In its September report, the Ohio Office of Budget and Management said state revenue for the first quarter of the fiscal year mostly tracked agency estimates, ending Q1 with a $71 million surplus. However, September spending from the general revenue fund (GRF) exceeded estimates by about 1% due in large part to property tax reimbursements.
Personal income tax receipts for September totaled $930.9 million, which was $33.1 million (3.7%) above estimates. September non-auto sales and use tax collections were $729.0 million, which was $6.9 million (0.9%) below the forecast. Year-to-date, non-auto sales tax revenue has exceeded estimates by $12.1 million (0.5%). 10/11/2019