Tim Keen

Karen Kasler

For the second month in a row, the state collected more income taxes than forecasts suggested it would. That’s quite a turnaround from last year, when the new state budget had to be trimmed as income taxes fell short nearly $850 million.

Statehouse News Bureau

Just one month ago the House, Senate and governor finished a marathon budget battle where leaders had to fill a $1 billion gap. Now the state is getting its first look at how the economy is shaping up for the next two years. 

Karen Kasler

Ohio tax collections for the fiscal year that ended last month were more than $850 million off estimates. But the state ended the year with a balance of nearly $171 million. And almost a third of that was transferred from 15 pools of money held within various state agencies.

Daniel Konik/OGT

The state budget director took a lot of heat for tax collections that came in nearly a billion dollars below his projections.  That office is trying to make sure it doesn’t miss with its forecast for the new budget. But as he notes on "The State of Ohio" this weekend, there are still a lot of economic uncertainties to deal with.  

Karen Kasler

The state budget director was off by almost a billion dollars in its projections on tax collections for the fiscal year. But his prediction that the year that ended last week would close in the black was right.

Karen Kasler

There may have been occasional disagreements between Ohio’s Republican-dominated House and Senate and Republican Gov. John Kasich, but he’d issued more than a hundred vetoes in his seven years in office without one being overturned. Today, that changed dramatically.

Karen Kasler

New numbers from the state budget office show Senate Republicans were correct in saying they needed to close a billion dollar hole in the upcoming budget. And the trend of the state having less money to spend will continue.

Karen Kasler

As the state’s budget shortfall approaches a billion dollars, a tax cut adopted four years ago is getting close attention. The small business tax cut promoted by Republican leaders has saved business owners money – but has gained a lot of criticism in the process.

Karen Kasler

Senators will unveil their version of the state budget today – they needed to trim hundreds of millions of dollars to make sure it’s balanced. But critics are pointing to a small business tax cut as the reason the state’s tax revenues are short by nearly a billion dollars.

Karen Kasler

Senators are preparing to put out their version of the state budget, in which they need to trim hundreds of millions of dollars to make sure it’s balanced. And now the state budget office is reporting another big loss in tax collections for the current fiscal year.

Karen Kasler

Once again, for the ninth time in ten months, state tax revenues came in below estimates. And that's raising many questions among lawmakers trying to work out the upcoming state budget.

Andy Chow

Gov. John Kasich has been defending his budget, saying it’s the way to keep Ohio’s economy growing. But state lawmakers who are working on their own versions of the budget are looking at incoming tax revenues and raising critical questions.

Statehouse News Bureau

Gov. John Kasich has cut income taxes in all three of his state budgets, and has proposed a 17% income tax cut in his final one. But state lawmakers are working on the new state budget right now, and are looking at state tax revenue coming in below estimates. And even Kasich’s Republican colleagues in the legislature are showing signs that they’re concerned about what they’re seeing.

Karen Kasler

For the eighth time in nine months, the state has fallen short of predicted revenue. And this comes at a crucial time in the budget process.

Karen Kasler

For the third time in four months, the state has fallen short of bringing in the revenues that were projected.

Statehouse News Bureau

Gov. John Kasich’s proposed budget includes a change in the way a portion of the state’s local government fund is distributed to communities. But the leaders of some of Ohio’s biggest cities and a group that represents communities across the state are fuming over that formula.

Last month, Gov. John Kasich has warned that a tough budget process is ahead. But other state officials have questioned the use of the word “recession” and have said they think the state’s economic situation is strong. In an interview for "The State of Ohio", the state budget director says all this is true, in a way.

Karen Kasler

Gov. John Kasich made a surprise appearance on the floor of the Ohio House yesterday, to tell lawmakers to expect a tough budget because Ohio is on “the verge of a recession”. But a report from his budget office doesn’t back up that claim.

ODOT

Gov. John Kasich is following up on the cautionary statements his budget director has made about challenges coming in the next budget.

OGT/Ohio Channel

State agencies are already looking past this election and months ahead – to the upcoming budget process.

Karen Kasler

The money the state brought in from taxes was down last month, and that has officials saying they’ll be watching the next few months very carefully.

Dan Konik

More than $29 million has been deposited in the state’s savings account, which already held a record amount.