Ohio Legislative Service Commission
GRF & MEDICAID VARIANCE SUMMARY
GRF sources ended FY 2016 under estimate by $788.6 million. However, GRF uses were also under
estimate by $1.13 billion.
Both of these negative variances were largely driven by the Medicaid program. GRF Medicaid
expenditures were under estimate by $925.9 million, which resulted in federal grant revenue into
the GRF being below estimate by $586.8 million.
Total FY 2016 GRF tax receipts were $216.0 million below estimate, driven by a negative variance
in personal income taxes of $217.7 million.
Agencies encumbered a total of $428.6 million at the end of FY 2016 for expenditure in FY 2017.
The unobligated GRF cash balance at the end of FY 2016 was $764.7 million.
GRF sources mainly consist of state tax revenue (64%) and federal grants (35%) but also include some state
nontax revenue and transfers in.
Total GRF Sources
GRF uses mainly consist of various program expenditures (98%) but also include transfers out.
Total GRF Uses
Both GRF and non-GRF Medicaid expenditures contain federal and state moneys.
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.
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