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Pandemic Deepens Ohio University’s Budget Crisis
By: David Forster
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ATHENS, Ohio (WOUB) — Ohio University expects to lose about $20 million in revenue because so many students are choosing not to return to campus this semester. This is just one piece of a projected budget deficit of $32.2 million for the current fiscal year, forcing the university to again dip into its reserves to… Read More
Ohio University Leaders Struggled To Forecast Depth Of Budget Crisis
By: David Forster
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Editor’s note: This is the first in a series of stories that will examine the budget crisis that has left Ohio University looking to cut millions of dollars in expenses. As the region’s largest employer, the decisions it makes can have a profound effect on the local economy. The stories will look at the specific… Read More
Ohio University Projections Show Millions In Deficits
By: David Forster
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ATHENS, Ohio (WOUB) — Ohio University is looking at a more than $290 million budget deficit over the next five years if revenue and expenses are not brought into closer alignment. That budget gap would be plugged with money from the university’s reserves, and the biggest pool of money in these reserves could be drawn… Read More
Quick Look: Ohio University Faculty Given One Year Notice, Furlough Tiers Detailed
By: Allison Hunter
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ATHENS, Ohio (WOUB) — Friday’s 5:41 p.m. email from Ohio University President M. Duane Nellis outlined what hundreds, by that time, knew – there had been another round of job cuts. Nellis wrote that 94 administrators lost their jobs and, as of now, 53 instructors received official notice that they would be released from the… Read More
Quick Look: OU Trustees Reject Union Agreement, New Furlough Policy Coming
By: Allison Hunter
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ATHENS, Ohio (WOUB) — Ohio University’s Board of Trustees held their first-ever virtual meeting Monday. The members acknowledged outstanding students, approved a tuition freeze, and new academic programs as expected per the agenda overview. But an item originally submitted for approval was ultimately voted down. The board members rejected the university’s tentative collective bargaining agreement… Read More
Ohio University Delays Personnel-Related Budget Cuts During Pandemic
By: Aaron Payne
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ATHENS, Ohio (WOUB) — Ohio University has paused personnel-related budget reductions in response to the worldwide coronavirus pandemic. According to a release, the university on Wednesday requested the action be taken for an undetermined amount of time. “Our current focus must be on the safety and well-being of our campus communities as we continue to ensure… Read More
DeWine Orders Cuts in State Spending in Advance of Hit from Coronavirus
By: Karen Kasler | Andy Chow | Statehouse News Bureau
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The number of deaths from COVID-19 doubled from yesterday – going from three deaths announced Sunday to six today. And Gov. Mike DeWine has issued several orders to state government as it fights coronavirus, saying that he expects state revenues to go to go down dramatically. DeWine said he’s ordering an immediate hiring freeze in… Read More
Cities and Counties Have Given the State Their “Wish Lists” for Capital Budget
By: Jo Ingles | Statehouse News Bureau
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The deadline has passed for communities throughout the state to submit their requests for Ohio’s capital budget, which is expected sometime near the end of March when Gov. Mike DeWine will deliver his State of the State speech. Here are some of the items being requested by cities and counties. Ohio House Speaker Larry Householder says he expects the state… Read More
Senate Passes 2-Year Budget Deal And Sends It To Trump
By: Claudia Grisales | NPR
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The compromise was negotiated between the administration and Hill leaders and avoids a fiscal fight around the 2020 election. The deal suspends the debt limit for 2 years, heading off a default.
Governor Vetoes Tax Break For Wealthy Taxpayers Added Late To Budget
By: Karen Kasler | Statehouse News Bureau
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One of Gov. Mike DeWine’s 25 vetoes on the state budget struck a provision that was added at the last minute – a property tax reduction for certain homeowners in one wealthy school district, but not others. Hunting Valley is a village of 700 people just east of the outerbelt around Cleveland. It’s one of the wealthiest communities… Read More
Lawmakers Send Belated State Budget to Governor
By: Associated Press
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COLUMBUS, Ohio (AP) – Ohio would cut personal income taxes by 4%, raise the age for buying tobacco to 21 and direct $550 million for educational wraparound services such as mental health counseling under the two-year state budget that lawmakers belatedly sent Wednesday to the governor. The Republican-led Legislature passed a $69 billion spending plan… Read More
Lawmakers to Vote on Belated State Budget as Deadline Looms
By: Associated Press
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COLUMBUS, Ohio (AP) – Ohio lawmakers are expected to vote on a proposed two-year state budget Wednesday, hours before the extended deadline to pass the $69 billion spending plan. The latest version , approved Tuesday by a conference committee, includes a 4% personal income tax cut and $550 million for educational wraparound services such as… Read More
4% Tax Cut, Pharmacy Compensation in Ohio Budget
By: Associated Press
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COLUMBUS, Ohio (AP) — The latest version of Ohio’s proposed two-year state budget would cut personal income taxes by 4%, keep a debated business tax break and change how pharmacy benefits are administered for Medicaid users to boost transparency and control those costs. The plan passed Tuesday by a conference committee also would direct $100… Read More
