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Montana to Lose $2.5M in Federal Mineral Payments


Posted Date: 
March 27, 2013

HELENA (AP) -- The U.S. Department of Interior is cutting $2.5 million in federal mineral payments to Montana over the next five months.

The reduction is part of the $110 million in cuts to 35 states that receive the mineral payments as their share of revenue from energy and mineral production that occurred on federal land within the states and offshore.

The Interior Department is making the reduction as part of the automatic federal spending cuts that started this month.

Gov. Steve Bullock's spokeswoman, Judy Beck, said Wednesday the governor's office has been notified of the cuts and state officials are reviewing the budget implications.

Read more: http://billingsgazette.com/news/state-and-regional/montana/montana-to-lose-m-in-federal-mineral-payments/article_f73699a4-7784-5c2c-bf14-b6fca2ff0ceb.html#ixzz2Opu5ZCll

 

Notes from MACo

Using some backwards calculations, we have estimated the reduction for each county below.

County

County Fiscal Year 2013
*August 2012 Payment

 

 

FY-13 Total Distribution by County

Sequestration Reduction

Revised County Estimate

Beaverhead

$18,378

$1,066

$17,312

Big Horn

$4,093,023

$237,395

$3,855,628

Blaine

$107,306

$6,224

$101,082

Broadwater

$591

$34

$557

Carbon

$332,071

$19,260

$312,811

Carter

$45,632

$2,647

$42,985

Cascade

$0

$0

$0

Chouteau

$9,573

$555

$9,017

Custer

$1,311

$76

$1,235

Daniels

$28,472

$1,651

$26,820

Dawson

$304,355

$17,653

$286,703

Fallon

$1,739,585

$100,896

$1,638,689

Fergus

$4,552

$264

$4,288

Flathead

$0

$0

$0

Gallatin

$103

$6

$97

Garfield

$18,165

$1,054

$17,112

Glacier

$6,644

$385

$6,259

Golden Valley

$3,087

$179

$2,908

Hill

$8,976

$521

$8,455

Lewis & Clark

$3,092

$179

$2,912

Liberty

$18,763

$1,088

$17,675

Madison

$1,314

$76

$1,238

Mccone

$518

$30

$488

Meagher

$0

$0

$0

Musselshell

$0

$0

$0

Park

$29

$2

$28

Petroleum

$40,864

$2,370

$38,493

Phillips

$364,351

$21,132

$343,219

Pondera

$8,299

$481

$7,817

Powder River

$251,997

$14,616

$237,381

Prairie

$94,662

$5,490

$89,172

Richland

$625,872

$36,301

$589,571

Roosevelt

$43,460

$2,521

$40,939

Rosebud

$1,699,394

$98,565

$1,600,829

Sheridan

$25,125

$1,457

$23,668

Stillwater

$14,928

$866

$14,063

Sweet Grass

$0

$0

$0

Teton

$329

$19

$310

Toole

$64,795

$3,758

$61,037

Treasure

$385,583

$22,364

$363,219

Valley

$27,514

$1,596

$25,918

Wheatland

$215

$12

$203

Wibaux

$378,362

$21,945

$356,417

Yellowstone

$577

$33

$544

County Payments

$10,771,868

$624,768

$10,147,099

Total State Payment

$43,087,471

Reduction

$2,500,000

Percentage reduction

5.80%