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County pleased with PILT funds

(Imperial County gets an increase in PILT funds)….PILT is payment in Lieu of taxes.

The funds are federal funds paid for government lands exempt from local taxes. The Department of Interior says Imperial County will receive $3.3 million in PILT funds this year. Slightly higher than last year, and the most paid anywhere else. Over half the land in Imperial County is federal land and cannot be used for development. The PILT funds will go into the counties General Fund. Board of Supervisors Chairman John Renison says the County is in a good financial position, and the PILT funds will give the county a healthy reserve in the new budget.