HEADLINES : Ohio
More tax income, less spending aids Ohio budget
COLUMBUS, Ohio - While a national report shows states are struggling to find cash amid economic uncertainty, an Ohio agency reports that the state is taking in more tax money than expected while spending less than the recently-enacted budget projects.
A November report from the Ohio Office of Management and Budget showed that for the first third of this fiscal year, beginning July 1, the state saw an extra $96 million in tax revenue going to the fund that pays for most state operations, the Dayton Daily News reported.
The increase is primarily due to stronger than expected sales tax receipts, according to the budget office.
The state has also spent less during the same period - about $268 million below estimates laid out in the two-year budget adopted in June.
Part of the dip in spending could be attributed to changes in the way Medicaid is paid for. According to the office, those payments may be delayed and could catch up later.

