Mineral lease funds up 130 percent from 2003 | PostIndependent.com
YOUR AD HERE »

Mineral lease funds up 130 percent from 2003

Carrie Click

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


Support Local Journalism

Support Local Journalism

Readers around Glenwood Springs and Garfield County make the Post Independent’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.

For tax deductible donations, click here.
 

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User