Privatization Creating Ohio Jobs
Governor Kasich’s budget proposal challenges the status quo and continues to be a driving force for innovation.
Of the many innovative policy proposals the governor proposed today, the profits derived from privatizing the Division of Liquor Control would go toward the funding of Jobs Ohio. Today in the halls of the Ohio Capitol our governor and legislators are taking a step in the right direction for many reasons.
The Division has run the sale of liquor in Ohio in some form for a long time. When prohibition ended, the Federal Government gave states the right to control the sale of liquor, thus the birth of the notion of a “Control State”.
The sale of the assets, or the distribution channels and management apparatus of the Division of Liquor Control, could realize a strong price for Ohio.
Shoring up the operating structure, as well as maximizing the assets of the Division prior to the sale only makes sense – our government will want to get the best price possible from any potential buyer, and the best value for Ohioans.
Securing that best price will create a greater value for Jobs Ohio, and in turn that robust sale price will work for years to come to create jobs for Ohioans and a brighter future across our great state.