Tax Data Series

Local Government Funds

Library and Local Government Support Fund
Amounts Distributed to Counties, Calendar Year 1994

The library and local government support fund was created in House Bill 291 of the 115th General Assembly. It replaces the locally-collected intangible property tax, which was repealed beginning in calendar year 1986. This fund provides state aid to counties on a monthly basis for libraries and local governments, which were receiving revenue from the intangible property tax.

The library and local government support fund is comprised of 6.3 percent of the preceding month's personal income tax collections. The budget bill for the 1994-1995 biennium (House Bill 152, effective July 1, 1993) temporarily lowered the library and local government support fund's percentage share from 6.3 percent to 5.7 percent. This lower percentage share will be in place from July 1, 1993 through June 30, 1995. The total amount distributed to the counties for calendar year 1994 was $296,982,581.

The revenues received from the library and local government support fund are distributed by the County Budget Commission. During 1994, less than 2 percent went to local governments with the balance going to libraries.

Figures shown were compiled from records of the Ohio Department of Taxation.