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The Effect Of Federal Compensation For Public Lands On Local Government Revenues In Idaho Item Info

Title:
The Effect Of Federal Compensation For Public Lands On Local Government Revenues In Idaho
Creator:
Dailey, Patricia; Cooke, Stephen
Date Created (ISO Standard):
1994-02-21
Description:
In Idaho, federal forest and rangelands are 63% of the total area. The issues are whether federal compensation to local governments to support public services equals the private tax revenue forgone and whether this compensation changes with a change in resource use. Using tax equivalency ratios, the results shows that Idaho's local governments in 1991 were no worse off, on average, with public lands remaining in public ownership. Federal compensation returned more on forest than on grazing land. These results are sensitive to assumptions about forest land productivity. Measures of 'use equivalency' showed that federal compensation formulas created a financial self-interest for local government officials in extractive uses of public lands to maximize federal compensation received. Federal PILTs do not offset revenue sharing losses on a 1:1 bases as resource uses change. Senate bill S. 455 that changes the PILT funding levels is one example of a policy change that would help break the current structure of incentives that favor extractive uses of public land resources in Idaho.
Subjects:
public finance land management land valuation Impact analysis
AgEcon Search Subjects:
Public Economics Land Economics/Use Research Methods/ Statistical Methods
Series:
Agricultural Economic Research Series
Publisher:
University of Idaho College of Agriculture
Departments:
Department of Agricultural Economics and Rural Sociology
Source:
Agricultural Economic Research Series no. 94-04, College of Agriculture, University of Idaho
Source Identifier:
aers94-04
Type:
Text
Format Original:
document
Format:
application/pdf
Language:
eng
Contributing Departments:
Department of Agricultural Economics and Rural Sociology

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Source
Preferred Citation:
"The Effect Of Federal Compensation For Public Lands On Local Government Revenues In Idaho", Agricultural Economics Research Series, University of Idaho Library Digital Collections, https://www.lib.uidaho.edu/digital/aers/items/aers269.html
Rights
Rights:
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