The Ohio Department of Taxation (ODT) has posted the February 2017 Public Library Fund (PLF) distribution. State tax revenues are down again, making it the seventh consecutive month that state revenues have missed projections. With five months remaining in State Fiscal Year (FY) 2017, overall state tax receipts are running $388 million (2.9%) behind for the current budget.
This month’s PLF distribution of $35,728,786 is $1,396,560 (3.8%) below ODT’s estimate for the month, and $625,016 (1.7%) less than the distribution in February 2016.
A look at the PLF distribution for the past three years and a link to an Excel spreadsheet listing each county’s distribution total for February 2017 can be found on the OLC website.