Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Public Finance topic
No spam. Unsubscribe anytime.
Clear Creek County approves 2024 forest‑receipts allocation agreement with school district
Summary
The Clear Creek County Board approved an agreement dividing 2024 forest receipts between the county and Clear Creek School District RE‑1; county staff said statute requires 25% of forest receipts be held for the Road and Bridge Fund and PILT (payment in lieu of taxes) revenue is unrestricted and goes to the general fund.
Get email alerts on the Public Finance topic
No spam. Unsubscribe anytime.
The Clear Creek County Board of Commissioners approved a 2024 forest‑receipts allocation agreement with Clear Creek School District RE‑1 during a voice vote at a meeting segment held in late discussion of the agenda. The motion to approve the agreement was made on the record and seconded; the chair called for the question and commissioners answered “Aye.”
County staff explained the distinction between forest receipts and PILT (payment in lieu of taxes), saying of forest receipts that “this 25% that we would keep only by statute can only go to road and bridge.” The same staff member said of PILT: “PILT goes to the general fund, and that's the big distinction … It goes into our general fund, which means we can use it for our general fund and all those other operational needs.”
Why it matters: the county will reserve 25% of the identified forest receipts for the Road and Bridge Fund as required by statute, while PILT receipts are unrestricted and flow to the county general fund. County staff identified 25% of the forest receipts as equal to $144,000 that the county will hold back for road and bridge; remaining forest‑receipts distributions will go to the school district as provided in the agreement.
During the discussion, commissioners and meeting participants asked about the size and stability of PILT funding. One participant summarized congressional responsibility for PILT funding, saying Congress “adjusts the PILT methodology” and that the program’s funding level is determined at the congressional level; another participant said there was optimism PILT would remain at similar levels but that final amounts “remain to be seen.” No vote tally by name was recorded in the transcript; the motion passed by voice vote.
The board asked for a copy of the signed allocation agreement and discussed plans to meet with the school district about the arrangement. Following the vote the board moved on and adjourned the meeting.
The record does not specify a formal numeric vote count, the full annual PILT dollar amount for the county this year, or the statute citation for the 25% requirement; those details were referenced orally but not provided in the meeting transcript segments.

