DOLA announces impact grant awards to 33 local governments
FOR IMMEDIATE RELEASE
Denise Stepto, 303-241-8364 c. email@example.com
DENVER – Tuesday, August 11, 2015 – The Colorado Department of Local Affairs’ (DOLA) Division of Local Government has announced the award of $30,460,661 to 33 local governments as part of the Cycle 15-7 Tier II Energy and Mineral Impact Assistance Program.
The purpose of the Energy and Mineral Impact Assistance Program is to assist political subdivisions 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.