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The Ohio Statehouse

Democrats Question Time Spent On Abortion Bills Instead Of Budget

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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

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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

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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

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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

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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

Office of Budget and Management director Kimberly Murnieks

Budget Director Revising Forecasts – Predicting Larger State Surplus

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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

The Ohio Statehouse

Business Groups Blast Change In House Budget As Tax Increase

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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

Senate President Larry Obhof (R-Medina, left) stands alongside Gov. Mike DeWine during DeWine's first State of the State speech in March.

Speaker Says Republicans Still Want To Squeeze Income Tax Cut In Tight Budget

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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

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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

Gov. Mike DeWine

DeWine Confident In Economic Forecasts Behind His Budget

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Gov. Mike DeWine is standing behind the numbers used to create his budget, as Republican House Speaker Larry Householder suggests he’s leaning toward more conservative numbers from the legislature’s economic analysts. Researchers for the Legislative Budget Office or LBO say they think the state will have half a billion dollars less in tax revenue for… Read More

Lawmakers Get Two Sets Of Forecasts To Start Budget Process

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On the first day of hearings on Gov. Mike DeWine’s $69 billion operating budget, lawmakers are hearing about two sets of economic forecasts. And they’ll have to decide which estimates they’ll go with. “Conservative” is the word heard over and over when it comes to this budget. Some Republican and Democratic lawmakers have questioned how DeWine… Read More

Lt. Gov. Jon Husted, Gov. Mike DeWine and OBM Director Kimberly Murnieks

DeWine’s Budget Doesn’t Bet On Money From Sports Gambling

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Gov. Mike DeWine says he’ll pay for the spending in his $69 billion dollar budget with economic growth – not new taxes or fees. And he’s also not counting on a source of revenue several lawmakers have been hoping to secure since a big U.S. Supreme Court decision last year. DeWine said the budget isn’t… Read More

WOUB Digital

West Virginia Lawmakers OK Budget Taking $23M From Reserve Funds

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West Virginia lawmakers have cleared a budget that relies on almost $23 million in reserves. The Republican-led Legislature voted Wednesday on the House-Senate budget agreement. Some votes crossed party lines. The plan wouldn’t depend on major tax or fee increases, like the cigarette tax hike that fizzled during the 60-day legislative session. In a difficult… Read More

$7 Billion Budget Adjusts Ohio Driver Training, Credit Card Options

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Prospective Ohio drivers would see added training requirements and the Bureau of Motor Vehicles would be allowed to accept credit and debit cards under a state transportation budget that easily cleared the Ohio House on Tuesday. The $7 billion, two-year spending blueprint lays out priorities for Ohio highway, road, bridge and public safety priorities over… Read More