Ohio Legislative Service Commission
GRF & MEDICAID VARIANCE SUMMARY
GRF tax revenue underperformed again in May. Year-to-date GRF tax revenue was $840.8 million below
OBM’s August 2016 estimate, almost $249 million below OBM’s January 2017 downward revision for the full
fiscal year, and also $22.4 million below FY 2016 year-to-date actual receipts.
Year-to-date personal income and sales and use taxes were $643.1 million and $216.7 million,
respectively, below OBM’s August 2016 estimates.
Medicaid expenditures and related federal reimbursements continue to remain well below OBM’s
August 2016 estimates. Year-to-date GRF Medicaid expenditures were $1.02 billion below estimate and
federal grants into the GRF were $921.4 million below estimate.
Including Medicaid, GRF program expenditures were $1.30 billion below OBM’s August 2016 estimate and
almost $478 million below OBM’s January 2017 downward revision for the full fiscal year.
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.
ACA - Managed Care
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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