Ohio’s budget increased cumulatively less than the maximum rate of population growth plus inflation in state funds but more than pop+inf in all funds from 2016-25, meaning taxes are lower in state funds but higher in all funds than the average taxpayer can afford.

  • The 2025 state funds budget is $6.1 billion lower than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the state funds budget grew slower than population growth plus inflation for the last ten years, the state spent $68.2 billion less than possible.
  • The 2025 all funds budget is $18.5 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the all funds budget grew faster than population growth plus inflation over the past decade, the state spent $81.0 billion too much.

State Funds Budget Data

  • Estimated FY 2026 Only State Funds Budget ($ Billions): $ 66.04
  • FY 2027 Only State Funds Budget Limit ($ Billions): $ 68.26
  • FY 2027 Only State Funds Budget Limit Growth (%): 3.36%
  • Cost per person of only state funds budgeting more than pop+inf over the last decade in 2025 budget: $ 15,309
  • Cost per family of 4 of only state funds budgeting more than pop+inf over the last decade in 2025 budget: $ (517)
  • Cumulative cost per person of only state funds budgeting more than pop+inf over the last decade from 2016-25: $ (5,729)
  • Cumulative cost per family of 4 of only state funds budgeting more than pop+inf over the last decade from 2016-25: $ (22,916)

All Funds Budget Data

  • Estimated FY 2026 All Funds Budget ($ Billions): $ 107.85
  • FY 2027 All Funds Budget Limit ($ Billions): $ 111.47
  • FY 2027 All Funds Budget Limit Growth (%): 3.4%
  • Cost per person of all funds budgeting more than pop+inf over the last decade in 2025 budget: $ 18,790
  • Cost per family of 4 of all funds budgeting more than pop+inf over the last decade in 2025 budget: $ 1,551
  • Cumulative cost per person of all funds budgeting more than pop+inf over the last decade from 2016-25: $ 6,809
  • Cumulative cost per family of 4 of all funds budgeting more than pop+inf over the last decade from 2016-25: $ 27,235

Other Economic and Fiscal Considerations