California Counties: $45 Million in Payments in Lieu of Taxes
U.S. Department of Interior Announces More Than $430 Million in PILT Funding
California Counties are going to receive more than $45 million soon from the Federal Government for Payment in Lieu of Taxes (PILT). CSAC actively lobbied Congress to have PILT funding included in the Farm Bill this year. And in total, the Department of the Interior will be paying more than $430 million to local governments around the nation. PILT payments to local governments are designed to help offset losses in property taxes due to non-taxable Federal lands within their boundaries.
Almost every California County will receive some PILT money this year, but the actual amounts are based on a relatively complex formula that considers population, the amount of Federal land within each county and other factors. Some California counties are due to receive more than $3 million.
The Department of the Interior PILT webpages includes breakdowns of PILT payments state by state and county by county within each state.
“This is another example of how CSAC and our partnership with the National Association of Counties (NACo) provide real value for our members,” said CSAC Executive Director Matt Cate. “Whether it’s the State Budget or the Federal Farm Bill, the Governor, the Legislature, Congress or the President, we have to be there to make sure our voice is heard. In this case regarding PILT, I’m really pleased to see they were listening.”
There is more information about PILT at the link above, and in the News Release.