1. Ohio Library Council Looking Ahead to 2007 The Next Biennium Budget Dec. 7, 2006

2. STATE FINANCES Ohio GRF Budget: Revenues

3. STATE FINANCES Ohio GRF Budget: Spending

4. STATE FINANCES Annual Growth of GRF Budget FY 1998 to FY 2007

5. STATE FINANCES Growth of Ohio Personal Income 1996 - 2005

6. STATE FINANCES Per Capita State and Local Taxes FY 2004

8. Library and Local Government Fund Actual Entitlements Calendar Years 1986-1996 Calendar Year Guarantee Share Equalization Share Total Distributions Yr-to-Yr Change Yr-to-Yr Percentage Change 1986$167.5$10.7$178.2-- 1987181.126.3207.4$29.216.4% 1988215.33.0218.310.95.3 1989226.824.6251.433.115.2 1990262.70.0262.711.34.5 1991268.80.0268.86.12.3 1992268.80.0268.80.0 1993276.97.8284.715.95.9 1994293.83.2297.012.34.3 1995303.815.0318.821.87.3 1996329.013.6342.623.87.5

9. Library and Local Government Fund Actual Entitlements Calendar Years 1997-2005 Calendar Year Guarantee Share Equalization Share Total Distributions Yr-to-Yr Change Yr-to-Yr Percentage Change 1997$352.5$23.5$376.0$33.49.7% 1998384.340.4424.748.713.0 1999431.923.9455.831.17.3 2000465.425.7491.135.37.7 2001-- 496.55.41.1 2002-- 457.7(38.8)-7.8 2003-- 452.6(5.1)1.1 2004-- 455.52.90.6 2005-- 458.02.50.5 Change 1986-2005 -- 279.8$157.0% “Embedded equalization share in CY 2000 (cumulative equalization shares)* $217.7 “Embedded equalization share as 5 of total CY 2000 distribution* 44.3% *$217.7 million, or 44.3%, of the CY 2000 entitlement was based on the accumulated impact of equalization formula.

10. ’08–’09 BIENNIUM BUDGET Local Government and Library Revenue Distribution Task Force Report:  New formula highlights  3% increase in the first year of the new formula  2.27% (or some adjusted percentage) of total GRF tax receipts

11. ’08–’09 BIENNIUM BUDGET Other Report Issues:  Peel-off nature of distribution protects the funds from current state TEL  CAT dollars used to hold harmless the TPP not included as revenue  Impact of other earmarks  Hold harmless language for counties and townships

12. ’08–’09 BIENNIUM BUDGET Committee Members:  Co-Chairman Cates  Co-Chairman Wolpert  Sen. Grendell  Sen. Schuring  Sen. Fedor  Sen. Zurz  Rep. Daniels  Rep. Uecker  Rep. Sayer  Rep. Chandler

13. ’08–’09 BUDGET PROCESS  Bill introduced late Jan., early Feb.  House hearings through March, early April  Senate hearings through May  Conference Committee in June

14. ’08–’09 BUDGET PROCESS What libraries should do now:  Send thank you letters to committee members  Invite new legislators to your library  Work with your Legislative Network

15. Questions?