Ohio Legislative Service Commission  
GRF & MEDICAID VARIANCE SUMMARY  
Through February, total GRF tax receipts were $22.7 million below estimate. However, due to  
positive variances in nontax sources, state sources were right on target.  
The sales & use tax remained above estimate ($42.4 million) despite lower than anticipated revenues  
in February ($35.9 million below estimate) and the personal income tax continued its poor  
performance, increasing its negative YTD variance to $130.0 million.  
GRF Medicaid expenditures were $487.7 million below estimate while all-funds (including both  
GRF and non-GRF) Medicaid expenditures were $1.13 billion below estimate.  
GRF Sources  
GRF sources mainly consist of state tax revenue (64%) and federal grants (35%) but also include some state  
nontax revenue and transfers in.  
Tax Revenue  
$2.2 million  
Federal Grants  
Total GRF Sources  
-
-$90.9 million  
-8.5%  
-$92.4 million  
-3.7%  
February  
-
0.2%  
-
$22.7 million  
-0.2%  
-$314.3 million  
-3.7%  
-$314.3 million  
-1.3%  
Year to Date  
GRF Uses  
GRF uses mainly consist of various program expenditures (98%) but also include transfers out.  
GRF Medicaid  
Program Expenditures  
Total GRF Uses  
-
$99.3 million  
-$116.1 million  
-4.0%  
-$103.1 million  
-3.5%  
February  
-
5.9%  
-
$487.7 million  
-3.8%  
-$658.8 million  
-2.7%  
-$632.6 million  
-2.5%  
Year to Date  
All-Funds Medicaid  
Both GRF and non-GRF Medicaid expenditures contain federal and state moneys.  
Non-GRF  
All-Funds Total  
ACA Expansion  
-
$291.6 million  
-$390.9 million  
-16.0%  
$13.8 million  
4.5%  
February  
-
38.1%  
-
$637.5 million  
-13.6%  
-$1,125.2 million  
-6.5%  
$208.5 million  
9.0%  
Year to Date  
Key: An up arrow indicates a positive variance (i.e., the amount by which actual is above estimate) while  
a down arrow indicates a negative variance.  
The full edition of LSC monthly Budget Footnotes may be accessed at:  
http://www.lsc.ohio.gov/fiscal/bfn/default.htm.  
March 2016