ODT Posts December 2024 PLF Distribution

The Ohio Department of Taxation (ODT) posted the December 2024 Public Library Fund (PLF) distribution of $45,398,774 – which is $7.5 million (-14.26%) below ODT’s original estimate that was issued in July 2023. This brings the PLF Calendar Year (CY) 2024 total to $481,200,832 which is $10.6 million (-2.15%) below ODT’s original estimate.

Even more concerning is that the final CY 2024 total is well below 2023 funding by almost $29 million. OLC has shared our concerns with the administration and will continue to share our concerns as the DeWine-Husted Administration develops their FY 2026-2027 biennial budget proposal.

As a reminder and as required by law, ODT will update their CY 2025 entitlement estimates later this month. OLC will share that information as soon as we receive it.

According to the Office of Budget and Management (OBM), overall state tax receipts for the month of November came in $76.9 million (-2.9%) below estimates. Both the non-auto sales tax and Commercial Activity Tax (CAT) were key factors to the shortfall.

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 2024 can be found on the OLC website.