Ohio Legislative Service Commission  
GRF & MEDICAID VARIANCE SUMMARY  
For the first quarter of FY 2017, GRF tax revenue as a whole was $71.9 million below estimate.  
The personal income tax and the sales and use tax were below estimate by $73.0 million and  
$
28.2 million, respectively. The negative variances in these two major taxes were partially offset by  
higher than expected receipts from some other taxes, including the kilowatt-hour excise  
$11.2 million), cigarette ($8.8 million), and foreign insurance ($5.7 million) taxes.  
(
Medicaid continued its lower than expected spending trend in the first quarter of FY 2017. GRF  
Medicaid expenditures were $288.7 million below estimate, which contributed to a negative  
variance of $212.1 million in federal grants deposited into the GRF. All-funds Medicaid expenditures  
were below estimate by $608.8 million, due partly to a delay in making certain payments to hospitals  
($162.2 million) and managed care organizations ($74 million).  
GRF Sources  
GRF sources mainly consist of state tax revenue (63%) and federal grants (35%) but also include some state  
nontax revenue and transfers in.  
Tax Revenue  
Federal Grants  
Total GRF Sources  
$
8.7 million  
-$109.2 million  
-10.4%  
-$89.6 million  
-3.2%  
September  
0.5%  
-
$71.9 million  
-1.3%  
-$212.1 million  
-6.3%  
-$235.0 million  
-2.7%  
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  
-
-
$123.0 million  
-$49.3 million  
-1.4%  
-$48.3 million  
-1.3%  
September  
-
8.1%  
$288.7 million  
-5.9%  
-$198.1 million  
-2.0%  
-$196.6 million  
-1.9%  
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  
-
$272.8 million  
-35.1%  
-$395.8 million  
-17.2%  
-$22.1 million  
-6.2%  
September  
-
$320.1 million  
-21.2%  
-$608.8 million  
-9.5%  
-$57.7 million  
-5.4%  
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.  
October 2016