ODT Posts August 2023 PLF Distribution

The Ohio Department of Taxation (ODT) recently posted the August 2023 Public Library Fund (PLF) distribution of $36,506,297 — which is $2.2 million (- 5.67%) below ODT’s original estimate that was issued in July 2022; and $652,821 (- 1.76%) below ODT’s updated estimate issued in December 2022. The PLF Calendar Year (CY) 2023 year-to-date total is $337,685,916.

The August distribution is the second PLF distribution for Fiscal Year (FY) 2024. As a reminder, the PLF percentage is now set in codified state law at 1.7% of the state’s General Revenue Fund (GRF).

According to the Office of Budget and Management’s (OBM), GRF tax receipts for July 2023 came in about $13 million or 0.6% above 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 August 2023 can be found on the OLC website.