COLUMBUS– State Senator Bill Coley (R–Liberty Township) today praised a new report showing Ohio is ranked seventh out of 50 states for its fiscal condition.
 
“By making some tough decisions over the past few years, we have been able to grow the state’s economy,” said Coley.  “I look forward to continuing those efforts on behalf of my constituents to make Ohio a better place to live, work, and raise a family.”
 
The study was conducted by George Mason University’s Mercatus Center and was based on data from fiscal year 2012. The researchers took several factors into consideration including each state’s long-term solvency.
 
In 2011, Ohio faced a projected $8 billion budget shortfall and the state’s rainy day fund had sunk to a balance of just 89 cents. In that same year, Senator Coley supported the budget proposal that balanced the shortfall without raising taxes. Today, the rainy day fund contains nearly $1.5 billion.
 
In recent years, Ohio has been recognized for achieving several other notable benchmarks, including having the state’s credit outlook upgraded by Moody’s Ratings. Ohio has also been ranked as having one of the most improved business climates in the nation. In one report, for example, Ohio improved 13 points in just one year.

 
 
 
  
Featured Posts

MEDIA ADVISORY: Coley To Announce Bill Restoring Control To Restaurant Owners, Allowing Dogs On Patios

 

COLUMBUS - State Senator Bill Coley (R-Liberty Township) will join business leaders TOMORROW to announce legislation aimed at restoring the decision-making authority of restaurant owners in determining whether to allow dogs in their outdoor spaces. 



 
 

Coley Announces Passage Of Senate Budget That Closes Fiscal Shortfall And Protects Essential Services

 

"Working together, we have cut almost $1.1 billion from the original version of the budget and have brought the budget in balance without putting Ohio's economy at risk by raising taxes," said Senator Coley, who serves a member of the Senate Finance Committee, which is responsible for balancing Ohio's two-year operating budget. 



 
 

Senate Approves Awareness Legislation Aimed At Curing Pediatric Brain Tumors In Honor Of Kyler Bradley

 

"Today is another milestone in our efforts to honor Kyler and all those who suffer, both directly and indirectly, from the devastation that DIPG causes families," said Coley. 

DIPG is an aggressive, malignant brain tumor found at the base of the brain stem, affecting approximately 200 to 400 children in the U.S each year. It is the second most common malignant brain tumor and is the leading cause of childhood death due to brain tumors. The average prognosis of those diagnosed is 9 months. Symptoms include double vision, inability to close the eyelids completely, drooping of one side of the face as well as difficulty chewing and swallowing.



 
 

Senate Panel Approves Local Mother's Awareness Effort Aimed At Curing Pediatric Brain Tumors

 

"Today is another milestone in our efforts to honor Kyler and all those we've lost too soon to DIPG," said Coley. "This simple measure offers hope for families that one day we can overcome this disease and the heartbreak it causes."