Just one month ago the Ohio House, Senate and governor finished a marathon budget battle . Now the state is getting its first look at how the economy is shaping up for the next two years.
For the first month of the new fiscal year, a preliminary report shows in July, the state collected $29 million more in personal income tax revenue than expected - 5% above estimates.
Last year, personal income tax revenue , ending $849 million short of projections. The fiscal year did end without budget cuts because of under-spending in other areas.
The revenues from sales taxes are still sluggish, lagging behind estimates by 3%. However, , brought in $9 million more than expected.
