PILT Payments Bring Millions to Big Horn Basin
Written by andrew-rossi on June 21, 2019
Park County will be receiving over two million dollars from the federal government this year, as part of an annual payout to local governments that do not have the ability to collect property taxes on federal land.
U.S. Secretary of the Interior David Bernhardt yesterday announced that the 23 counties in Wyoming are receiving a total of $30.2 million under the 2019 Payments in Lieu of Taxes, or PILT program.
Berhnardt explained that this year’s distribution of $514 million to more than 1,900 counties will help small towns pay for critical needs like emergency response, public safety, public schools, housing, social services, and infrastructure.
The money comes from the more than $11.9 billion dollars in annual revenue from commercial activities on public lands, such as oil and gas leasing, livestock grazing, and timber harvesting.
Other counties in the Big Horn Basin also received PILT funds. Big Horn County received nearly $1.2 million dollars; Hot Springs County was given just over $850,000; and Washakie County received just under $1.2 million.
Since PILT payments began in 1977, the Department of the Interior has distributed approximately $9.2 billion dollars to States and the District of Columbia, Puerto Rico, Guam, and the U.S. Virgin Islands.