Land Sale: Community Development, $8.8M for Permanent School Fund

The School and Institutional Trust Lands announced the sale of 193 acres of school trust land to Jack Fisher Homes for development of the Brillo Del Sol master-planned community in the Green Springs area of Washington City. The transaction generated $8.8 million in proceeds to benefit Utah’s public school students. The funds will be deposited […]

SITLA and Proposed Expansion of the Utah Test and Training Range

Senators Orrin Hatch and Mike Lee have announced their intent to move forward next year with legislation to expand the Utah Test and Training Range (UTTR). This legislation will support emerging defense needs and will solidify the future of Hill Air Force Base. Also included in the UTTR legislation is authorization for the exchange of […]

Land Sale Auction Earns $362K for Public Schools, Teaching Colleges

The School and Institutional Trust Lands Administration (SITLA) sold four trust land parcels at its public auction October 30, earning $362,000 for Utah’s public schools and teaching colleges. SITLA generated $307,000 for public schools with the sale of three parcels: a 38-acre Otter Creek parcel in Piute County; 40-acre Rock Point parcel in Uintah County; […]

Ceremony at Fort Duchesne Commemorates Land Transfer Benefiting Ute Tribe, Public Schools

The Ute Indian Tribe held a celebration at Fort Duchesne Thursday, October 9 marking passage of the Hill Creek Cultural Preservation and Energy Development Act (H.R. 356/S.27), which passed both U.S. congressional houses and was signed by President Obama  in July of this year. This federal legislation protects environmentally sensitive Ute tribal lands while generating oil and gas revenues […]

Lt. Governor Rides Safely and Responsibly, Urges All Utahns To Do the Same

Lt. Governor Spencer J. Cox has agreed to become a spokesman for safe and responsible off-highway vehicle riding in Utah. The Lt. Governor joined state and federal land managers for an off-highway vehicle (OHV) ride near Strawberry Reservoir in the Uinta-Wasatch-Cache National Forest and received an update on the importance of safety and staying on […]

Land Exchange and Near Record Earnings Highlight Fiscal Year-End Report

A historic land exchange protecting Corona Arch and other scenic lands, along with $139 million in revenue, highlighted a near-record fiscal year for the Utah School and Institutional Trust Lands Administration (SITLA). Read the full annual report. Our stewardship efforts rarely make headlines, but SITLA has helped protect lands equal in number to the acreage […]

Utah K-12 Schools Receive Record $39.2M From Trust Fund, At No Cost to Taxpayers

Elementary, middle, and high schools throughout the state received $39.2 million in School LAND Trust funds for the 2014-2015 school year, at no cost to taxpayers. The School LAND Trust Office of the Utah Board of Education distributed the record $39.2 million in annual interest and dividends from the $1.9 billion Permanent School Fund. ”School […]

State Treasurer Names New Board to Manage Permanent Fund

Utah State Treasurer Richard K. Ellis announced the appointment of the School Trust Fund Board of Trustees, which will oversee the investment of the Permanent School Fund. The Fund has a balance of nearly $2 billion to which the School and Institutional Trust Lands Administration (SITLA) has contributed $1.4 billion. Annual interest income from this […]

Penstemon Conservation Agreement Finalized

A multi-agency conservation agreement to protect two species of penstemon found in the Uintah Basin was signed July 22. The agreement is a unique case of private, county, state, and federal cooperation to protect rare plant species. Signatories to the conservation agreement are the U.S. Fish and Wildlife Service (USFWS) Utah Public Lands Policy Coordination Office (PLPCO), U.S. […]

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