ODT Posts October 2023 PLF Distribution

The Ohio Department of Taxation (ODT) recently posted the October 2023 Public Library Fund (PLF) distribution of $40,357,725 — which is $1 million or + 2.55% above ODT’s original estimate that was issued in July 2022; and $3.1 million or + 8.35% above ODT’s updated estimate issued in December 2022. The PLF Calendar Year (CY) 2023 year-to-date total is $424,012,790.

Overall, state tax receipts for the month of September came in $5.2 million or 0.2 percent above expectations. We are three months into Fiscal Year 2024 and state tax revenues are about $56 million or 0.8 percent more than expected. So the PLF is doing well.

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 October 2023 can be found on the OLC website.