Pennsylvania impact fees expect to drop again in 2017
Wednesday, July 20, 2016
The Pennsylvania Independent Fiscal Office released projections about the state’s shale drilling impact fees July 14. Impact fee collections are expected to fall in 2017 due to low commodity prices and slowed drilling, according to Pittsburgh Post-Gazette PowerSource.
An early 2016 estimate for this year’s impact fee collections estimated $185.5 million, with the actual figure ending up as $187.7 million.
In 2017, drillers are expected to pay between $5.4 million and $56.5 million total. Impact fees are collected in April and distributed by July to communities where the drilling has taken place, as well as to other state agencies.
Read more: Pittsburgh Post-Gazette PowerSource > Shale gas impact fees expected to drop again in Pennsylvania
More about Pennsylvania impact fees:
- 2015 impact fees may have dropped, but Washington and Greene counties still receive millions< – June 21, 2016
- Impact fees fuel housing funding in Pennsylvania – May 10, 2016
- Pennsylvania impact fees will sharply decline this year – Feb. 21, 2016
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
Shale FAQ
What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.