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WSP10086
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Last modified
1/26/2010 2:57:14 PM
Creation date
10/12/2006 4:06:33 AM
Metadata
Fields
Template:
Water Supply Protection
File Number
8040.100
Description
Section D General Studies - Power
State
CO
Basin
Statewide
Date
3/1/1976
Author
HUD
Title
Rapid Growth from Energy Projects - Ideas for State and Local Action
Water Supply Pro - Doc Type
Report/Study
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<br />GOltH? <br /> <br />its obligations from those of the State. The seven <br />member board of directors is appointed by the <br />Governor of Wyoming. The board appoints its <br />executive director and personnel. <br />The Authority may provide or loan money for <br />civic projects such as water and sewer systems, roads, <br />storm sewers and lighting, schOOlS, airports, hospitals, <br />recreation facilities and public buildings. Housing <br />may be provided through either a mortgage pur- <br />chase program or a "loan to lenders" program. <br />The Authority is designed to be self-supporting, <br />needing only a one-time $300,000 seed-money <br />appropriation intended to be repaid by 1982. <br /> <br />Contact: Dan Sullivan, Executive Director, Wyoming <br />Community Development Authority, Post <br />Office Box 634, Casper. Wyoming B2602. <br />(307) 265.0603 <br /> <br />2. Constitutional Amendment to Raise Debt limita- <br />tions for Counties, Cities and School Districts - <br />This amendment to the Wyoming State Constitu- <br />tion will have to be approved by the voters in the <br />1976 general election. It would raise the debt limi- <br />tations as follows: <br /> <br />Counties - from the present 2 per cent to 4 per cent <br />of assessed valuation, with no limits on water <br />projects; <br />Cities and towns - from the present 4 per cent to <br />8 per cent of assessed valuation with no limits on <br />water and sewer projects; <br />School districts - from the present 10 per cent to 20 <br />per cent of assessed valuation <br /> <br />Increasing the debt for public projects still re- <br />quires a majority vote of the people of the local <br />jurisdiction. <br /> <br />3. Joi nt Powers Act - <br />This act expands the power of counties to aid <br />cities and towns in providing public facilities. Prior <br />limitations prevented counties from aiding municipali- <br />ties in such critical activities as sewer and water <br />projects. <br />Joint powers agreements can be made to plan, <br />finance and operate water, sewer and solid waste; <br />recreation; police and fire; transportation; and <br />public school facilities. <br /> <br />4. Increase in Sales Tax Distribution - <br />The State currently imposes a three per cent <br />sales tax. Until 1975, the State returned one-sixth <br />of that amount (one. half per cent) to cities and <br />counties. About 15 per cent of Wyoming city <br />revenues come from this sales tax. This legislation <br /> <br />doubles that allocation to one.third of the sales tax <br />(equal to one per cent), raising the average city's <br />revenues by 15 per cent annually. <br />The one per cent is allocated to the county in <br />which the sales tax license is located. Then within <br />the county, the sales tax revenue is divided among <br />the cities and the county according to population. <br /> <br />5. Use Tax Exemption - <br />The exemption from paying use tax on capital <br />improvements and operating expenses of companies <br />engaged in interstate transportation was ended. One- <br />third of the increased revenue will be given to cities <br />and counties. <br /> <br />6. Coal Tax for Impact Assistance- <br />The Select Committee determined that $65 <br />million was needed over the next five years to meet <br />increased highway, road, water and sewer needs in <br />various parts of the State. It also concluded that <br />the coal industry should properly assume the burden <br />of paying for needed improvements. The State has <br />now passed a severance tax which increases from <br />0.5 to 2 per cent of value by 197B. The tax will be <br />in effect until the total tax collected reaches $120 <br />million. <br />At least 60 per cent of the revenues derived from <br />the tax have to be spent by local governments or by <br />the State Highway Department on highways and roads <br />in impacted areas. The remaining funds may be used <br />for municipal water and sewer financing. This money <br />can be used to match Federal grants, and can be <br />pledged to support borrowed funds. The Wyoming <br />Community Development Authority can be the <br />source of those borrowed funds. The coal tax <br />revenue fund is administered by the Wyoming Farm <br />Loan Board. <br /> <br />r <br />L <br /> <br />For fu rther <br />reference: <br /> <br />Interim Report and Recommendations, <br />Legislative Select Committee on Indus- <br />trial Development Impact, Wyoming <br />State Legislature, December 1974. <br /> <br />Contacts: <br /> <br />Chairman of Committee-Senator John <br />Ostlund, Capitol Building, Cheyenne, <br />Wyoming B2001. (307) 777-7702 <br /> <br />Consultant- Robert L. Pettigrew, Mayor - <br />City Hall, Casper, Wyoming 82601. <br />(3071 235-2157 <br /> <br />Regional Revenue Sharing: Twin Cities, Minnesota <br />One of the major problems of fiscal impact is that <br />the energy project may be in one jurisdiction while <br />the impact is felt in another. To overcome similar <br /> <br />32 <br />
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