Ohio Office of Budget and Management

Lawmakers begin reappropriations for capital projects

BY: - March 16, 2022

Ohio lawmakers are beginning the capital reappropriations process this week. The legislation funds projects like new buildings or facility improvements that often stretch beyond the state’s two-year budgeting cycle. “This reappropriations process is not intended as a vehicle for new capital appropriations, nor is it intended to raise new issues,” Office of Budget and Management […]

Education budget debate begins as Jan. budget shows declines in higher ed, K-12

BY: - February 17, 2021

Subcommittees on K-12 and higher education are beginning their discussions on the new operating budget this week, and they have plenty of budgetary information to look at, including declines shown in the January budget report. The Ohio House Finance subcommittee on higher education will take their first look at the pieces of the state operating […]

Ohio’s economic leaders remain cautiously optimistic in monthly financial report

BY: - November 27, 2020

Ohio’s monthly financial report showed growth in several categories, but the state’s financial managers remained cautiously optimistic. The October numbers for unemployment, revenue growth and economic recovery were released recently by the Ohio Office of Budget and Management. “October revenues continued to perform at a greater level than would normally be expected from an economy […]

State financial report shows declines in unemployment, personal income

BY: - October 16, 2020

Despite decreases in most economic growth categories, including personal income, a monthly financial report said Ohio’s economic recovery was ahead of the national recovery. The September report prepared by the Ohio Office of Budget and Management said the state was at 87% on an index tracking economic recovery, developed by research firm Moody’s Analytics and […]