Mineral Lease Payments

These payments are made quarterly, usually around the middle of the first month of the quarter depending upon when the information is received from the federal government. (Distribution Flow Chart )

 

NOTE:  The August 2008 distribution was the last distribution of federal mineral lease receipts from the Colorado State Treasury to your jurisdiction.

Senate Bill 08-218, which passed in the most recent state legislative session, made significant changes to the method and process for these distributions of federal mineral lease receipts to local governments.

Starting on July 1, 2008, the local government direct distribution formula payments will be made by the Department of Local Affairs (DOLA).  Under the new ANNUAL distribution method, the first payment you will receive under the new legislation will be in August 2009.

DOLA will be mailing out informational materials on this new distribution.  You can also check their web site at www.dola.colorado.gov/directdistribution or contact them at 303-866-2771.

Taylor Grazing Act/Sale of Land-Materials Payments

(Section 3 and 15 and Public Law 136)(CRS 35-45-108)

These payments are made annually, usually around December or January depending upon when the information is received from the federal government.

National Forest Receipts/Federal Flood Control Project Payments

(Act of Congress, May 1908)(CRS 30-29-101 & 102)

These payments are made once a year depending upon when the   information is received from the federal government. Usually the national forest payments are made in December and the flood control payments are made quarterly. All of these payments can be received via an electronic funds transfer

(EFT Authorization Form). Questions about EFTs and specific payments may be directed to Cindy Johnson at (303) 866-4948.