Gov. John Kasich's budget proposal suggests that revenue from Ohio's four voter-approved casinos could be about half of what officials had predicted years ago.
The Cleveland Plain Dealer reports that state officials estimated four years ago that the casinos could take in as much as $1.9 billion a year after all were in operation.
But Kasich's budget proposal issued Tuesday projects that gross casino revenue will be $957.7 million for the fiscal year beginning July 1. It could rise to just over $1 billion in the following fiscal year.
As part of Ohio Governor John Kasich’s budget plan released Monday, the republican announced that he’ll push for expanding Ohio Medicaid services under the federal health care law.
The governor’s plan to expand the Medicaid program has some conservative leaning groups concerned. Opposition to the plan is largely centered on increased administrative costs for the state. And some say Medicaid funding is already unsustainable, so why expand the program? Seth Morgan is policy director of Americans for Prosperity – Ohio.
Gov. John Kasich will unveil his second budget today, and it’s expected to include changes in the state income tax and an increase in the severance tax on oil and natural gas drillers. Budget director Tim Keen wouldn’t give any hints in a recent interview, other than to say that the governor is focused on economic competitiveness and job growth.