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
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STATE OF COLORADO
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MIKE COFFMANFv rw yin°; BENSON M. STEIN
STATE TREASURER ��5( ,� DEPUTY TREASURER
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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
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