A set of bottom-gate Zinc Oxide (ZnO) thin film transistors (TFTs) with active layers containing 1, 4 and 8 layers of spin-coated ZnO were fabricated and their electrical characteristics such as transistor transfer and capacitance-voltage characteristics were analyzed. The transconductance of the single-layered ZnO transistor shows a single peak. On the other hand, multiple peaks and humps were observed in the transconductance and capacitance-voltage characteristics of multi-layered ZnO transistors. The multi-layers were grown by reiteration of the spin-coating process, producing ZnO - ZnO interlayer-interfaces. The surface of the ZnO layer in contact with the ambient contains active sites, resulting in chemisorption of ambient gases such as oxygen prior to the deposition of subsequent layers. The chemisorbed species become negatively-charged and form charge sheets, depleting the surface/interface region. It was proposed that the formation of depletion layers at ZnO - ZnO interlayer-interfaces is the main cause for the observed anomaly.