Ohio Legislative Service Commission
GRF & MEDICAID VARIANCE SUMMARY
Year-to-date GRF tax revenue was below OBM’s August 2016 estimate by $614.6 million, of which $202.9 million
occurred in March. Tax revenue was also $132.6 million below FY 2016 year-to-date actual receipts.
The personal income and sales and use taxes were $447.7 million and $160.9 million, respectively,
below their year-to-date estimates.
Medicaid expenditures and related federal reimbursements continue to remain well below OBM’s August 2016
estimates. Year-to-date GRF Medicaid expenditures were $871.5 million below estimate and federal grants into
the GRF were $686.9 million below estimate.
The shortfalls in year-to-date GRF tax revenue and program expenditures have both exceeded OBM’s
January 2017 downward revision targets for the full fiscal year, which were $592 million and $825 million,
GRF sources mainly consist of state tax revenue (63%) 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.
The full edition of LSC monthly Budget Footnotes may be accessed at: