Here’s the release from Governor Hickenlooper’s office. Here’s an excerpt:
Gov. John Hickenlooper and Reeves Brown, executive director of the Colorado Department of Local Affairs (DOLA), announced today $54,655,280 in annual state Severance Tax and Federal Mineral Lease Direct Distribution payments will be made to 506 Colorado counties, municipalities and school districts…
Ken Parsons, a Rio Blanco County Commissioner and member of the State’s Energy and Mineral Impact Advisory Committee said, “In these difficult economic times, this is a critical source of funding statewide for communities impacted by energy and mineral production. These funds help communities address the ongoing impacts of development, processing, or energy conversion on local infrastructure and provide assistance in sustaining the economies of their communities.”