No school district would lose money under Ohio Senate's budget

Every school district in Ohio should receive at least as much money from the state for the next two years as they do now, Ohio Senate officials said today as they released their proposed state budget for the next two years.

Sen. Chris Widener, a Springfield Republican, said the new budget will "hold harmless" every district for the next two years, with none seeing a cut in money from the state compared to this school year's amount.

Along with many districts seeing increases, Widener said, at minimum "All schools essentially receive what they are receiving this year."

That's even including reductions in the complicated and much-debated reimbursements for the now-defunct tangible personal property tax, Widener and Senate President Keith Faber said.

That reimbursement is a hot-button issue for many districts, including Solon, who have urged the state to continue the reimbursements permanently. The state ended that tax that many districts relied on in 2005 to reduce the tax burden on some businesses.

The Senate budget proposal is the latest step in the two-year budgeting process that has already had proposals from the House and from Gov. John Kasich. If the Senate version passes, leaders of the House and Senate will meet in conference committee later this month to find a compromise.

The budget that both houses of the legislature agree on will then go to Kasich for approval.

(Read more at Cleveland.com)