Interior Announces FY 2017 PILT Payments
On June 26, 2017, the Department of the Interior (DOI) announced $464.6 million in payments to counties under the Payments in Lieu of Taxes (PILT) program for fiscal year (FY) 2017. These payments compensate local governments—usually counties—for property tax revenue that would otherwise be collected on non-taxable land owned by the federal government.
The FY 2017 PILT payments are the largest amount ever allocated, and represent a 2.9% increase over FY 2016. This Issue Brief provides background on PILT and details on the FY 2017 payments.