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Ohio Library Council Looking Ahead to 2007 The Next Biennium Budget Dec. 7, 2006

Ohio Library Council Looking Ahead to 2007 The Next Biennium Budget Dec. 7, 2006. STATE FINANCES. Ohio GRF Budget: Revenues. STATE FINANCES. Ohio GRF Budget: Spending. STATE FINANCES. Annual Growth of GRF Budget FY 1998 to FY 2007. STATE FINANCES.

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Ohio Library Council Looking Ahead to 2007 The Next Biennium Budget Dec. 7, 2006

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  1. Ohio Library Council Looking Ahead to 2007 The Next Biennium Budget Dec. 7, 2006

  2. STATE FINANCES Ohio GRF Budget: Revenues

  3. STATE FINANCES Ohio GRF Budget: Spending

  4. STATE FINANCES Annual Growth of GRF Budget FY 1998 to FY 2007

  5. STATE FINANCES Growth of Ohio Personal Income1996 - 2005

  6. STATE FINANCES Per Capita State and Local TaxesFY 2004

  7. Library and Local Government Fund Actual Entitlements Calendar Years 1986-1996

  8. Library and Local Government Fund Actual Entitlements Calendar Years 1997-2005

  9. ’08–’09 BIENNIUM BUDGET Local Government and Library Revenue Distribution Task Force Report: • New formula highlights • 3% increase in the first year of the new formula • 2.27% (or some adjusted percentage) of total GRF tax receipts

  10. ’08–’09 BIENNIUM BUDGET Other Report Issues: • Peel-off nature of distribution protects the funds from current state TEL • CAT dollars used to hold harmless the TPP not included as revenue • Impact of other earmarks • Hold harmless language for counties and townships

  11. ’08–’09 BIENNIUM BUDGET Committee Members: • Co-Chairman Cates • Co-Chairman Wolpert • Sen. Grendell • Sen. Schuring • Sen. Fedor • Sen. Zurz • Rep. Daniels • Rep. Uecker • Rep. Sayer • Rep. Chandler

  12. ’08–’09 BUDGET PROCESS • Bill introduced late Jan., early Feb. • House hearings through March, early April • Senate hearings through May • Conference Committee in June

  13. ’08–’09 BUDGET PROCESS What libraries should do now: • Send thank you letters to committee members • Invite new legislators to your library • Work with your Legislative Network

  14. Questions?

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