HomeMy WebLinkAbout20052544.tiff RESOLUTION
RE: DISTRIBUTION OF PAYMENT IN LIEU OF TAXES (PILT) FOR 2005
WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to
Colorado statute and the Weld County Home Rule Charter, is vested with the authority of
administering the affairs of Weld County, Colorado, and
WHEREAS,the Board of County Commissioners of Weld County, Colorado, has a policy
that PI LT Funds will be distributed to the Weld County Public Works Fund and School Districts
RE-2, RE-9, RE-10J, RE-11, and RE-12 on the basis of a 50/50 percent split after one percent of
said funds have been taken off for CCI lobbying purposes, and
WHEREAS,the Director of Finance and Administration has prepared Exhibit"A,"attached
hereto and incorporated herein as part of this Resolution, showing the calculation of the distribution
of PILT Funds to the Public Works Fund and School Districts RE-2, RE-9, RE-10J, RE-11, and
RE-12.
NOW,THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County,Colorado,that the distribution of PI LT Funds to the County Public Works Fund and School
Districts RE-2, RE-9, RE-10J, RE-11, and RE-12 shall be distributed as more fully set forth on
Exhibit "A," attached hereto and incorporated herein by reference.
BE IT FURTHER RESOLVED by the Board that the Director of Finance and Administration
be directed to prepare County warrants payable to the above School Districts in the amount
presented on Exhibit"A."
The above and foregoing Resolution was,on motion duly made and seconded, adopted by
the following vote on the 29th day of August, A.D., 2005.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
ATTEST: Iail f� ELa` EXCUSED
'William H. Je , Chair
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Weld County Clerk to the
` ,' •M. J. G ile, Pro Tem
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Deputy Clerk to the Boa EXCUSED
D d E. Long
APPROV D AS TO F
Robert . Masden
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Glenn Vaad
Date of signature: f
2005-2544
CO l-I 6OW /4 oR ao-or
EXHIBIT "A"
DISTRIBUTION OF PILT FUNDS
2005
Total Revenues Received $ 39,069.00
Less: 1% CCI Lobbying Costs 390.69
Proceeds to be divided $ 38,678.31
County Pubic Works $ 19,339.15
School Districts 19,339.16
Total Allocation $ 38,678.31
School District Distribution:
District Number Acreage Percent Amount
RE-2 10,880 5.24 $ 1,013.37
RE-9 43,461 20.94 4,049.62
RE-10J 39,500 19.03 3,680.24
RE-11 60,038 28.93 5,594.82
RE-12 53,680 25.86 5,001.11
207,559 100.00 $ 19,339.16
2005-2544
FI0041
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