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Ohio Handles One Budget Shortfall, But Another Deficit Is Looming Soon
By: Karen Kasler | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — Using three quarters of a billion dollars in cuts and some reserve cash and federal Medicaid funding, the state of Ohio has staved off a budget deficit for the fiscal year that ends on June 30. But there’s a huge shortfall ahead for the year that begins on July 1…. Read More
Governor Seeks Pay Freezes, Cuts, As Pandemic Slams Revenue
COLUMBUS, Ohio (AP) — Ohio Gov. Mike DeWine is seeking pay freezes and cuts for state employees as the coronavirus pandemic continues to depress tax revenue. Kimberly Murnieks is DeWine’s director of the Office of Budget and Management. She said Monday that updated forecasts for the budget year beginning July 1 now show a $2.5… Read More
DeWine Says He Has Options After Budget Cuts, but Tax Hike isn’t Among Them
By: Karen Kasler | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — With a state budget deficit of three quarters of a billion dollars and just two months left in the fiscal year, Gov. Mike DeWine ordered huge cuts to schools, Medicaid and other areas. He says he’s considering other options going forward, but he has ruled out one possibility. It’s hard to… Read More
One Area of State Budget Was Up, but there’s No Celebration
By: Karen Kasler | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — The state budget is a sea of red, as income and sales tax collections are less than half of what was predicted for this month. There is one specific area of the budget that is showing big increases, but it’s not what state officials want to see. Alcoholic beverage tax revenue… Read More
More Details Released on DeWine’s Cuts to Higher, K-12 Education
By: Aaron Payne
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COLUMBUS, Ohio (WOUB) — Public universities and colleges will each see a 3.8 percent reduction in state funds and K-12 school funds will be reduced based on student population and poverty, according to new details regarding Gov. Mike DeWine’s announced $775 million in state budget cuts due to the coronavirus pandemic. The Ohio Office of Budget… Read More
DeWine Calls for $775 Million in State Budget Cuts
By: Gabe Rosenberg | WOSU
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COLUMBUS, Ohio (WOSU) — Gov. Mike DeWine is calling on a $775 million budget reduction over the next two months, as the coronavirus pandemic takes a “profound” impact on the state’s economy. Medicaid and education are the top items on the chopping block. DeWine proposed reducing Medicaid spending by $210 million, K-12 foundation payment by $300… Read More
Conservative Group Suggests Billions In Cuts State Could Make
By: Karen Kasler | Statehouse News Bureau
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A conservative think tank has put out a list of ways it thinks Gov. Mike DeWine is wasting $2.5 billion in his proposed budget. They’re listed in the latest edition of what’s called the Piglet Book. The Buckeye Institute says there’s no reason for the state to set aside $224 million on high-tech Third Frontier program grants, or… Read More