HB 12-1190 Summary

• Appropriates $345,480,990 total to the Department of Local Affairs for fiscal year beginning July 1, 2011, amending Section 2 of Chapter 335 (SB 11-209).

• Allocates funds across five divisions: Executive Director's Office ($5,090,338), Property Taxation ($3,483,914), Division of Housing ($68,545,645), Division of Local Governments ($248,458,222), and Division of Emergency Management ($19,902,871).

• Includes $166,400,000 for Local Government Mineral and Energy Impact Grants and Disbursements, $49,997,797 for Conservation Trust Fund Disbursements, and $45,000,000 for Federal Affordable Housing Construction Grants and Loans.

• Funds are appropriated from multiple sources including General Fund ($6,150,761), General Fund Exempt ($4,294,753), Cash Funds ($230,570,482), and Federal Funds ($97,281,917).

• Bill declared necessary for immediate preservation of public peace, health, and safety; approved by Governor John W. Hickenlooper.