Still No Budget With Two Days Left Til 17-Day Extension Expires
By: Karen Kasler | Statehouse News Bureau
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Budget talks between leaders of the House and Senate are being described as very positive with solid progress moving forward, but a deadline is coming Wednesday. Two sticking points appear to be the House’s drop in the income tax deduction many small businesses can take, and the Senate’s increase of the House’s income tax cuts. Sen. Dave Burke… Read More
Democrats Question Time Spent On Abortion Bills Instead Of Budget
By: Jo Ingles | Statehouse News Bureau
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Ohio is operating on a budget extension since lawmakers failed to pass a new two-year state budget by the constitutionally mandated June 30th deadline. Some Democrats are whether time that was spent on a controversial abortion law recently put on hold by a federal court could have been used better hammering out details of the state budget…. Read More
School Funding Formula Proposal Releases Estimates For Each School District
By: Andy Chow | Statehouse News Bureau
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School administrators are looking through the latest estimates from a new school funding formula proposal. While many lawmakers and some larger education groups, such as the Ohio Association of School Business Officials, have come out in support of the plan, there are individual school districts that are still not on board. The Cupp-Patterson school funding formula, HB305, proposes… Read More
Senate Passes Budget Unanimously For The First Time Since 2007
By: Karen Kasler | Statehouse News Bureau
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For the first time in 12 years, a two-year state operating budget has passed the full Ohio Senate without a single “no” vote. That sends the $69 billion spending plan to a conference committee to work out conflicts with the House version of the spending plan. Finance Chair Matt Dolan (R-Chagrin Falls) said children and… Read More
Final Senate Budget Unlikely To Include More Local Government Money
By: Karen Kasler | Statehouse News Bureau
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The final version of the Ohio Senate’s budget is expected Wednesday. While there will certainly be some proposals added in, some things are unlikely to change – such as the money that goes to a fund that’s been decimated over the last eight years. The initial Senate budget cuts taxes by $700 million over two… Read More
Senate Budget Keeps Tax Credits While Cutting Income Taxes
By: Andy Chow | Statehouse News Bureau
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Ohio Senate Republicans made sweeping changes to the House version of the state budget, including larger tax cuts and restored tax breaks. The Senate budget revives the small business income tax deduction on the first $250,000 earned. The House lowered that to the first $100,000. It also brings back the film tax credit and diverts $125 million from school wraparound services to school choice vouchers. When rolling out his budget… Read More
Budget Director Revising Forecasts – Predicting Larger State Surplus
By: Karen Kasler | Statehouse News Bureau
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Total state tax collections were up 20 percent over estimates for April and 3.1 percent for May. That’s leading the state budget director to revise her projections for a budget surplus for the close of the fiscal year at the end of this month. In March, Gov. Mike DeWine’s budget director Kimberly Murnieks turned out to be a… Read More
Ohio House Approves $69 Billion Spending Plan
By: Associated Press
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COLUMBUS (AP) — The Ohio Senate will soon consider the two-year state budget following House approval of the spending plan that includes a healthy reduction in the state income tax cut. The GOP-controlled House voted in favor of the $69 billion budget Thursday following its approval by the House Finance Committee a day earlier. The… Read More
Business Groups Blast Change In House Budget As Tax Increase
By: Karen Kasler | Statehouse News Bureau
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Business groups are blasting the House version of the budget for a change it makes to a controversial tax deduction – the one that allows many small businesses to take the first quarter million dollars of their income tax free. The change would drop that income threshold to $100,000. Tony Long at the Ohio Chamber… Read More
Speaker Says Republicans Still Want To Squeeze Income Tax Cut In Tight Budget
By: Karen Kasler | Statehouse News Bureau
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State lawmakers have been advised by their economic researchers to cut the spending in Gov. Mike DeWine’s budget. And they may try to add something into the House version of the budget set to be released on Wednesday that DeWine deliberately left out. There have been tax cuts in nearly every state budget since 2005. And… Read More
Nearly $20 Billion In Tax Credits In DeWine’s Budget Likely To Stay
By: Karen Kasler | NPR
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There aren’t any tax cuts in Gov. Mike DeWine’s first budget. Lawmakers may change that when they introduce their version of it soon. But they probably won’t change the $19.2 billion in tax credits and loopholes in it. Wendy Patton with the left-leaning Policy Matters Ohio said tax credits and exemptions have grown nearly 18 percent over the… Read More
No Tax Cut In DeWine’s Budget, But Some Suggest That Could Change
By: Karen Kasler | Statehouse News Bureau
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There have been tax cuts in nearly every state budget since 2005. But Gov. Mike DeWine has said now is the time to invest in Ohio, so there are no tax cuts in his budget. Some on the panel that makes changes to the budget are considering whether a tax cut can or should be… Read More