FOR IMMEDIATE RELEASE
Denise Stepto, 303-241-8364 c. email@example.com
DENVER – Wednesday, Dec. 16, 2015 -- The Colorado Department of Local Affairs (DOLA) Division of Local Government has announced the award of $31,178,734 to 32 local governments as part of the Tier II Energy and Mineral Impact Assistance Program.
The purpose of the Energy and Mineral Impact Assistance Program is to assist political subdivisions that are socially and/or economically impacted by the development, processing, or energy conversion of minerals and mineral fuels. Funds come from the state severance tax on energy and mineral production and from a portion of the state's share of royalties paid to the federal government for mining and drilling of minerals and mineral fuels on federally-owned land.