How does BLM compute PILT payments?
BLM computes payments authorized under section 6902 of the Act using the greater of the following two alternatives: (A) $2.02 (in fiscal year 2003) times the number of acres of qualified Federal land in the county (as defined above), reduced by the amount of funds received by the county in the prior fiscal year under certain other Federal land receipt sharing programs such as the twenty-five percent timber program or the mineral leasing program -or- (B) Twenty-seven cents (in fiscal year 2003) times the number of acres of qualified Federal land in the county, with no deduction for prior-year payments. Both alternatives explained above are subject to a population ceiling limitation computed by multiplying the county population times a corresponding dollar value (adjusted annually for inflation) contained in the Act.
