Mineral lease funds up 130 percent from 2003 | PostIndependent.com

Mineral lease funds up 130 percent from 2003

RIFLE – From 2003 to 2004, the numbers have gone up – and how – regarding the amount of money Garfield County is receiving from federal mineral lease funds.A report Jim Evans of the Associated Governments of Northwest Colorado, based in Rifle, distributed Thursday shows that in 2003 Garfield County received $131,526 from natural gas federal mineral leasing distributed annually by the Department of Local Affairs. That number shot up to $740,746 in 2004 – an increase of $609,220.The sharp increase reflects the state’s receipts from federal mineral leases, which are up 130 percent from 2003. In 2004, DOLA received a total of $24.4 million, of which more than $10 million was a “third-tier” distribution to the Local Government Mineral Impact Fund. Twenty-five percent of these funds has been funneled to seven counties that have the greatest amount of federal mineral leasing activities, according to employee residence records. Within those counties, Garfield topped the list, with Rio Blanco coming in at a close second with $738,000 in natural gas impact distributions. Through the Local Government Energy Impact Program, which was passed into legislation in 1982, the Associated Governments of Northwest Colorado guaranteed that local governments impacted by leasing activities receive these third-tier distributions. Contact Carrie Click: 625-3245, ext. 101cclick@postindependent.com2004 Direct Distribution of Federal Mineral Lease FundsGarfield County$740,745.87Breakdown:Carbondale $792Glenwood $2,377New Castle $3,961Parachute $137,058Rifle $453,162Silt $11,883Unin. Garfield$131,512

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