Show Formula for federal payments in Ii lieu u of taxes faxes Pr President President Ford has signed i legislation n authorizing the Secretary of the Interior to tomake tomake make payments in lieu of real estate taxes taxes' to toco co counties counties' and t Ii ot other others r of local gove tp eigi p havin having owned federally-owned land within their borders Land owned by bythe bythe bythe the federal feder l government has historically been exempt from local taxation The new law would base payments to local units of government on the acreage of certain types of federal land within the unit on the am amount of money paid to the unit from froin revenue collected from those lands and on local population In In each case the local unit would be entitled to the greater amount of money computed ed by either one of two formulas TilE THE FIRST formula would be computed by multiplying 75 cents by the acres of specified federal lands within the unit This amount could not exceed a ceiling based on the population o of the unit The ceiling is graduated from 50 per capita for populations of and under to 20 per capita for populations of One million dollars is the Ute maximum any unit could receive under the population limitations Payments received by the local loca unit from federal land revenues as a result of other statutes would be subtracted subtracted subtracted sub sub- from the Initial calculation to arrive at the Ute actual amount the local governmental unit was due under this formula The second formula is computed by multiplying 10 cents by the total number of the Ute specified federal acres within the unit Under this formula there Utere would be no reduction for revenue shared with the unit uni but payment would still be limited by the unit population No payment of under would be made under either formula FEDERAL acres included in inthe inthe inthe the law are lands administered by the Bureau of of Land Management Bureau of Reclamation National Park Service Forest Service and Corps of Engineers does not include federal wildlife e refuges Indian lands or lands included in military bases It does not include federal lands acquired from states or local units of govern governments if if the lands were not subjected to real estate taxes prior to being acquired by the federal government Additional payment is provided to local units for National Park lands acquired after December 31 1970 if the lands were on on the tax rolls at atthe atthe the Ute time of acquisition Such payments are to be 5 percent of the value of the lands paid to the local unit at 1 percent per year per year for five years INTERIOR officials noted that all their figures a at t this time are estimates since final figures figureS' cannot be computed until state governors in the public la land d states provide information about the Ute distribution of certain receipts received from the federal land to their local governmental units This Information information information in In- formation will be requested shortly They also noted that there can be no payments until Congress has appropriated funds for these in lieu of tax payments Given current schedules congressional action on appropriations would not be likely before late spring 1977 payments would be made for forthe forthe the Ute fiscal 1977 1971 year shortly thereafter |