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HomeMy WebLinkAbout20000461.tiff OFFICE OF BOARD OF COMMISSIONERS PHONE (970)356-4000, EXT. 4200 FAX: (970) 352-0242 1 915 10TH STREET P.O. BOX 758 O GREELEY, COLORADO 80632 • COLORADO • January 24, 2000 The Honorable Mike Coffman Treasurer of Colorado 140 State Capitol Denver CO 80203 Dear Mr. Coffman: Concerning the method of distribution to school districts of affected counties of federal mineral leasing funds in accordance with 34-73-102, CRS, the Board of County Commissioners of Weld County, Colorado, wishes to certify the following percentages to each school district that is to receive funds in 1999. The distribution of the school districts' 25% share is based upon the number of acres of federal lands within each school district within Weld County of which mineral leasing funds possibly could be generated. District Number 25% acreage Percent School Share Total 1.310 RE-2 10,880.00 5.24 5.235 RE-9 43,461.00 20.94 4.758 RE-10J 39,500.00 19.03 RE-11J 60,038.00 28.93 7.232 53,680.00 25.86 6.465 RE-12 207,559.00 100.00 25.000 School District RE-2, Eaton, CO 80615 School District RE-9, Ault, CO 80610 School District RE-10J, Box 125, Briggsdale, CO 80611 School District RE-11J, New Raymer, CO 80742 School District RE-12, Grover, CO 80729 It is our understanding that the above distribution percentages of the federal mineral leasing amounts will be the amounts specified in Section 34-63-102, CRS, which is 25% of the county's share. If you have questions or need additional information, please call Don Warden, Director of Finance and Administration, 970-356-4000, extension 4218. J� Very truly yours, BOARD OF COUNTY COMMISSIONERS ll' k (` fl4ilkig meyer,J. Kir meyer, hair �, zzilt �zr ad ae all 2000-0461 cc: Don Warden STATE OF COLORADO DEPARTMENT OF THE TREASURY A� MIKE COFFMANFv rw yin°; BENSON M. STEIN STATE TREASURER ��5( ,� DEPUTY TREASURER �of alt. February 4, 2000 Weld County RE: Mineral Leasing Allocations to School Districts (C.R.S. 34-63-102) Dear Board of County Commissioners: Colorado statutes provide that at least 25% of the county share of the federal Mineral Lease distribution be paid to school districts within the county. The statutes also require that counties report to the State Treasurer's office each calendar year regarding the percentage breakdown for distribution to each school district with the county boundaries. The law does not allow the State Treasurer to disburse funds until the notifications are received. If the county elects to have the distribution per 34-63-102 (c)(II)(A), please designate the year of the election. The school district distribution will be as per statute, the most recent funded pupil count, as determined pursuant to the"Public School Finance Act of 1994." You are requested to submit the required notification by March 3, 2000 so that distributions for calendar year 2000 can be made promptly. Please note the mineral lease payment to the county may be paid electronically. If you are not receiving the payments electronically, and would like to, please call Ms. Denise Knutsen at 303-866-3565. Mineral lease payments are made quarterly, usually around the middle of the first month of the new quarter. The electronic abbreviation on your bank statement for the payment will be MNRL LEASE. Sincerely, Mike Coffman Colorado State Treasurer 140 STATE CAPITOL (303)866.2441 DENVER,COLORADO 80203 FAX(303)8662123 Hello