triple the amount of money set aside to cap those wells. 

photo of Ohio Department of Medicaid
DAN KONIK / STATEHOUSE NEWS BUREAU

Ohio's GOP Legislature passed a budget last year that requires the state to apply for permission to impose work requirements on able-bodied Medicaid recipients. That could mean thousands of Ohioans could lose their health-care coverage.

General disagreement
Generally, conservatives and liberals disagree strongly over work requirements for Medicaid recipients.  From the right is Rea Hederman with the Buckeye Institute, which calls itself a free market think tank.

photo of Tim Keen
KAREN KASLER / STATEHOUSE NEWS BUREAU

The state budget office’s forecasts of how much money will come in each month continue to be very close to reality, as of the totals from the first six months of this fiscal year.

Personal income tax revenues were off estimates by less than a million dollars, and the state is still up more than $27 million.  State Budget Director Tim Keen acknowledges all income, sales and other taxes were down almost $12 million last month, but the state is running a $17.5 million surplus.

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