CINCINNATI (TDB) -- A new study shows that states are spending just a tiny fraction of $246 billion in tobacco settlement funds on public health programs to prevent smoking in the United States. The report by the Campaign for Tobacco Free Kids says most states "still fail to fund the prevention programs at minimum levels recommended by the U.S. Centers for Disease Control and Prevention (CDC), and altogether, the states are providing less that half what the CDC recommended."
The report says Ohio ranks 14th among the 50 states in spending settlement funds on prevention and cessation programs. But the $44.7 million budgeted is just 72% of what the CDC recommends. The report says nearly one-fourth of Ohioans are smokers, and they rack up $4.37 billion a year in medical expenses.
Showing posts with label State Spending. Show all posts
Showing posts with label State Spending. Show all posts
Wednesday, December 12, 2007
Tuesday, March 13, 2007
Ohio's March Financial Report: Tax Collections Beating YTD Forecast
COLUMBUS (TDB) -- The monthly financial report prepared by Ohio's budget office shows state tax revenues are running slightly ahead of estimates. Year-to-date spending is $717.2 million below projections. The data covers seven months of the fiscal year and was released earlier today, though dated March 10.
The highlights on taxes:
"At the end of February, tax revenues were $80.5 million (0.7%) above the year-to-date estimate. This variance was primarily driven by higher than expected corporate franchise tax receipts over the fiscal year. Versus FY 2006, and as expected due to the phase in of tax reform, FY 2007 GRF tax receipts have declined by $182.5 million (1.5%).
On spending:
"Most categories are spending less than expected after eight months of the fiscal year. However, health care spending was $459.8 million (6.7%) below estimate at the end of February and continues to drive under spending in total uses, which reached $717.2 million."
The report is for the governor and is 22 pages long. The first six pages are a national and regional rundown on the overall economy. After that, it is an in-depth look at the state's financial status.
The highlights on taxes:
"At the end of February, tax revenues were $80.5 million (0.7%) above the year-to-date estimate. This variance was primarily driven by higher than expected corporate franchise tax receipts over the fiscal year. Versus FY 2006, and as expected due to the phase in of tax reform, FY 2007 GRF tax receipts have declined by $182.5 million (1.5%).
On spending:
"Most categories are spending less than expected after eight months of the fiscal year. However, health care spending was $459.8 million (6.7%) below estimate at the end of February and continues to drive under spending in total uses, which reached $717.2 million."
The report is for the governor and is 22 pages long. The first six pages are a national and regional rundown on the overall economy. After that, it is an in-depth look at the state's financial status.
Subscribe to:
Posts (Atom)