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Ohio Governor’s Proposed Budget Includes Public Ed Funding, Tax Hikes On Weed, Tobacco

The budget is projected at $108 billion for fiscal year 2026

Ohio Gov. Mike DeWine’s proposed $218 billion state budget would fully fund public education, and raise taxes on tobacco and marijuana, as well as on sports betting companies to help fund things like the Cleveland Browns stadium project.

The budget is in the early stages, and due by July 1. It will now be up to lawmakers to shape and pass a two-year budget to send DeWine. The budget is projected at $108 billion for fiscal year 2026 and $110 billion for fiscal year 2027.

Unsurprisingly, the vast majority of the governor’s press conference was based around children. DeWine did not release the proposal until after the presser took place.

“It’s a budget for our kids,” DeWine said. “And I think it’s a very, very good budget for our kids.”

He included fully funding public education with the third phase of the Cupp-Patterson plan, though he did propose reducing “guarantee” money for certain public school districts to 95% in the first year and 90% in the second.

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