Posted on 08/24/15 by Wendy Patton in Revenue & Budget
Ohio’s new two-year budget continues a long-term trend of the Kasich administration and General Assembly underfunding needed services of local government. For the past four years, the state has forsaken its historical partnership with cities, villages and townships. Between cuts in revenue sharing and loss of the estate tax, the state has provided local governments $1.7 billion less in the current, two-year budget than in the 2010-11 budget. That was the last budget in which the historical fiscal partnership between the state and localities was intact. In constant dollars, with inflation accounted for, the loss is more than $2 billion over... read more
Posted on 08/05/15 in Revenue & Budget
The upcoming Ohio sales tax holiday might seem like a good opportunity to stock up on clothing or school supplies: from August 7 to 9, purchases of clothing priced $75 or less and school supplies... read more
Posted on 07/07/15 by Harlan Spector in Revenue & Budget
We agree with Gov. John Kasich that expanding Medicaid health insurance to cover working-poor adults ultimately saves money (not to mention it improves health). Evidence of the benefits continue to accumulate. A new study published today... read more
Posted on 07/01/15 in Revenue & Budget
The two-year budget that Gov. Kasich signed into law yesterday takes crucial state resources and transfers them to affluent Ohioans, instead of using them to invest in the state and our people. Close to $2 billion... read more
Posted on 06/16/15 by Zach Schiller in Revenue & Budget
It’s tax break time in the Statehouse. The biennial state budget is often stuffed with special-interest provisions, and this year is no exception. One intriguing example: A proposed tax break clearly tailored to a single unnamed business... read more
Posted on 06/10/15 by Wendy Patton in Revenue & Budget
As the Ohio Senate rolls out its version of the budget for 2016 and 2017, Senate President Keith Faber tells us that the severance tax on oil and gas production they hoped to include is... read more
Posted on 06/05/15 by Zach Schiller in Revenue & Budget
Legislators in Columbus are heading into the stretch run of approving a two-year budget, and much of the attention has focused, as it should, on how much the Senate will add to the $1.2 billion... read more
Posted on 05/14/15 by Zach Schiller in Revenue & Budget
As Ohio state legislators consider whether to expand a major business tax break first approved two years ago, they might want to pay attention to what a number of Kansas Republicans have concluded: That an... read more
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