New Day, New Burden on Ohio’s Middle Class


Warning: Illegal string offset 'status_txt' in /home/plunderbund/webapps/bw/wp-content/plugins/share-and-follow/share-and-follow.php on line 1243

Warning: Illegal string offset 'status_txt' in /home/plunderbund/webapps/bw/wp-content/plugins/share-and-follow/share-and-follow.php on line 1243

Warning: Illegal string offset 'status_txt' in /home/plunderbund/webapps/bw/wp-content/plugins/share-and-follow/share-and-follow.php on line 1243

Warning: Illegal string offset 'status_txt' in /home/plunderbund/webapps/bw/wp-content/plugins/share-and-follow/share-and-follow.php on line 1243

Warning: Illegal string offset 'status_txt' in /home/plunderbund/webapps/bw/wp-content/plugins/share-and-follow/share-and-follow.php on line 1243

Governor Kasich signed his “New Day, New Way” budget last night. And this morning, we wake up to headlines like this:

KSU hikes fall tuition 3.5 percent: State budget, approved Thursday, impacted final amount of increase
Record-Pub, July 1, 2011

Kent State University announced a 3.5 percent tuition increase for undergraduate and graduate students Thursday.
The school announced the tuition hike, effective fall 2011, on the same day Gov. John Kasich signed a new $56 billion state budget into law. KSU officials expect that  the school’s eight campus system will receive a $16 million cut in support for 2011-2012 under the budget.


State Budget Passes, Lakewood Prepares to Cut 30 Jobs
LakewoodPatch, July 1, 2011

On Wednesday, city officials learned the Gov. John Kasich’s $56 billion budget passed the Ohio House of Representatives, and on Thursday, Kasich singed the two-year budget into law.

What does that mean for Lakewood?

For starters, it means reductions of about $1.6 million in funds allocated to the city government, about $200,000 in commercial activity tax, about $2 million in estate tax — and as many as 30 positions cut from the city staff.

Mayor Michael Summers said the city is in for a rough financial stretch.

 

Expect to read a million headlines like this as local governments cut services and increase taxes, higher education becomes more expensive and schools eliminate teachers and programs to make ends meet. This will be the legacy of this budget.

We plan to keep up the budget watching and shed light on the real impacts of this budget. We hope you’ll join us.

Print Friendly

1 Comment

Trackbacks

  1. The Future of Budget Watch | Ohio Budget Watch

Leave a Response