Ohio Budget News

business (3)According to the Columbus Business First, Ohio Governor Kasich budget was signed yesterday June 30, 2013.  What does it mean for you, and your school district? Does it, as a small business owner affect in your day to day operations? We are including two articles for you to read about the Governors budget, and what it entails for you as a private citizen and business owner.

Smaller acquisitions are the next big thing

Private equity firms target deals at lower end of middle market as big transactions prove pricey.

If this keeps up, more small to midsize companies will net bigger paydays if and when they sell.

The number of acquisitions at the lower end of the middle market is up, and observers expect the deal volume to keep growing because those who make them happen are hungry.

Private equity firms flush with investor cash are yearning for yield and are willing to move down in deal size to deploy that capital, especially because valuations for larger deals are pricey, observers say.

Kasich signs $62 billion Ohio budget, vetoes 22 items

Ohio Gov. John Kasich on Sunday signed Ohio’s two-year, $62 billion budget into law, according to the Columbus Business First.

The Republican governor signed off on significant tax changes and contentious abortion measures, but used his line-item veto to throw out 22 items, including a provision that prevented the state from expanding Medicaid.

Inside Gov. John Kasich’s Budget: 2014 and 2015

House Bill 59 (HB 59) is the legislation for Ohio’s state budget for the 2014 and 2015 fiscal years. It represents Gov. John Kasich’s proposed state budget for the next two years.

It was introduced on Feb. 12, 2013.

The legislation is more than 4,000 pages long and includes a host of changes affecting all areas of state government. In terms of education, the legislation lays out the details of Kasich’s new, proposed funding plan for Ohio schools and of a proposed expansion of private-school vouchers.