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Tax Distribution - March 2011
March 2011
PLEASE NOTE: It is important to remember, that although there is an increase in the PLF distribution between March 2010 and March 2011, we believe that it is prudent to use any PLF increase to build back your reserves. The current biennium (through June 30, 2011) will likely continue to produce increases over 2010; It is also also likely that the next biennium budget (beginning in July 2011) will NOT provide increases to the PLF.
Stay Prepared!
Below is the tax distribution for the month of March 2011 released by the Ohio Department of Taxation (ODT).
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'09 |
2010 |
2011 |
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% Change '10 v. '11 |
| Mar. |
$28.5 |
$23.8 |
$20,267,426 |
$21,450,738.38 |
-24.7% |
+5.8% |
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$114.2 |
$101.7 |
$82,763,108 |
$89,698,555.48 |
-21.5% |
+8.4% |
March Tax Distribution
ODT Projections: FY2011*
Below are the monthly PLF distributions for the remainder of FY2011 as projected by the Ohio Department of Taxation:
| March 2011 |
$20,900,000 |
| April 2011 |
$25,100,000 |
| May 2011 |
$41,100,000 |
| June 2011 |
$31,400,000 |
*To date, ODT projections have been very accurate and can be used for future budgeting purposes.
If you have any questions, please contact:
Lynda Murray,
Director of Government and Legal Services
614-410-8092 or lmurray@olc.org
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