Thomas Mitchell : Ownership of land better than paltry PILT payouts
It is that time of year again, when counties in Nevada and across the West squat on the street corner with their tin alms cups extended anxiously awaiting the tinkling sound of a few coins from the federal till — otherwise known as Payment in Lieu of Taxes (PILT).
Since 1977 Congress has parsimoniously paid out pennies on the acre to local governments to make up for the land the federal government controls but on which it pays no local property taxes. Since 85 percent of Nevada land is controlled by various federal agencies that is a lot of property tax to forgo.
Just a few weeks ago the Trump administration budget for this year proposed limiting PILT funding to an average of the most recent 10 years or about $397 million, but this past week in Pahrump Interior Department Secretary Ryan Zinke announced at a meeting with various Nevada officials that the PILT largesse this year will be $464.6 million, a 6 percent increase over the previous year. The about-face was roundly ignored.