by German Lopez
Ohio unemployment unchanged in May, budget overhauls taxes, streetcar vote Monday
Ohio’s unemployment rate was 7 percent in May, unchanged
from April and down from 7.3 percent in May 2012, according to Bureau of
Labor Statistics data released today by the Ohio Department of Job and Family Services.
Although the number of unemployed increased by 5,000 between April and May, the number of
employed also increased by 32,100, keeping the rate relatively stable.
Most sectors tracked in the report, including government, gained jobs.
The final version of the state budget would cut income taxes and create a state-based earned income tax credit,
but it would also hike the sales tax and make changes to property taxes
that effectively increase rates. Republican state legislators rolled
out the tax plan yesterday as a compromise between the Ohio House and
Senate plans. The final version looks a lot more like Gov. John Kasich’s
original tax proposal, which left-leaning Policy Matters Ohio criticized for favoring the wealthy. The budget must be signed by Kasich by June 30.
City Council is expected to vote on the streetcar project’s $17.4 million budget gap on Monday. The gap is a result of construction bids coming in much higher than expected, and solving it would involve making cuts for a slew of capital programs,
including infrastructure projects around the Horseshoe Casino. The cuts
will all come from the capital budget, which can’t be used to fund
operating budget expenses like police and fire because of limits established in
Three days after City Manager Milton Dohoney signed an
agreement leasing the city’s parking meters, lots and garages to the
Greater Cincinnati Port Authority, the Port Authority still hadn’t signed the lease, and it remains unclear when the agency plans to do so. City spokesperson Meg Olberding told CityBeat
she’s confident the Port Authority will sign the lease. But the delays
have raised questions about whether there truly will be local control
over the city’s parking assets through the Port Authority, given that
the agency is already going against the wills and assumptions of the
city government by failing to sign the lease.
City Councilman Chris Seelbach announced on Twitter
that he and Hamilton County Commissioner Chris Monzel will release a
joint statement on the city’s “responsible bidder” ordinance later today. The city
and county have been clashing over the ordinance, with county
commissioners most recently putting a hold on all Metropolitan Sewer
District projects. CityBeat covered the conflict in greater detail here.
Federal data released this week shows Ohio has some of the weakest gun laws and, as a result, is a top source for guns for crimes committed in other states.
Construction is expected to cause some downtown ramp closures and restrictions next week, so prepare for delays or a change in commute.
A Japanese scientist may have to grow his human organs in pigs.
The world’s first 3-D printed battery is as small as a grain of sand.
0 Comments · Wednesday, October 31, 2012
One of the most striking developments in
the past two years is the rising extremism of the Republican party. From
privatization to social issues to Senate Bill 5, Republicans have taken
Ohio in a hard turn to the right. Here at CityBeat, we’ll take the alternative. We support the Democratic takeover of the Ohio General Assembly.