State lawmakers are getting two different forecasts on how much tax revenue will come in over the next two year budget cycle from their experts and from the state budget director, who presented Gov. Mike DeWine鈥檚 proposed spending plan to them today.
nearly a billion dollars more in tax revenue over the two year budget period than the governor鈥檚 budget office does, along with $90 million less in Medicaid spending.
Budget director Kim Murnieks she鈥檚 being conservative , but that she expects the numbers to be closer when both LSC and her office will redo their projections in June.
鈥淚n the meantime, I think I want to do everything that I can and the OBM team can do to avoid coming back to you 60 days from now and asking you to cut the governor鈥檚 executive budget by a billion dollars," Murnieks said.
Both revenue forecasts depend on projections of what鈥檚 happening in this fiscal year, which runs till the end of June.
A similar situation , when LSC's projections were roiser than OBM's.
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