HomeMy WebLinkAbout961801.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 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 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 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 7th day of October, A.D., 1996.
BOARD OF COUNTY COMMISSIONERS
--II', WELD COUNTY, COLORADO
4EX , •
." $
eI i G447 FXCI ism f)ATF C)F SIC;NIN(; (AYF)
Barbara J. Kirkmeyer, Chairman
ta61 .44i �.< u ty Clerk to the Board it
Tewts 04 V"1� .- :N e /44 i, c eG org%Baxter, Pro- em
i eputy Clerk t.4 he Board {
Dale K. Hall
APPROVED AS TO FORM: o,�.i�VRoc --
Constance L. Harbert
( K 91t)244.1.4i.A-N-
04 County Attorney �,(` kart)W. H.6iNki
bster l/
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EXHIBIT"A"
DISTRIBUTION OF PILT FUNDS
1996
Total Revenues Received $ 80,694.00
Less: 1% CCI Lobbying Costs 806.94
Proceeds to be divided $ 79.887.06
County Pubic Works $ 39,943.53
School Districts 39.943.53
Total Allocation $ 79.887.06
School District Distribution:
District Number Acreage Percent Amount
RE-2 10,880 5.24 $ 2,093.04
RE-9 43,461 20.94 8,364.18
RE-10J 39,500 19.03 7,601.26
RE-11 60,038 28.93 11,555.66
RE-12 53.680 25.86 10.329.39
207.559 100.00 $ 39.943.53
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