As I understand it, the historical commitment or the all-time high was $135 million. That times two is not quite $300 million. The obligation to PILT is $320 million. There is no chance that it is subject to full funding under this type of scenario because, under CARA, what was appropriated would be matched.
George P. Radanovich: “As I understand it, the historical commitment or the all-time high was $135 million. That times two is not quite $300…”
Editor's note · Context
Discussing funding obligations related to the Payment in Lieu of Taxes (PILT) program.
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