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BOARD00151 (3)
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BOARD00151 (3)
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Last modified
8/16/2009 2:45:48 PM
Creation date
5/1/2007 10:24:17 AM
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Board Meetings
Board Meeting Date
3/12/2007
Description
WSP Section - Animas-La Plata Project Updates - Intergovernmental Agreement Establishing the ALP Operations and Maintenance Association and Proposed Concept Paper
Board Meetings - Doc Type
Memo
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<br />',- <br /> <br />Attachment A <br /> <br />. <br /> <br />Severance Tax Trust Fund Distribution Chart <br /> <br />Severance Tax Revenues <br /> <br />Allocation per 39-29-108 CRS. <br /> <br /> <br /> <br />State Severance Tax Trust Fund <br /> <br />. <br /> <br />The Severance Tax Trust Fund resides in <br />the office of the State Treasurer. The fund <br />is to be perpetual and held in trust as a <br />replacement for depleted natural resources <br />and for the development and conservation <br />of the state's water resources (emphasis <br />added). 39-29-109 CRS. (50%) <br /> <br />Local Government <br />Severance Tax Trust Fund <br /> <br />Created by 39-29-110 CRS. <br /> <br />(50% ) <br /> <br /> <br /> <br />DNR Operational <br />Account (50%) -- for <br />programs & projects <br />related to energy minerals, <br />geology & water: <br />COGCC (45 %) <br />DMG (30%) <br />CGS (20 %) <br />CWCB (5%) <br /> <br />Perpetual Base <br />Account (50%) - <br />- for CWCB <br />water project <br />loans <br /> <br />DOLA (100%) <br />Energy Impact <br />Fund - grants and <br />loans to local <br />governments <br /> <br />. <br /> <br />21 <br />
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