ODT Posts August 2021 PLF Distribution

State revenues are continuing to exceed expectations. According to the Office of Budget and Management (OBM), the state’s July 2021 General Revenue Fund (GRF) tax receipts came in $24.7 million or 1.3 percent above the budgeted estimate.

The Ohio Department of Taxation (ODT) posted the August 2021 Public Library Fund (PLF) distribution of $34,261,820 — which is $7.48 million (+ 27.92%) above ODT’s original estimate that was issued in July 2020; and $3.86 million (+ 12.69%) above ODT’s updated estimate issued in December 2020. The PLF Calendar Year (CY) 2021 year-to-date total is $308,302,714.

The August distribution is the second PLF 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 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 August 2021 can be found on the OLC website.