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,  
respectively.  
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  
$202.9 million  
Federal Grants  
Total GRF Sources  
-
-$114.4 million  
-9.8%  
-$318.6 million  
-11.3%  
March  
-
12.4%  
-
$614.6 million  
3.7%  
-$686.9 million  
-7.1%  
-$1,229.8 million  
-4.7%  
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  
-
$77.3 million  
-$0.9 million  
-0.0%  
$12.2 million  
0.4%  
March  
-
4.7%  
-
$871.5 million  
6.1%  
-$898.8 million  
-$912.1 million  
-3.3%  
Year-to-Date  
-
3.3%  
-
All-Funds Medicaid  
Both GRF and non-GRF Medicaid expenditures contain federal and state moneys.  
Non-GRF  
All-Funds Total  
ACA-Managed Care  
-
$364.5 million  
-$441.8 million  
-16.8%  
-$40.3 million  
-10.1%  
March  
-
37.0%  
-
$356.4 million  
5.9%  
-$1,227.8 million  
-6.0%  
-$264.1 million  
-7.9%  
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.  
April 2017