Revised PLF Distribution Estimates for the Remainder of CY16

Revised CY 2016 PLF Estimates (download Excel spreadsheet) 

 

A new, revised estimate of the Public Library Fund (PLF) distribution for the remainder of calendar year 2016 (CY16) has been developed by the OLC’s tax consultant Howard Fleeter, Ph.D.

 

Dr. Fleeter has projected county-by-county state library funding for each month (September-December 2016) by utilizing the June 2016 estimates from the Ohio Department of Taxation (ODT) and updating those estimates to include the revised state revenue estimates for fiscal year 2017 (FY17: July 2016-June 2017) that were released by the Office of Budget and Management on Aug. 10, 2016.

 

Fleeter’s estimates are based upon additional information that was not included in the June 2016 estimate from ODT. Fleeter estimates that the PLF total distribution for CY16 will now be just over $381.2 million.