Department of Local Affairs awards more than $37 million to local governments
DENVER, CO. – Tuesday, April 5, 2016 -- The Colorado Department of Local Affairs (DOLA) has announced the award of $37,915,873 to local governments as part of the Tier I and II Energy and Mineral Impact Assistance Program. Of these awards, $1,924.976 went to Alternative Fuels and $3,203,598 to Broadband initiatives.
“Energy impact funds are important to Colorado communities,” said Irv Halter, executive director of DOLA. “These funds help local governments make public improvements and services possible. Communities rely on these dollars to bolster their capacity.”
DOLA distributes these awards which are derived from energy and mineral extraction statewide. The purpose of the program is to assist communities that are socially and/or economically impacted by the development, processing, or energy conversion of minerals and mineral fuels. Funds come from the state severance tax on energy and mineral production and from a portion of the state's share of royalties paid to the federal government for mining and drilling of minerals and mineral fuels on federally-owned land.
For a complete list of awards, visit: http://1.usa.gov/229tCs1