FY2006-2007 Biennium

July 1, 2005 through June 30, 2007. H.B. 66 began the tangible personal property tax phase-out — the largest change to Ohio’s local tax base since H.B. 920 — and, in the same act, replaced the line item through which the state pays its formula. verified

200501 Base Cost Funding becomes a discontinued line item; 200550 Foundation Funding is established. Every appropriation figure for Ohio school funding from here to FY2027 is read off 200550, and the Catalog of Budget Line Items names the act that created it in the same breath it names the act that governs it: “originally established by Am. Sub. H.B. 66 of the 126th G.A.” verified catalog-line-item-basis.tsv

The foundation base cost formula is still the regime. What changed is the container, not the calculation.

What this repository computed # ↑ Contents

Not what Ohio publishes. Figures derived here from committed fixtures, each one citing the test that reproduces it.

This biennium is read from the next act’s greenbook, and that is the only way to read it # ↑ Contents

H.B. 66’s own education greenbook prints no line-item table — the single gap the lsc-budget connector records in an otherwise continuous FY1999-FY2027 series. FY2006 and FY2007 are therefore carried as actuals from H.B. 119’s greenbook, published two years later, rather than as enacted figures like every other year on these five nodes. verified the connector’s own still_blocked note

FY2006   enacted $9.214bn   foundation $6.185bn   67.1%   real $10.180bn   (actual basis)
FY2007   enacted $9.504bn   foundation $6.315bn   66.4%   real $10.122bn   (actual basis)

The jump from FY2005 is across two changes at once, and only one of them is money # ↑ Contents

Foundation aid rises $1.169bn nominal, 23.3%, from FY2005 to FY2006. Two things happen in that step: the line item is replaced, and the basis changes from enacted to actual. The line replacement does not move the total — 200501 and 200550 are both in the set the series sums, and 200501 runs down to $23.6m in FY2006 and $0 in FY2007 rather than disappearing with money in it. The basis change is not so easily dismissed, and no enacted figure for these two years exists to check it against. verified the composition open the size of the basis effect

What it settles elsewhere # ↑ Contents

State Foundation Aid records, [open], that “a line ceasing to be listed may have been folded into another” and that settling it “needs the acts’ own language rather than their appropriation tables.” The Catalog’s Legal Basis column settles the identity without the language: 200501 is discontinued and 200550 is H.B. 66’s. What the acts would add is whether anything moved between them. verified