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Show Moab, Grand Co. Gain Funds From Federal Law Grand County will receive $184,185 as its portion of Federal revenue sharing funds to be distributed in 1972 under thecompromiseagreed to by the U.S. Senate-House Conference Committee. This was disclosed in an analysis prepared by Utah Foundation, the private research organization. organi-zation. According to the Foundation study, allocations to the county coun-ty government in Grand County Coun-ty will total S103.575, while distributions to cities and towns within the county will amount to S80.610. The expected ex-pected allotment to Moab in 1972 is S80.610. Altogether, the revenue-sharing revenue-sharing compromise worked out by the Conference Committee Com-mittee will provide state and local units in Utah with $31.4 million in new revenue this' year. Approximately $20.9 million of this Federal money will be allocated to cities and counties and $10.4 million mil-lion will go to the State Government. Gov-ernment. Previously, two differing versions of Federal revenue sharing had been passed one by the U.S. House ofRep-resentatives ofRep-resentatives and one by the U.S. Senate. The allocation formula contained in the House-passed bill favored the heavily-populated industrial states. The Senate version, on the other hand, favored the poorer, sparcely-popula-ted states. Under the compromise a-greed a-greed to by the House-Senate Conference Committee, each state will be allowed to choose choo-se the more generous allocation alloca-tion under either the House or the Senate bills. This amount then was reduced by approximately approxi-mately 9 in order to keep the total cost of the program within an overall figure of $5.3 billion contained in both the House and Senate bills. Foundation analysts note that Utah, along with most low-income states will benefit bene-fit by the compromise over what would have been provided pro-vided in the House-passed revenue sharing bill. In the original House bill, Utah would have received a total ' allocation of $29.0 million in 1972. The Senate bill would have given Utah about $34.5 million in Federal revenue-sharing revenue-sharing funds. As noted, the compromise will provide U-tah U-tah with $31.4 million, or approximately 9 below the Senate version but 8 above the House bill. The Foundation analysis also al-so points out that in the original House-passed bill, Utah was the only state ranking rank-ing among the lower third in per capita income that would have received a per person revenue-sharing allocation above the U.S. average. Under the House-Senate compromise, comprom-ise, however, fourteen of the seventeen states ranking a-mong a-mong the lower third in per capita income will receive per person revenue-sharing allocations above the U.S. average. Over the next five years, more than $30 billion in Federal Fed-eral revenue will be allocated alloca-ted to state and local units across the nation. Distributions Distribu-tions in 1972 will total $5.3 billion. This sum will be gradually increased to $6.5 billion by 1976. |
