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HomeMy WebLinkAboutUPDATE DNR 10:30 a.m. Regular Agenda JEFFERSON COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST TO: Board of County Commissioners FROM: Adiel McKnight,Executive Assistant DATE: March 18,2024 SUBJECT: UPDATE re: Washington State Department of Natural Resources 2023 4th Quarterly County Income Report STATEMENT OF ISSUE: Bill Wells, DNR Regional Manager, and Drew Rosanbalm, DNR Assistant Region Manager-State Lands, will provide the Commissioners with an update regarding the Washington State Department of Natural Resources Quarterly County Income Report. FISCAL IMPACT: DNR Representatives will discuss timber sales and revenue reports. RECOMMENDATION: No Action Required REVIEWED BY: Mark McCaule ounty Administrator Date Jefferson County 2023 Quarterly Income Report — Quarter 4 The Washington State Department of Natural Resources manages more than 600,000 acres of state forestlands in Washington. State forestlands generate revenue that helps support OW 4, .00 counties and local services.The lands are located in 21 counties,though the amount of / acreage of trust land varies considerably by county.This report provides county-specific is A information regarding quarterly revenue from state forestlands. $'' 3 '" ALL REVENUE' distributed to Jefferson County in Calendar Quarter 4 (October 1 - December 31, 2023). Due to the specific date monies are received by the Department and the cutoff dates used by the State Treasurer for wire transfers, the revenue for the current period may be different than actual remittances received by the county. $53,972.07 ALL REVENUE' accrued for Jefferson County this calendar year, 2023, as of December 31, 2023. For reporting purposes, DNR follows the modified accrual basis of accounting per Generally Accepted Accounting Principles(GAAP). Under this measurement focus, revenues are recognized and recorded when they become both measurable and available,i.e.,when invoiced. $4,432,494.00 NET VALUE2 of State Forestland timber in Jefferson County under contract as of December 31, 2023. $891,503.86 Click here for 10-Year Revenue History. Click here for details about timber sales under contract. 1 All revenue refers to distributions from timber and non-timber sources. 2 Net value of timber includes the estimated value of timber currently under contract and does not include the estimated value from non-timber sources. There are two types of state forestlands: State Forest Transfer lands, and State Forest Purchase lands. 1. State Forest Transfer Lands.These are lands acquired by counties through tax foreclosures that were subsequently turned over to the state. The Department of Natural Resources currently manages more than 538,000 acres of these forestlands in trust for 20 counties. Revenue from State Forestlands is distributed in accordance with RCW 79.64.110. Based on population, Skamania and Wahkiakum Counties have different distribution requirements compared with other counties. 2. State Forest Purchase Lands.State-issued bonds were used to acquire certain parcels of forestland from private owners.Typically, these forestlands had been logged and were in need of active management. Allocation of revenue from these lands was determined when purchase was authorized, as follows: 26.5 percent to the county in which the property is located; 50 percent to DNR for management expenses; and the remaining 23.5 percent to the State General Fund. State Forestlands Current as of 04/09/2021 Total State Forest Transfer State Forest Purchase Acres Clallam 93,018 242 93,260 Clark 26,497 3,850 30,347 Cowlitz 11,083 275 11,358 Grays Harbor 2,315 29,033 31,348 Jefferson 14,706 16 14,722 King 22,908 0 22,908 Kitsap 7,561 79 7,640 Kittitas 0 3 3 Klickitat 20,360 41 20,401 Lewis 39,999 3,069 43,067 Mason 28,344 561 28,905 Okanogan 42 0 42 Pacific 14,839 8,163 23,002 Pierce 8,880 3,339 12,219 Skagit 86,146 2 86,148 Skamania 37,917 4,461 42,378 Snohomish 62,480 1,681 64,161 Stevens 160 41 201 Thurston 20,019 23,531 43,550 Wahkiakum 12,405 0 12,405 Whatcom 29,241 996 30,237 Total Acres 538,918 79,384 - 618,302 i! ;§lF-5Z'„• | = -; 2r. 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