Ohio Legislative Service Commission  
GRF & MEDICAID VARIANCE SUMMARY  
For the first two months of FY 2017, GRF tax revenue was $80.6 million below estimate. The  
personal income tax and the sales and use tax were below estimate by $61.2 million and  
$21.6 million, respectively.  
Underspending in the Medicaid program continued in the first two months of FY 2017. GRF  
Medicaid expenditures were $165.7 million under estimate. This underspending drove a negative  
variance in federal grants deposited into the GRF of $102.9 million.  
All-funds Medicaid expenditures were below estimate by $213.0 million, including a negative  
variance of $35.6 million in the ACA expansion category.  
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  
$80.9 million  
Federal Grants  
Total GRF Sources  
-
-$86.0 million  
-7.8%  
-$128.2 million  
-4.1%  
August  
-
4.0%  
-
$80.6 million  
-2.2%  
-$102.9 million  
-4.5%  
-$145.4 million  
-2.5%  
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  
-
-
$138.6 million  
-$91.7 million  
-3.0%  
-$91.4 million  
-2.9%  
August  
-
8.3%  
$165.7 million  
-4.9%  
-$148.8 million  
-2.3%  
-$148.4 million  
-2.2%  
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  
-
$24.1 million  
-$162.6 million  
-7.4%  
-$20.0 million  
-5.6%  
August  
-
4.5%  
-
$47.3 million  
-6.5%  
-$213.0 million  
-5.2%  
-$35.6 million  
-5.0%  
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.  
September 2016