ODT Posts December 2023 PLF Distribution

The Ohio Department of Taxation (ODT) posted the December 2023 Public Library Fund (PLF) distribution of $44,150,436 – which is $1.3 million (+ 3.02%) above ODT’s estimates issued in December 2022.

This brings the calendar year (CY) 2023 total to $510,185,923, which is $16.6 million (+ 3.37%) more than ODT’s estimate and $7.8 million (+ 1.55%) more than the CY 2022 total distribution.

Big picture takeaways:

  • 2023 Total Distribution is $45.78 million (+ 9.86%) more than 2021
  • 2023 Total Distribution is $100.78 million (+ 24.62%) more than 2020

According to the Office of Budget and Management (OBM), overall state tax receipts for the month of November came in $26.1 million (or + 1%) above estimates. So far, State Fiscal Year 2024 tax collections are about $245 million (+ 2.1%) above estimates.

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 December 2023 can be found at olc.org/funding.

Later this month, ODT will update their CY 2024 Monthly PLF Certifications. OLC will send out additional information when they are posted.