Strickland Budget Creates Multi-Billion Dollar Deficit

Thursday, April 16, 2009

The Dayton Daily News reports:

State Auditor Mary Taylor spent weeks crunching state budget numbers and came up with a hypothetical and scary number: $7.97 billion in red ink by June 2013.

Taylor, a certified public accountant, warned that the two-year state budget in the works right now is built on about $5 billion in one-time federal stimulus money and cash management maneuvers. When that money dries up and the demand for services marches on, Ohio’s budget will be facing a giant hole, she said. 



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