HomeMy WebLinkAbout871301.tiff RESOLUTION
RE: DISTRIBUTION OF PAYMENT IN LIEU OF TAXES (PILT)
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 Road and Bridge Fund and the School Districts
(RE-2 , RE-9 , RE-10J, RE-11 , and RE-12) on the basis of a 50/50
split after 1% of said funds has 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 Road and Bridge 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 Road and Bridge Fund and the 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 of County Commissioners
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 19th day of
October, A.D. , 1987 .
)174 BOARD OF COUNTY COMMISSIONERS
ATTEST: €"^"""t'L�1� WELD COUNiY, COLORADO
Weld County Clerk and Recorder /
and Clerk to the Board Gord6 61lc 4a y,7th .irman
(772wxc..ei � � �) C. Kirby, Pro Tem
eputy Count Clerk
APPROVED AS TO FORM: Gene R. Brantner
;`C� Ja quel' _e Jo.n_ .n
County Attorney
Fran kaB ama." chi
ri 3; 'M "e. `S - .X,— ' SW') 871301
EXHIBIT "A"
DISTRIBUTION OF PILT FUNDS
1987
Total Revenues Received $20 ,080 .00
Less: 1% CCI Lobbying Costs 2.00 . 80
Porceeds to be divided: $19 , 879.20
County Road and Bridge $ 9, 939. 60
School Districts 9 ,939. 60
Total Allocation $19 , 879 . 20
SCHOOL DISTRICT DISTPIBUTION:
RE-2 10 ,880 5 .24 $ 520 . 84
RE-9 43, 461 20 .94 2, 081 . 35
RE-10J 39 ,500 19 .03 1 ,891 . 50
RE-11J 60,038 28 .93 2,875.53
RE-12 53 ,680 25 .86 2 ,570 .38
207, 559 100.00 $ 9,939 . 60
871301
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