HomeMy WebLinkAbout981832.tiff RESOLUTION
RE: DISTRIBUTION OF PAYMENT IN LIEU OF TAXES (PILT) FOR 1998
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 5th day of October, A.D., 1998.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
sr-
ATTEST:
• ����"���' � 'George . Baxter, Chair
Weld County CI- 'f6'
• �` +.}+' 5` stance L. Harbe , ro- em
BY:
Deputy Clerk tot ���i
Dale K. Hall /
O FORM: �G
arbarraa J. Kirkmeyer /
my rney W � Webster ' Z 6/bal_/7
W. H.
981832
LC r/ e(„ / L'H FI0027
EXHIBIT "A"
DISTRIBUTION OF PILT FUNDS
1998
Total Revenues Received $ 79,185.00
Less: 1% CCI Lobbying Costs 791.85
Proceeds to be divided $ 78,393.15
County Pubic Works $ 39,196.57
School Districts 39,196.58
Total Allocation $ 78,393.15
School District Distribution:
District Number Acreage Percent Amount
RE-2 10,880 5.24 $ 2,053.90
RE-9 43,461 20.94 8,207.76
RE-10J 39,500 19.03 7,459.11
RE-11 60,038 28.93 11,339.57
RE-12 53680 25.86 10,136.24
207.559 100.00 $ 39,196.58
981832
FI0027
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