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<br />FEDERAL MINERAL LEASE DISTRIBUTION
<br />FEDERAL MINERAL LEASING ACT ~ COLORADO MINERAL LEASING FUND
<br />- Net of administrative charges, returns -Colorado statute (CRS 34-63-' 02) directs, that
<br />50% of rentals and royalties from federal in the distribution of these funds priority shall
<br />lands in the state of origin. be given to school districts and political sub-
<br />- Directs that such funds be used by the divisions socially or economically impacted by the
<br />states for planning, construction and development or processing of the federal minerals.
<br />maintenance of public facilities and - Distributes the amounts originating in each county
<br />services in areas of the state socially as reported by the Federal government under the
<br />and economically impacted by mineral following "cascade" type of formula:
<br />development. ~
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<br />25%
<br />To the State
<br />School Fund
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<br />50%
<br />To the county area of
<br />origin up to $200,000
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<br />~ SPILLOVER
<br />All funds from counties
<br />whose 50% share went
<br />over $200,000
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<br />SECOND CUT
<br />All county areas who contribute
<br />to the SPILLOVER get what remains
<br />of their 50% in the BALANCE
<br />up to a total limit of $1.2 million
<br />per county area. To avoid PIL T
<br />deductions the county can elect to
<br />have all these receipts given to school
<br />districts and towns in a 50/50 split or
<br />share the 'funds as follows
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<br />SCHOOL DISTRICTS
<br />get at least 25 %
<br />of each county's
<br />total distribution
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<br />COUNTY
<br />Gets the residual
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<br />TOWNS
<br />Get at least 37.5 %
<br />of each.county area
<br />total distribution
<br />above $ 250,000
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<br />TOTAL AMOUNTS RECEIVED BY EACH GROUP: (Calendar Year Distribution)
<br />1992 1993 1994
<br />42,015,219 34,513,392 37,084,266
<br />3,437,475 3,071,195 2,967,668
<br />1,496,572 1,280,808 1,322,567
<br />1,052,240 771,228 .999,832
<br />4,201,522 3,451,339 3,708,427
<br />23,004,466 19,745,081 20,947,000
<br />8,147,779 5,939,558 8,744,590
<br />615,165 254,183 393,983
<br />
<br />Total Colorado Receipts
<br />Counties
<br />School Districts
<br />TO'MlS
<br />
<br />...
<br />
<br />C\\CB
<br />State School Fund
<br />DOlA Grants
<br />DOlA Direct Distributions
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<br />~
<br />
<br />.
<br />
<br />~
<br />10%
<br />To the Water
<br />Conservation Board
<br />
<br />~ BALANCE
<br />Funds in the
<br />spillover in excess
<br />of $10.7 million
<br />~
<br />
<br />~ OVERFLOW
<br />All funds from counties
<br />whose 50% share went
<br />over $ 1,200,000
<br />
<br />~
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<br />THE OVERFLOW SPLIT
<br />50% of the 50% of the
<br />overflow goes overflow goes
<br />to the State to the Department
<br />School Fund of Local Affairs
<br />
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<br />DIRECT DISTRIBUTION
<br />In those counties who
<br />contributed to the overflow
<br />25% of the DLA 50% Is
<br />distributed to cities and the
<br />county on the basis of employee
<br />residence reports.
<br />
<br />1995
<br />31,778,501
<br />3,204,223
<br />1,299,886
<br />898,542
<br />3,177,850
<br />18,237,925
<br />4,911,750
<br />48,325
<br />
<br />1996
<br />32,394,358
<br />2,892,759
<br />1,162,168
<br />790,124
<br />3,239,436
<br />18.824,652
<br />5,328,701
<br />158,516
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<br />1997
<br />43,982,442
<br />4,113,447
<br />2,237,961
<br />1,680,437
<br />4,398,244
<br />23,225,186
<br />7,744,548
<br />382.394
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<br />SMC1/25/99
<br />
<br />1998
<br />41,172,269
<br />2,792,862
<br />2.022,334
<br />1,868,081
<br />4,117,139
<br />21,891.487
<br />8,255,731
<br />224,655
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