U.S. Department of the Interior
Minerals Management Service
Office of Public Affairs
NEWS RELEASE
34 STATES RECEIVE MORE THAN $575 MILLION IN FIRST NINE MONTHS
OF 2000 AS SHARE OF FEDERAL MINERAL REVENUES
The Department of the Interior's Minerals Management Service (MMS) distributed more than $575 million to 34 states during the first nine months of 2000.
"This year’s three-quarter mark exceeds the 1999 amount for the same period by $184 million. In fact, the states have already received more mineral revenues during the first nine months of 2000 than last year’s total which was $541 million" stated MMS Director Walt Rosenbusch.
The money represents the states' cumulative share of revenues collected for mineral production on federal lands located within their borders and from federal offshore oil and gas tracts adjacent to their shores. It is distributed directly to state treasuries to use, as the individual states deem necessary, without federal oversight. Oftentimes, it is used for schools, roads and other public works.
The MMS is responsible for collecting, accounting for and disbursing revenues associated with mineral leases on federal and Indian lands. Disbursements are made to states on a monthly basis, as bonuses, rents, royalties and other revenues are collected.
A state is entitled to a share of the mineral revenues collected from federal lands located within that state’s boundaries. For the majority of federal lands, states and the federal government share the revenues: 50 percent to the state, 40 percent to the Reclamation Fund for water projects, and 10 percent to the U.S. Treasury. One exception, Alaska, gets a 90-percent share, as prescribed by the Alaska Statehood Act.
Certain coastal states with federal offshore tracts adjacent to their seaward boundaries receive 27 percent of those mineral royalties as well. Remaining revenues from offshore production are deposited in special accounts of the U.S. Treasury, including the General Fund and the Land and Water Conservation Fund.
The states of Wyoming, New Mexico, Colorado and Utah received more than 85 percent of the total.
| Alabama | $10,194,730.27 | Pennsylvania | $14,542.51 |
| Alaska | $3,834,303.44 | South Dakota | $436,768.15 |
| Arizona | $62,834.48 | Tennessee | $6,582.31 |
| Arkansas | $891,678.44 | Texas | $9,919,330.87 |
| California | $17,047,736.03 | Utah | $26,347,765.65 |
| Colorado | $32,503,708.25 | Virginia | $87,594.32 |
| Florida | $5,049.93 | Washington | $1,100,743.79 |
| Idaho | $1,543,572.99 | West Virginia | $184,860.80 |
| Illinois | $101,403.23 | Wyoming | $250,861,737.44 |
| Kansas | $935,237.79 | Total | $575,896,808.99 |
| Kentucky | $32,896.66 | ||
| Louisiana | $12,844,176.88 | ||
| Michigan | $356,056.24 | ||
| Minnesota | $12,326 | ||
| Mississippi | $801,917.03 | ||
| Missouri | $609,914.71 | ||
| Montana | $15,898,896.40 | ||
| Nebraska | $11,013.82 | ||
| Nevada | $1,988,468.12 | ||
| New Mexico | $182,436,930.67 | ||
| North Carolina | $118.51 | ||
| North Dakota | $3,377,492.09 | ||
| Ohio | $112,914.73 | ||
| Oklahoma | $1,301,030.38 | ||
| Oregon | $32,475.57 |
-MMS-
MMS Internet website address: http://www.mms.gov
24 hour Fax-on-Demand Service:(202) 219-1703