State Senator Chris WidenerOhio Senate District 10

Why Are Jobs Important?Current & Future State Budget Priorities

GRF Revenue/Tax Receipts - FY 2010-2011

Revenue Source actual FY 2010 est FY 2011 Total

Sales and Use $7,077,400,000 $7,267,400,000 $14,344,800,000

Personal Income Tax $7,247,200,000 $7,567,600,000 $14,814,800,000

Corporate Franchise Tax $141,700,000 $132,400,000 $274,100,000

Cigarette Tax $886,900,000 $794,000,000 $1,680,900,000

Other Taxes $880,400,000 $971,800,000 $1,852,200,000

TOTAL $16,233,600,000 $16,733,200,000 $32,966,800,000

Other Taxes

Public Utility Excise Tax $136,700,000 $180,000,000 $316,700,000

Kilowatt Hours Excise Tax $156,300,000 $167,300,000 $323,600,000

Foreign Insurance Company Tax $250,800,000 $250,000,000 $500,800,000

Domestic Insurance Company Tax $161,700,000 $196,000,000 $357,700,000

Intangible Taxes $27,300,000 $24,000,000 $51,300,000

Alcoholic Beverages Tax $56,100,000 $58,000,000 $114,100,000

Liquor Gallonage Tax $36,500,000 $36,000,000 $72,500,000

Estate Tax $55,000,000 $60,500,000 $115,500,000

HB 1 Appropriations - State Only GRF Money - Not including HB 318

Category FY 2010 FY 2011 Total

Education $8,503,861,890 $8,108,961,006 $16,612,822,896

Human Services $4,501,673,817 $5,299,205,928 $9,800,879,745

Corrections $1,773,916,202 $1,651,453,729 $3,425,369,931

Other $2,643,039,321 $2,626,292,472 $5,269,331,793

Total $17,422,491,230 $17,685,913,135 $35,108,404,365

       

Other Appropriations

General Government/Tax Relief $1,977,623,338 $1,932,611,008 $3,910,234,346

Executive, Legislative and Judicial Branches $303,442,311 $303,727,792 $607,170,102

Transportation and Development $244,758,441 $277,725,941 $522,484,382

Environment and Natural Resources $117,215,231 $112,227,731 $229,442,962

What We Must Do for to Achieve a Fiscally Stable Ohio

• Reprioritize the budget for state services– i.e. Corrections and Medicaid

• Focus on job creation by focusing on:– Economic Development– Workforce Development and Training– 21st Century Curriculum– Leadership

• Budget solutions and job creation are changes we must prioritize

State Senator Chris WidenerOhio Senate District 10614-466-3780 – SD10@Senate.State.OH.US