Ohio Sees Strong July Revenues Driven by Sales Tax

July was a good month for Ohio tax revenues. Total General Revenue Fund receipts came in at $2.43 billion, 8.2% above estimates, according to preliminary revenue tables from OBM. The first month of the state’s new fiscal year saw overall sales and use taxes up $145.8 million (14.8%) compared to estimates, while personal income tax revenue was up $33.7 million (2.9%). 8/11/2020