ODT Posts October PLF Distribution
The Ohio Department of Taxation (ODT) posted the October 2018 Public Library Fund (PLF) distribution. Once again, state revenues slightly exceeded estimates. Through the first quarter of Fiscal Year (FY) 2019, revenues are exceeding projections by almost $32 million (+0.6 %).
Because overall state revenues are up, the PLF distribution has again slightly exceeded expectations. The ODT posted the October 2018 PLF distribution of $31,058,594 which is $156,294 (+ 0.51%) more than the ODT’s estimate of $30,902,301 for the month. By comparison, the October 2017 distribution was $29,251,241.
The Year-to-Date (YTD) total for Calendar Year (CY) 2018 is $325,526,301 which is 2.82% above ODT’s estimate.
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 October 2018 can be found on the OLC website.
