Yesterday, Governor Kasich revealed his "mid-biennium budget review" (MBR) that contains sweeping reform plans in the following public policy areas:
- Management Efficiency Plan: The Kasich Income Tax Cut, Bank Tax Reform, and New Cost-Saving Tools for Local Governments and Schools
- Ohio’s 21st Century Energy Policy
- Ohio’s 21st Century Education & Workforce Plan
- The Capital Budget
The administration purports these reforms will improve the management of Ohio’s government agencies and health systems; improve Ohioan’s access to low-cost, reliable energy; reduce individual tax burdens; make responsible investments to maintain and improve Ohio's educational and public service infrastructure; and improve Ohio’s education and workforce development efforts. More details can be found on the Governor's website. Click on the appropriate policy topic headings, which lead to a fact sheet on each of the aforementioned policy areas.
These proposals will be introduced in multiple legislative bills this spring and will need House and Senate approval before implementation. Office of Management and Budget (OMB) Director Tim Keen will present more details on the plan today to the Ohio House Finance & Appropriations Committee.
