Ohio's budget director Tim Keen told a budget compromise committee Wednesday that tax revenues were up $1 billion over estimates for the fiscal year that ends this month and $421 million for the next two-year budget cycle. The current-year boost comes from stronger income tax filings, as the state looks to recover from the worst recession since the Great Depression.
State parks and other lands in Ohio will be opened to oil and gas drilling under a bill that has passed the state Senate on Wednesday.
The Senate voted 22-10 on the legislation that sets up a commission to oversee oil and gas leasing. It also requires state agencies to create property inventories that could yield potential drilling sites.
The House has passed the bill, but would have to agree to the Senate's changes before it could go to the governor's desk.
An Ohio State trustee says the university's governing board should be ready to address the school's ongoing football scandal next week.
Members of the 17-person board of trustees, which oversees most Ohio State actions, has consistently refused to comment on the NCAA investigation that led to coach Jim Tressel's forced resignation on May 30.
Ohio Treasurer Josh Mandel is requesting an investigation into whether banks overcharged four of Ohio's five pension funds and the state's injured worker insurance fund for foreign currency services.
In a letter Tuesday to Ohio Attorney General Mike DeWine, Mandel says banks may have manipulated exchange rates on foreign investments over the past dozen years, costing Ohio pensioners and businesses tens of millions of dollars.
Ohio's governor-elect has put more school calamity days on his agenda, after some lobbying that started at home.
Republican John Kasich says his 10-year-old daughter Reese brought up the issue, and he also has heard complaints from other children and parents about the cutback to three calamity days last year. Democratic Governor Ted Strickland reduced the "snow days" from five as a way to ensure more classroom time for Ohio's students.