March PLF Distribution Under ODT Estimates

The Ohio Department of Taxation (ODT) has posted the March 2017 Public Library Fund (PLF) distribution. Overall state tax receipts are down once again for the eighth month in a row. The state brought in $1.54 billion for the month of February which was $23.5 million (or -1.5%) below projections.

The March 2017 Public Library Fund (PLF) distribution of $27,050,121 is $887,024 (-3.18%) below ODT’s estimate for the month. Public library funding is based upon state tax revenue, and therefore ebbs and flows with the economy. Gov. Kasich’s recent budget proposal would cut state funding to Ohio’s public libraries by more $7 million in Fiscal Year 2018 by reducing the PLF from 1.7% to 1.66% of the General Revenue Fund.

Below are a series of media articles covering the slide in state revenues:

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 March 2017 can be found on the OLC website.