BOISE — Federal officials are sending more than $26 million to Idaho counties and $15 million to Washington counties as part of the government’s payments in lieu of taxes program.
The sum is part of a record $393 million disbursement to local governments nationwide.
In Idaho, Elmore County in the southwest corner of the state got the biggest payment at $2.2 million, while Idaho County in the north-central mountains received $1.5 million. In North Idaho, Kootenai County received $565,000; Bonner, $528,000; Boundary, $161,000; Shoshone, $416,000; and Benewah, $57,000.
In Washington, Chelan County received the largest payment at $2.3 million, with Okanogan County receiving $2.2 million. Pend Oreille County received $823,000; Ferry, $762,000; and Stevens $451,000. Spokane County received about $5,000.
Counties use the money to help subsidize public schools, road maintenance and emergency services.
This year’s so-called PILT payout is the last to be funded under a 2008 federal law.
Congress is considering extending the program, which was originally intended to offset reductions in logging and timber revenue generated on federal forests.
sponsored Jargon is confusing, by definition. And the financial world has its own set of cryptic words.