Ohio Budget Office: June 2020 Tax Receipts Improve Over May

The Ohio Office of Budget and Management announced in its monthly report that June 2020 tax revenues were $50.5 million, or 2.2 percent, below estimate, an improvement over May when tax revenues missed the forecast by 13 percent because of COVID-19 disruptions; June personal income tax receipts were $78 million below projections, but commercial activity tax receipts were $12.9 million above projections.