The DeWine-Husted biennial budget was introduced into the House of Representatives as House Bill 166. This is the ‘main operating’ budget for the state, and joins the workers’ compensation and transportation budgets already under consideration by the General Assembly.
The executive budget provides state and federal General Revenue Fund appropriations totaling $33.68 billion for FY 2020 and $35.30 billion for FY 2021, increases of 3.6% and 4.8%, respectively.
Across all funds, main operating budget appropriations total $69.56 billion in FY 2020, an increase of 4.1%, and $71.29 billion in FY 2021, an increase of 2.5%.
Where do the General Revenue Funds come from? About $10 billion a year from sales and use taxes, $9 billion from personal income taxes, $4.5 billion from other tax and non-tax receipts, and $10 from federal grants.
More to come in future Leadership Briefings. 3/27/2019