It comes as no surprise that our state will have to make serious budget cuts due to the current pandemic. In today’s press conference, Governor DeWine announced a $775 million reduction in the state’s budget in the next two months. At the end of April, Ohio’s fiscal YTD revenue was almost $768 below budget. Listed below are the reductions:

  • $210 million in Medicaid funding
  • $300 million in K-12 Foundation Payment
  • $110 million in higher education
  • $55 million in other educational expenses and line items
  • $100 million shared by other agencies

The governor is not holding a press conference tomorrow. I will have additional information to pass along regarding the budgetary items and additional programs aimed at safe workplace procedures.

Until then,