ODT Posts May 2017 PLF Distribution

The Ohio Department of Taxation (ODT) has posted the May 2017 Public Library Fund (PLF) distribution. For the tenth month in a row, state revenues have come in below estimate. Since the fiscal year began in July, total tax revenues are $773.7 million (-4.2%) below the Office of Budget and Management (OBM) projections.

The May 2017 PLF distribution of $32,420,401 is more than $2.5 million (-7.2%) below ODT’s estimate for the month, but $1.1 million more than the May 2016 distribution.

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 May 2017 can be found on the OLC website.