43 CFR 44.51 – Are there general procedures applicable to all PILT payments?
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(a) The minimum payment that the Department will disburse to any local government is $100.00 (one hundred dollars).
Terms Used In 43 CFR 44.51
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(b) If Congress appropriates insufficient monies to provide full payment to each local government during any fiscal year, the Department will reduce proportionally all payments in that fiscal year.