That's how the Cincinnati Enquirer opens its report on the massive last minute tax plan the Ohio GOP are planning to dump on the state, after months of internal disagreements.
Of particular concern to those who support public education, the budget conference committee decided not to restore the historic school funding cuts they made in the previous budget, but instead build upon it. Here was their starting point
And the bad news for districts is that FY12 won't represent the entire state divestment from education during Kasich's first budget. That's because the governor's budget phased down the Tangible Personal Property and Killowatt Hour tax reimbursement payments over two years. So the cut will be likely continued in FY13, pushing the total revenue figure down even lower.
As it stands, that $7.52 billion is the lowest amount provided by the state since the 2007-2008 school year.
Where they have ended up is even worse. In order to pay for their income tax cut, they have decided to eliminate the 12.5% property tax rollback.
The elimination of the property tax rollback will make future school levies harder to pass and more expensive, further shifting the burden from the state to local communities already struggling to support the needs of their students.
The Governor and his legislative allies continue to shift the burden from millionaires to working people and their communities. We're going backwards at a time when the state can afford to move forward.