The Ohio Department of Taxation (ODT) has posted the April 2017 Public Library Fund (PLF) distribution. For the ninth month in a row, state revenues have come in below estimate. To date for FY17, overall state revenues are $615 million behind the Office of Budget and Management (OBM) projections.
The April 2017 PLF distribution of $24,811,689 is more than $3.7 million (-13.12%) below ODT’s estimate for the month and $1.2 million (-4.64%) lower than the April 2016 distribution.
A recent article in the Columbus Dispatch details the decline in state revenues as well as its potential impact on the state’s upcoming biennial budget.
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 April 2017 can be found on the OLC website.