State to see increase in PILT

RBC I U.S. Rep. Scott Tipton (CO-03) announced that the state of Colorado will receive approximately $35.6 million through the federal Payments in Lieu of Taxes (PILT) program for fiscal year 2016, which is an approximate $2 million increase in funding from fiscal year 2015. His list also reported that the 1,498,655 acres of federal […]

Congressional bill fully funds PILT program

WASHINGTON, D.C. I The Payment in Lieu of Taxes (PILT) program, which last year provided Colorado counties with $34.5 million to carry out vital services like fire and police protection, school construction, and road maintenance, received $372 million in the government funding bill, which passed Congress last week.

PILT funds included in Farm Bill

RBC I Colorado U.S. Sens. Michael Bennet and Mark Udall on Tuesday heralded the inclusion of an extension of the Payment in Lieu of Taxes (PILT) program in the Farm Bill conference report.