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Sales tax receipts and personal income tax collections came in well over estimates, though some of those extra funds are already earmarked for big projects. ....
Ohio ends year with good sales tax and income tax numbers which means a lot of extra money wyso.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wyso.org Daily Mail and Mail on Sunday newspapers.
The June report from Ohio's Office of Budget and Management shows the state’s total revenues for the fiscal year were up 12% over estimates, or $4.3 billion. But more than half of the extra money in the state’s coffers is already spoken for. ....
CARES Act spending deadline extended, but rural Ohio frustrated by short notice The Daily Jeffersonian After months of uncertainty and pleas for flexibility in southeast Ohio communities, Congress extended the deadline for local governments to spend their Coronavirus Aid, Relief, and Economic Security (CARES) Act funds from Dec. 30, 2020, through the end of 2021. President Donald Trump signed that measure into law in the days between Christmas and New Year s. But local officials in rural Ohio did not breathe many sighs of relief, as they pondered what-ifs and discussed their frustration with the last-minute notice of the extension from the federal government. ....
President Donald Trump signed that measure into law in the days between Christmas and New Year s. But local officials in rural Ohio did not breathe many sighs of relief, as they pondered what-ifs and discussed their frustration with the last-minute notice of the extension from the federal government. Everybody was pressed to spend that money before the end of the year, Morgan County Commission President Adam Shriver said. Had they extended it earlier it would’ve been an opportunity to truly spend that money in ways that would be most beneficial. Shriver explained that if county officials had been able to hit the pause button, rather than scramble to encumber all of their funds in late November, there would have been more consideration toward how CARES money could be used for COVID-19 inoculations. ....