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Alternative Distributions

Pursuant to C.R.S. 39-29-110(1)(c)(IV) and 34-63-102(5.4)(IV), the Executive Director may accept a memorandum of understanding (MOU) submitted by a county and all municipalities contained therein, which establishes an alternative distribution within the county than would otherwise be determined with the default subcounty factor weights. An MOU must be submitted to the Executive Director for consideration by June 30 th each year. An MOU submitted to the Executive Director for consideration must meet the following requirements:

 

  1. The MOU shall be signed by each chief elected official of the county and all municipalities contained therein.
  2. The MOU shall indicate whether the agreement applies to the direct distribution of Severance Tax, Federal Mineral Lease, or both.
  3. The MOU shall provide specific information regarding how DOLA shall distribute the county pool. The breakdown of the county pool shall be presented in the MOU in one of two ways: 
     

a.  Alternative weights of the existing factors

Population 40%
Colorado Employee Residence Reports 40%
Road Miles 20%
  100%

 

~ Or ~ 
 

b.  Percentage breakdown of the county pool per entity

County Government 25%
Municipality A 10%
Municipality B 25%
Municipality C 40%
  100%

 

4.  A description for the rationale for the methodology used to determine the alternative distribution.