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State Guide17th StateEst. 1803
Ohio OH
"The Buckeye State"
Eight presidents, the first powered flight, the first American to orbit Earth, the first human on the Moon, and the most consequential piece of American legislation after the Constitution, Ohio has shaped the nation at nearly every turning point.
Ohio state finances at a glance
State Debt - FY2024
$32.3 billion
Total state government debt outstanding at the close of fiscal 2024, including long-term bonds and short-term borrowing across state agencies and public universities.
Tax Revenue - FY2024
$37.5 billion
Total Ohio state tax collections in fiscal 2024, led by the general sales tax ($16B) and the individual income tax ($10B).
Borrowing
Ohio issues voter-approved general obligation bonds and appropriation-backed bonds through the Ohio Public Facilities Commission, sold to investors in the tax-exempt municipal market. The state constitution caps annual debt service at 5 percent of the prior year's revenue. The state reported about $1.4 billion in interest on its debt in fiscal 2024.
Source: U.S. Census Bureau, 2024 Annual Survey of State Government Finances.
~11.8M
Population
17th
State (1803)
8
U.S. Presidents
#1
Astronaut State