figures

2012 Budget Quick Breakdown

in

This document contains preliminary information regarding Governor's Budget Proposal for Fiscal Year (F Y) 2012 and 2013. General Revenue Fund (Foundation) dollars. Information on policy proposals below is all that is available at this time. There is no legislative language yet available .

Category*

Current

FY 2011

Proposed

FY 2012

% from
FY 2011

Proposed

FY 2013

% from

FY 2011

K-12 Education

$11.5 billion

$10.2 billion

(11.5%)

$9.7 billion

(15.9%)

Higher Education

$2.57 billion

$2.3 billion

(10.5%)

$2.4 billion

(7.2%)

Private School Vouchers

(Education Improvement Grants)

$305,000

$3 million

884%

$3 million

884%

Charter Schools

Exact dollars not available for two weeks

Federal stimulus funds

$457 million

0

(100%)

0

N/A

Property tax replacement

$1.15 billion

$722 million

(37%)

$475 million

(59%)

*Data based on Kasich administration budget figures and OEA analysis as of March 15, 2011, subject to revision.