ODT Posts May 2018 PLF Distribution

The Ohio Department of Taxation (ODT) has released the May 2018 Public Library Fund (PLF). The state budget picture for the current fiscal year (FY) is looking good with total tax receipts to date coming in 2.2% above the projections for FY18. Overall state tax revenues for the month of April also came in about 7% above estimates. This lead to a healthy May PLF distribution of figure of $34,972,870 which is $2.2 million (+6.76%) more than the ODT’s estimate of $32,759,828 for the month.

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 May 2018 can be found on the OLC website.