State revenues are continuing to exceed expectations. The Ohio Department of Taxation (ODT) posted the July 2021 Public Library Fund (PLF) distribution of $46,873,053 – which is $10.6 million (+ 29.38%) above ODT’s original estimate that was issued in July 2020; and $8.4 million (+ 21.84%) above ODT’s updated estimate issued in December 2020. The PLF Calendar Year (CY) 2021 year-to-date total is $274,040,895.
The July distribution is the first distribution for Fiscal Year (FY) 2022. As a reminder, the PLF percentage in the state budget was maintained at 1.7% of the state’s General Revenue Fund (GRF) for FY 2022 and FY 2023.
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 July 2021 can be found on the OLC website.