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DNR fm_lewis_co_0422Lewis County 2022 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 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 information regarding quarterly revenue from state forestlands. ALL REVENUE1 distributed to Lewis County in Calendar Quarter 4 (October 1 - December 31, 2022). 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. ALL REVENUE1 accrued for Lewis County this calendar year, 2022, as of December 31, 2022. 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. NET VALUE2 of State Forestland timber in Lewis County under contract as of December 31, 2022. Click here for 10-Year Revenue History. Click here for detail 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. $578,574.07 $4,370,808.00 $9,111,015.55 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 State Forest Transfer State Forest Purchase Total 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 2023 2024 2025 LEWIS COUNTY Table 2: STATE FORESTLANDS -TIMBER SALES UNDER CONTRACT (NOTE: 30 month timeline - updated every quarter) LUMP SUM SALES1 Contract #Estimated total sale value to be distributed to the County*Total Sale Distributions to the County through 12/31/2022 Estimated Remaining Value to be Distributed to the County Contract End Date JanFebMarAprMayJuneJulyAugSeptOctNovDecJanFebMarAprMayJuneJulyAugSeptOctNovDecJanFebMarAprMayJuneLiberator 98354 2,576,478.23 1,380,986.55 1,195,491.68 5/31/2023 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Point Blank 100492 1,907,542.63 - 1,907,542.63 10/31/2023 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Hatchet 100670 1,489,910.27 - 1,489,910.27 10/31/2023 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Baltimore Plot 100840 1,925,724.52 - 1,925,724.52 10/31/2024 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 American Pharoah 101297 1,050,016.44 2,442.90 1,047,573.54 10/31/2023 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Carry A Tune 101494 843,226.85 843,226.85 10/31/2023 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Thyme Machine 102792 236,930.47 236,930.47 10/31/2024 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 Crazy Hazy 102827 290,983.49 290,983.49 10/31/2024 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 Bell of the Ball 103185 173,632.11 173,632.11 10/31/2024 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 Total 10,494,445.00 9,111,015.55 SCALE SALES2 Contract #Estimated total sale value to be distributed to the County*Total Sale Distributions to the County through 12/31/2022 Estimated Remaining Value to be Distributed to the County Contract End Date No Scale Sales - 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Total - - SORT SALES3 Contract #Estimated total NET sale value to be distributed to the County*Total Sale Distributions to the County through 12/31/2022 Estimated Remaining NET Value to be Distributed to the County Harvest Contract End Date No Sort Sales - Total - - 9,111,015.55 Estimated Distribution Window eric.wisch@dnr.wa.gov 360-575-5001 If you are interested in more information related to state trust land distribution, please contact: NOTE: This table shows revenue from timber only, it does not include non-timber revenue. * This revenue is distributed by the county in accordance with RCW 79.64.110 Net Estimated Remaining Value of State Forestland Timber Under Contract 1-LUMP SUM SALES Purchaser bids a fixed total sale value. Distributions occur throughout the contract as timber is harvested and invoiced. Contract can be 2-SCALE SALES Purchaser bids a fixed price per thousand board feet for the biddable species; prices for all other species are set by DNR prior to auction. The total value for scale sales are estimates only, actual value will depend upon the amount of timber volume harvested by species. Distributions occur throughout the contract as timber is harvested and invoiced. Contract can be extended. 3-SORT SALES 1) Contractor hired by DNR harvests timber, delivers logs to individual purchasers of log sorts, and the harvester is paid for those services from the gross proceeds. Purchaser bids a delivered log value, per thousand board feet. The net value (after payment of harvesting costs) are estimates only until the project is completed. Actual net value will depend upon the amount of timber volume harvested by sort. 2) Distribution occurs once all operations are completed and the sale revenues and expenditures have been audited. Partial distributions may occasionally occur to provide revenue for the beneficiaries, or to meet the statutory requirement to maintain less than $5 million in the Contract Harvest Revolving Fund at the end of each calendar year under RCW 79 15 520 3) Contracts can be extendedSORTS Contract End Date