Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Ending Budget Year Balance Included $54 Million Taken From 15 "Rotary" Funds

Karen Kasler
OBM Director Tim Keen (far left) talked about the budget alongside House Speaker Cliff Rosenberger (R-Clarksville), Gov. John Kasich and Senate President Larry Obhof (R-Medina) in April.

Ohio tax collections for the fiscal year that ended last month were more than $850 million off estimates. But the state ended the year with a balance of nearly $171 million. And almost a third of that was transferred from 15 pools of money held within various state agencies.

Budget director Tim Keen transferred $54.1 million from funds set up for oil and gas wells, job development initiatives and lung cancer research, among others. And the current budget allows the authority for the next two yearsto take up to 2% from eight different funds, including those set up for the state EPA, the Consumers’ Counsel, the Industrial Commission and the Bureau of Workers’ Compensation. Keen says this isn’t an unusual method of supporting the state’s finances. "Look, our general fund is $36 billion. So it is a very small fraction of our budget.”

Previous governors have made similar raids on so-called “rotary funds”, including $120 million transferred by former Gov. Ted Strickland to close a nearly $2 billion budget gap in 2009.

Contact Karen at 614-578-6375 or at
Related Content