ODT Posts Final CY 2022 PLF Certification Update

The Ohio Department of Taxation (ODT) issued their final estimates for the Public Library Fund (PLF) distributions for each county for Calendar Year 2022 (CY 2022). Overall, ODT is now estimating the total CY 2022 PLF distribution will be $482,717,137, which is $39,598,729 ( + 8.9%) more than the original ODT certification issued in July 2021, and $34,985,990 ( + 7.8%) more than the certification update issued in December 2021.

Please read the certification letter for your county entitlement carefully. The entitlement estimates are based on 1.70 percent of projected revenues (net of the transfers) from the state’s General Revenue Fund (GRF) tax sources, multiplied by your county’s computed share of the total PLF for the July-December 2022. These are county-by-county estimates and not detailed down to the library system or building level. As you know, each county has a different distribution formula. Therefore, neither OLC nor the ODT can issue estimates for each individual library system.

As a reminder, by statute, ODT is required to provide an initial certification in July for the following calendar year. That certification is then updated in December and a final update is required in June of the actual calendar year. Therefore, the final statutorily required certification for CY 2022 was just provided and no further updates are planned by ODT for the CY 2022 estimates. The next certification issued by ODT will be in July 2022 for CY 2023.