COLUMBUS– Senator Troy Balderson (R–Zanesville) today praised a new report showing Ohio is ranked seventh out of 50 states for its fiscal condition.
 
“I am proud to see strong leadership and hard work paying off in our state," said Balderson. "Ohio’s economy has come a long way, but we still have work to do.”
 
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 Balderson 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

Balderson Announces Approval Of Funds Investing In Hocking Hills State Park

 

"Parks like Hocking Hills have become an iconic tourist attraction for our state," said Senator Balderson.



 
 

Balderson Announces Approval Of Funds For Former Hocking Hills Lodge Clean Up

 

COLUMBUS - State Senator Troy Balderson (R-Zanesville) today announced the release of state capital funds for the demolition of the former Hocking Hills State Park Lodge that was destroyed by fire on December 8, 2016. 



 
 

Honoring Those Who Serve Our Country

 

In 1941, America joined the World War II efforts and over 16 million men and women were mobilized. World War II saw many Ohioans volunteer to defend our nation. One of these service members was Sergeant Harold Davis who called Zanesville home. 



 
 

Balderson Applauds Investment To Expand Ohio's Small Business Markets

 

COLUMBUS - State Senator Troy Balderson (R-Zanesville) today announced that the U.S. Small Business Administration (SBA) has awarded $700,000 aimed at supporting efforts to expand Ohio’s small business markets overseas.