Tax revenue shortfall could lead Ohio into another budget mess

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DATE : Mon, 8 Feb 2010 10:58:39 -0500
Entered in Database : 2010-02-08 15:58:39
length : 109100
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A shortfall in state income tax revenues is sparking a disturbing question - could Ohio be headed into yet another state budget mess? Ohio legislators as well as Governor Strickland thought all the holes in the budget were filled, but a new one has emerged. Revenues from the graduated income tax came in $139 million below estimates in January, creating a nearly $100 million shortfall in the state budget. John Kohlstrand from the tax department says there's no need to panic. WKSU's Bill Cohen reports.

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