Impact Fee Generates $204 Million

Governor Tom Corbett today announced that Act 13, along with greatly enhancing environmental standards to ensure the protection of our natural resources, has generated more than $204.2 million through the new impact fee.

Most of this money will be distributed directly to local communities across the state, and that includes $40,000 to the City of Bradford.

McKean County will will receive $380,000, while Norwich Township will receive $152,000 and Sergeant Township $103,000.

Bradford Township is set to receive $73,000; Foster Township $26,000; and Lewis Run Borough $3,000.

Cameron County will receive $97,000. Shippen Township in that county will get $117,000.

Elk County will get $371,000. Fox Township will receive $116,000; Jones, $114,000; and the City of St. Marys, $113,000.

Potter County will receive $530,000. Pleasant Township will get $123,000 and West Branch Township, $167,000.

“The Marcellus Shale industry has provided Pennsylvania with numerous family-sustaining jobs, economic growth and the potential for energy independence,” said Senator Joe Scarnati. “I am pleased that the municipalities and counties where drilling takes place will soon be receiving significant assistance, without placing any increased tax-burden on citizens.”

October 15, 2012 - Senator Scarnati speaks at the Marcellus Shale impact fee local government revenue distribution announcement from Senator Scarnati on Vimeo.

You can see the breakdown of distribution here. PDF

The news leader of the Twin Tiers ... since 1947

Comments

Popular posts from this blog

Arrests in Operation Diamond Drop

Two Arrested on Drug Charges

Cops: Man Had Sex with 13-Year-Old