HomeMy WebLinkAbout20033286 RESOLUTION
RE: DISTRIBUTION OF PAYMENT IN LIEU OF TAXES (PILT) FOR 2003
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 PILT 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 PILT 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 1st day of December, A.D., 2003.
BOA D OF COUNTY COMMISSIONERS
WEL OUNTY, COLORADO
ATTEST:
t%cd)
Weld County Clerk .: h
e
Robert D. asden, Pro-Tem
BY:
Deputy Clerk to the jt
. J. Geile
APP AST M: 7-7G11-t_i
William H. Jerke
ty ttorne
Glenn Vaad
Date of signature:
2003-238834%
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EXHIBIT "A"
DISTRIBUTION OF PILT FUNDS
2003
Total Revenues Received $ 196,558.00
Less: 1% CCI Lobbying Costs 1,965.58
Proceeds to be divided $ 194,592.42
County Pubic Works $ 97,296.21
School Districts 97,296.21
Total Allocation $ 194,592.42
School District Distribution:
District Number Acreage Percent Amount
RE-2 10,880 5.24 $ 5,098.32
RE-9 43,461 20.94 20,373.83
RE-10J 39,500 19.03 18,515.47
RE-11 60,038 28.93 28,147.79
RE-12 53.680 25.86 25.160.80
207,559 100.00 $ 97,296.21
2003-2386
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