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 07/01/15 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 06/10/15 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 04/13/15 by Zach Schiller in Revenue & Budget
MillerCoors has a gripe about its taxes. Every year, the company saves $350,000 because, like other brewers, beer importers and wholesale dealers, it gets a 3 percent credit for paying its Ohio alcoholic beverage taxes... read more
Posted on 04/10/15 by Zach Schiller in Revenue & Budget
Next week, a new version of the two-year state budget will be introduced in the Ohio House of Representatives. One of the many items worth watching: What happens to a new, $350 million-a-year tax break... read more
Posted on 03/25/15 by Wendy Patton in Revenue & Budget
The executive budget is big on innovation. Gov. John Kasich’s proposed budget contains six line items supporting “innovation funds” of one kind or another, at a cost of $262 million over the next two years.... read more
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