Tax revenues lagged slightly in December but are still a hair above expectations for the year so far, the Office of Budget and Management reported in its preliminary release of monthly budget numbers Friday. Non-auto sales taxes were the biggest driver of December's underperformance, coming in 1 percent or about $8 million below estimates, yielding $809.7 million versus an expected $817.8 million. Auto sales taxes trailed by a lesser amount, generating a quarter million dollars less than expected, a 0.2 percent drop from projections.
Read ReviewThe capital-area economy will continue to grow faster than the nation in 2018 at a pace of 1.8 percent, resulting in more than 19,000 new jobs and total employment of over 1.1 million in central Ohio, Regionomics economist Bill Lafayette announced Wednesday. The Columbus region will remain the outlier in the state as a whole, which he said should continue more sluggish performance from 2017.
Read ReviewOhio high school students can now earn recognition by showing they are prepared to contribute to the workplace and their communities. The OhioMeansJobs-Readiness Seal is a formal designation students can earn on their high school diplomas and transcripts indicating they have the personal strengths, strong work ethic and professional experience that businesses need.
Read ReviewThe State Board of Education's Accountability and Continuous Improvement Committee discussed Monday possible changes to two sections of Ohio's report cards for local schools, one of which could show up on report cards for the current year, the other up for long-term discussions and contingent on federal approval of Ohio's plan for implementing the Every Student Succeeds Act (ESSA).
Read ReviewRevenues for November met estimates, however slightly, coming in $8.7 million or 0.5 percent over estimates for the month, according to preliminary figures released Wednesday by the Office of Budget and Management (OBM). For the year-to-date, Ohio is nearly $29.5 million or 0.3 percent over estimates.
Read ReviewThe State Board of Education's Accountability and Continuous Improvement Committee discussed Monday possible changes to two sections of Ohio's report cards for local schools, one of which could show up on report cards for the current year, the other up for long-term discussions and contingent on federal approval of Ohio's plan for implementing the Every Student Succeeds Act (ESSA).
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