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It’ll take about $1 billion for the state to pay back the $600 million in bonds to help fund the Cleveland Browns' new stadium and development, but Republican House leaders say it will be money well spent.
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The House version of Gov. Mike DeWine's budget doesn't include implementation of the two final years of the bipartisan plan designed to make public K-12 funding in Ohio more fair.
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Ohio House Finance committee members will continue to vet the amendments in hearings this week, with a full floor vote tentatively scheduled next Wednesday.
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The $11 billion transportation budget is awaiting Gov. Mike DeWine’s signature, after passing both the House and Senate unanimously.
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The three Democrats' letter to Republican leaders comes as an amendment has been drafted to add a $600 million bond package for the Cleveland Browns stadium project into the budget.
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Columbus City Schools' Superintendent Angela Chapman says under the proposed state budget, the district is set to lose $45 million over the next two school years.
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CCS Superintendent Angela Chapman said Gov. Mike DeWine's new funding formula takes into account higher property tax values, but not the increased cost of education.
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Mike DeWine will release his two-year state budget Monday - the final spending plan of his two terms as Ohio's governor.
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There are some big departures from Gov. Mike DeWine's initial budget, and it passed the committee nearly unanimously.
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As expected, House Republicans added an income tax cut and expanded Ohio's EdChoice taxpayer-paid school voucher program.