Bill aims to
increase feds' property taxes
Cliff Thompson June
24, 2004
If you're preparing to pay
your annual property tax bill, you probably would like to have the same
property tax rate that Uncle Sam gets when tax time comes due.
It's less
than a $1 per acre, based on the federal 'Payment In Lieu of Taxes' paid by the
U.S. Bureau of Land Management and the U.S. Forest Service. The former federal
agency owns 235,000 acres in the county while the Forest Service owns
approximately 600,000 - that's 75 percent of the county's 848,592
acres.
Eagle County received $841,296 this year, up slightly from last
year. Payments to the 64 counties in Colorado totaled $17.6 million.
The congressionally authorized payment-in-lieu program to began in 1976
after it became evident that counties with large federal holdings could not
collect sufficient taxes to support their services.
Payments are based
on a complicated formula that includes population, federal acreage, the
Consumer Price Index and other factors.
"We certainly don't get enough,"
said Jack Ingstad, Eagle County administrator. "We supply lots of service to
federal lands."
The payments totals less than 0.8 percent of the
county's $100 million annual budget. Rep. Scott McInnis, R-Grand Junction, has
introduced legislation to increase or "fully fund" the
payments.
Cliff Thompson can be reached via e-mail at
cthompson@vaildaily.com or by
calling 949-0555 ext. 450.
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