By Anne Libby, Administrative Assistant and Diane Fink, Head, Business & Fiscal Services
The State Library’s budget for FY 2010 closed on June 30, 2010 with no budget reductions being required during the year. Even though there were no formal budget reductions during FY 2010, state agencies realized savings for the State of Ohio through the implementation of cost savings days. Over the past ten years, the State Library, along with many other state agencies and libraries, has experienced budget reductions, reduced staffing, service reductions, and frozen and/or reduced salaries/benefits for employees.
July 1, 2010 marked the start of FY 2011 in state government. So far in FY 2011, revenues have been on target and no budget reductions have occurred. In mid-July, the Office of Budget and Management (OBM) released guidelines for the development of the FY 2012-2013 biennial budget. Throughout the summer and fall, the State Library developed its budget request for the FY 2012-2013 biennium. Guidelines from OBM for the development of the FY 2012-2013 budget requests for state agencies were as follows:
The State Library’s budget request was submitted on time to OBM on November 1, 2010. The Governor’s Executive Budget, which will include recommendations for funding for the State Library and the rest of state government, will be introduced by March 15, 2011. The budget then goes before Ohio’s House and Senate before ending in Conference Committee sometime in June 2011. The FY 2012 - FY 2013 biennium begins on July 1, 2011.
State agencies and other organizations that receive funding through the State of Ohio expect the next biennial budget that begins on July 1, 2011 to be challenging. The first real glimpse of where this budget cycle might end up will come with the release of the Governor’s Executive Budget in March of next year.