Ohio Legislative Service Commission  
GRF & MEDICAID VARIANCE SUMMARY  
GRF tax revenues exceeded OBM’s estimates for the first two months of FY 2018 by $23.6 million. This  
good performance was mainly due to a positive variance in personal income tax collections of  
$
variance with a negative variance of $8.6 million for the year to date.  
34.7 million. The largest source of GRF tax revenue, the sales and use tax, partially offset this positive  
Program expenditures were also above the estimate for FY 2018 year to date with a positive variance  
of $157.3 million that was caused by a timing-related positive variance of $169.7 million in property tax  
reimbursement payments that should be offset by the end of 2017.  
Although Medicaid GRF expenditures were only under estimate by $3.9 million year to date, all-funds  
Medicaid expenditures were under estimate by $98.8 million, continuing the recent trend of spending  
less in Medicaid than projected.  
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  
25.8 million  
Federal Grants  
Total GRF Sources  
$
$0.2 million  
0.0%  
$28.8 million  
1.1%  
August  
FY 2018  
1.3%  
$
23.6 million  
$0.2 million  
0.0%  
$41.7 million  
0.7%  
0.7%  
GRF Uses  
GRF uses mainly consist of various program expenditures (98%) but also include transfers out.  
GRF Medicaid  
Program Expenditures  
Total GRF Uses  
-
-
$3.9 million  
$157.3 million  
6.8%  
$169.8 million  
7.2%  
August  
FY 2018  
-
0.4%  
$3.9 million  
-0.1%  
$157.3 million  
$169.8 million  
2.8%  
2.7%  
All-Funds Medicaid  
Both GRF and non-GRF Medicaid expenditures contain federal and state moneys.  
Non-GRF  
All-Funds Total  
ACA Managed Care  
-
-
$94.9 million  
-$98.8 million  
-4.0%  
$1.3 million  
0.4%  
August  
FY 2018  
-
6.3%  
$94.9 million  
-5.4%  
-$98.8 million  
-2.1%  
$1.3 million  
0.2%  
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’s monthly Budget Footnotes may be accessed on LSC’s website: www.lsc.ohio.gov  
September 2017