Category archive for ‘Capital Budget’ rss

  • Kasich capital bill not as small as advertised, but local governments still lose

    The capital bill, up for a vote in the House tomorrow, lacks funding for community projects, not because the money isn’t there, but because the Governor decided he didn’t want to fund them. Kasich’s budget director claims their capital bill is smaller than any in a decade, an assertion not backed up by facts. In 2009, Governor Strickland passed a capital bill that was smaller than Kasich’s, but that funded community projects.

    3/21/12 • (1)

  • News: Floor Vote on Capital bill expected Thursday

    The state capital budget is on the fast-track to passage, at least in the House. Speaker Batchelder indicates a floor vote is possible next Thursday in a newly-scheduled 1 p.m. session. Meanwhile, hearings on the MBR, scheduled for today, have been cancelled and will be rescheduled next week.

    Meanwhile, the MBR, which Governor Kasich unveiled at a press conference yesterday, still remains to be introduced, and a hearing with testimony from OBM Director Keen set for this morning has been cancelled. Hearings are expected to begin in the House Finance committee next week.

    3/15/12 • (0)

  • First Look: What’s in the Capital Budget

    Today, the state capital budget for fiscal years 2013 and 2014 was introduced, and contains just over $1.7 billion in spending and $1.3 billion in new borrowing by the state. We break down some of the items of interest, including some limited funding for museums and historic sites, despite a stated ban on community projects.

    3/14/12 • (2)

  • Capital Reappropriations Bill Introduced

    The Capital Reappropriations bill was introduced in the State Senate today, and will receive its first hearing tomorrow. We expect the bill to be non-controversial and to pass quickly. The full text of the bill is available online.

    3/13/12 • (1)

  • Budget Preview: FIVE budget bills to be introduced?

    Budget watchers better invest in cloning technology, because the Kasich administration is set to introduce not one, not two but five new budget bills, all to be heard simultaneously, next week.

    3/10/12 • (0)