- Associated Press - Saturday, June 21, 2014

CHEYENNE, Wyo. (AP) - The U.S. Interior Department says 23 local governments in Wyoming are receiving about $27 million to compensate for federal lands that can’t be taxed.

The Payments in Lieu of Taxes program, or PILT, seeks to compensate local governments that have federal land, such as national parks, wildlife refuges and recreation areas.

The Interior Department collects about $14 billion in revenue annually from commercial activities on federal lands, such as oil and gas leasing, livestock grazing and timber harvesting.

A portion of these revenues are distributed to states and counties in the form of revenue-sharing PILT payments.

PILT payments are computed based on the number of acres of federal entitlement land within each county or jurisdiction and the population of that county or jurisdiction.



Click to Read More

Click to Hide