Rep. Jim Costa announced today that Fresno, Kern, and Kings Counties will receive $4.8 million under the Payment in Lieu of Taxes (PILT) program as compensation for lost property tax revenue from non-taxable federal lands. Though the guaranteed funds for the PILT program expired last year, Costa has urged the Surface Transportation Reauthorization Conference Committee to extend the program. Fresno, Kern, and Kings Counties rely on these funds to help keep teachers, police, firefighters, and nurses on the job.
"We benefit greatly from the conservation, recreation, and energy production that occurs on our public lands, but our counties miss out on the much-needed tax revenue," said Costa. "In light of recent budget difficulties, our Valley Counties need all the help they can get to keep teachers in the classroom and law enforcement on the street. This program helps our counties bridge the budgetary gap, and I will keep fighting to see this program extended."
Local governments receive funding through the PILT program based on the number of acres of federal land within each jurisdiction and population.