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A SERVICE OF OHIO'S PUBLIC BROADCASTING STATIONS
A SERVICE OF OHIO'S PUBLIC BROADCASTING STATIONS
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During this event, Governor John Kasich, Director of the Office of Budget and Management Tim Keen, and Jim Kennedy officially transferred year-end savings into the state's Budget Stabilization Fund - Ohio's rainy day fund. The deposit filled the fund to its highest amount in history and marks the first time in more than a decade that the fund has reached its target level. In early 2011, Ohio's rainy day fund held just 89 cents and with today's deposit, the fund holds nearly $1.5 billion.
July 11, 2013