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HomeMy WebLinkAboutR03-027 Distribution of Federal Mineral Leasing Funds• ~ Commissioner moved adoption of a following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION N0.2003 - J A RESOLUTION NOTIFYING THE STATE TREASURER TO DISTRIBUTE FEDERAL 1VIINERAL LEASING FUNDS IN ACCORDANCE WITH THE PROVISIONS OF § 3463-102, C.RS. WHEREAS, Section 34-63-102 of the Colorado Revised Statutes provides for a distribution of a portion of those moneys received by the State Treasurer pursuant to the provisions of the Federal Mineral Lands Leasing Act of February 25, 1920, for the use of public schools and political subdivisions of the State of Colorado for the planning, construction, and maintenance public facilities and for public services; and WHEREAS, 34-63-102(3)(c), C.R.S., provides that each county shall notify the State Treasurer to have at least twenty-five percent (25%) of the money described in 34-63-102(3)(a) distributed to any school district within the county specified; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the State Treasurer is hereby directed to distribute a total of twenty-five percent (25%) of moneys described in 34-63-102(3)(a), C.R.S., to the school districts within Eagle County. THAT, the twenty-five percent (25%) allocated to the public school districts within the county shall be divided in proportion to which the average daily pupil attendance of each district during the preceding school year bears to the aggregate average daily pupil attendance in all districts in Eagle County during said school year. The aggregate average daily pupil attendance in Eagle County for the school year 2002-2003 is 5,672.1 pupils. The average pupil attendance of each school district within Eagle County, and the resulting percentages, are as follows: District Average Attendance Eagle County Re50J 4,657.0 Roaring Fork RE-1 1,013.1 West Grand Dist. 1-JT 2.0 Percentage of 25% 82.10% 17.86% 0.04% M • THAT, the Board further requests, in accord with Section 34-63-102 of the Colorado Revised Statutes, that the State Treasurer disburse the remaining money allocable to Eagle County to the Treasurer of Eagle County. IT IS FURTHER RESOLVED that the office of the County Administrator is directed to mail a copy of this Resolution to the State Treasurer as Eagle County's notification and direction as to disbursement of said mineral leasing funds. MOVED, READ AND ADOPTED by the Board of County Co 's Toners of the County of Eagle, State of Colorado, at its regular meeting held th~~~'~day of 2003. o`~~~~c ~~ ATTEST: ~ '~ ~~~~~~~ G~lerk to the Board of County Commissioner Michael L. Gallagher Commissioner To e C mmi ner m Commissioner Commissioner seconded adoption of the foregoing resolution. The roll having been called, the vote as follows: Commissioner Gallagher Commissioner Stone Commissioner Menconi ~~~ This Resolution passed by ~./L~j~~/~p1~,~ a of the Board of County Commissioners of the County of Eagle, State of Colorado. G:\Paralegal\Reso\TreasureruVlineral Leasing Funds.wpd COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS -2- ~~_ k `~ CERTIFICATION OF COUNTY PUBLIC SCHOOL FUND ALLOCATIONS t ~ FISCAL YEAR 2002-03 COUNTY FY 2002-03 PUBLIC FUNDED PUPIL SCHOOL FUND COUNTY SCHOOL DISTRICT COUNT PROPORTIONS EAGLE EAGLE COUNTY RE-50 EAGLE ROARING FORK RE-1 EAGLE WEST GRAND 1-JT COUNTY TOTAL CDE, Public School Finance Unit 4,657.0 82.10% 1,013.1 17.86% 2.0 0.04% 5,672.1 100.00% 2/12/2003 OFFICE OF THE COUNTY ATTORNEY (970) 328-8685 FAX (970) 328-8699 :~ f~GL~ COUNIY February 26, 2003 Mike Coffinan, Colorado Treasurer State of Colorado Department of Treasury 140 State Capitol Denver, CO 80203 Re: Mineral Leasing Allocations to School Districts Dear Mr. Coffman: Eagle County Building P.O. Box 850 500 Broadway Eagle. Colorado 81631-0850 Enclosed is Eagle County Resolution No. 2003-27 Notifying State Treasurer to Distribute Federal Mineral Leasing Funds in Accordance with the Provisions of Section 34-63-102, C.R.S. Please do not hesitate to contact me if you have any questions or require anything further. Sincerely, _, ' ~_ Bryan R. Treu Assistant County Attorney BRT js Enclosure xc: Karen Sheaffer Eagle County Treasurer State of Colorado Department of the Treasury Mike Coffman State Treasurer February 07, 2003 =' R ~`h 4 ~. o, ~ .rr O~ ~* '~ ...no~-~ Benson M. Stein Deputy Treasurer Eagle County Treasury P.O. Box 479 Eagle, CO 81631 RE: Mineral Leasing Allocations to School Districts _. (C.R.S.34-63-102) Dear Board of County Commissioners: Colorado statutes provide that at least 25% of the county share of the federal Mineral Lease distribution be paid to school districts within the county. The statutes also require that counties .report to the State Treasurer's office each calendar year regarding the percentage breakdown-for distribution to each school district within the county boundaries. The law does not allow the State Treasurer to disburse funds until the notifications are received. If the county elects to have the distribution as per 34-63-102 (C)(II)(A), please designate the year of election. The school district distribution will be as per statute, the most recent funded pupil count, as determined pursuant to the "Public School Finance Act of 1994." You are requested to submit the required notification by March 5, 2003 so that distributions for calendar year 2003 can be made promptly. _ Please note that the mineral lease payment to the county may be paid electronically. If you are not receiving these .payments electronically and would like to, please call Ms. Cindy Johnson in my office at 303/866-4948. Mineral lease payments are made quarterly, usually around the middle of the first month of the new quarter. The electronic abbreviation on your bank statement for the payment will be MNRL LEASE. If you do not have electronic payments and would like to receive your payments via EFT, please contact Cindy Johnson. Si , Mike Coffman Colorado Treasurer (303)866-2441 140 State Capitol (303)866-2123 Denver, CO 80203