Trust Lands Are Site for New Hospital in Washington County

SITLA finalized a development project with Steward Health Care, the nation’s largest private, physician-owned health care network. Steward will build a new state-of-the-art hospital on trust lands in Washington County. The new hospital will be located within the City of Washington at the milepost 13 interchange off Interstate 15. Washington connects with St. George and… Read more »

Land Trusts Protection & Advocacy FY 2020 Reports

The Utah Land Trusts Protection and Advocacy Office released its FY 2020 Annual Report and FY 2020 Beneficiary Reports. These reports outline the Utah School and Institutional Trust System revenue, investments, and distributions for July 1, 2019 through June 30, 2020.    The Utah Legislature created the Land Trusts Protection and Advocacy Office in 2018…. Read more »

Agencies Debut New Utah Trust System Video

Utah State Treasurer David Damschen narrates a new video explaining the Utah School and Institutional Trust System. The video outlines the four agencies tasked with managing Utah’s trust system. Treasurer Damshen explains the history of the Trust, which began in 1894. He also explains each agency and their separate fiduciary responsibilities. Trust Land Management: School… Read more »

$2 Billion in Revenue, FY2020 Annual Report

Fiscal year 2020 helped SITLA reach $2 billion in total revenue since the agency’s inception in 1994. SITLA manages Utah’s 3.4 million acres of trust lands on behalf of 12 beneficiaries. The agency generates revenue from energy, minerals, real estate, and surface development. Please see the SITLA FY2020 Annual Report, which includes updates from each… Read more »

Auction Nets $1.37M for K12, School for the Deaf

SITLA sold seven trust land parcels at its biannual public auction this week. The land auction generated $1,372,750 for two trust land endowments, K12 public schools and Utah School for the Deaf. All but one of the eight parcels offered by SITLA sold during the agency’s first online public auction. The 1.47-acre Highway 91 parcel… Read more »

March-April 30 | Request for Proposals – San Juan Leasing Opportunity
LEASE OPPORTUNITY:  The State of Utah, Trust Lands Administration is seeking bids from individuals to lease the following property in San Juan County:  T29S, R23E, Section 16: W2SE4, SW4 (approximately 240 acres, more or less).  Bids are due April 30, 2021.  For details regarding the bid process, for a copy of the map, or for more information, please contact Bryan Torgerson at (435) 259-7417 or by email at bryantorgerson@utah.gov.
April 15 | Board of Trustees Meeting
The School and Institutional Trust Lands Board of Trustees will meet by virtual, electronic means to discuss several lands and operational issues. Please see the full agenda.
May 20 | Board of Trustees Meeting
The School and Institutional Trust Lands Board of Trustees will meet and discuss several lands and operational issues. The full agenda will be posted when it becomes available.
June 9-15 | Online Land Sale Auction
SITLA offers eight properties during its online land sale auction. Trust land parcels ranging from one to 652 acres in Carbon, Duchesne, Garfield, Iron,  and Sanpete counties are available. All proceeds from the sale will be deposited into the permanent endowment for public education. Find all information on the upcoming sale, including parcel maps, photographs, descriptions, and bid start/end times.
June 17 | Board of Trustees
The School and Institutional Trust Lands Board of Trustees will meet and discuss several lands and operational issues. The full agenda will be posted when it becomes available.
August 19 | Board of Trustees
The School and Institutional Trust Lands Board of Trustees will meet and discuss several lands and operational issues. The full agenda will be posted when it becomes available.
October 21 | Board of Trustees
The School and Institutional Trust Lands Board of Trustees will meet and discuss several lands and operational issues. The full agenda will be posted when it becomes available.
November 18 | Board of Trustees
The School and Institutional Trust Lands Board of Trustees will meet and discuss several lands and operational issues. The full agenda will be posted when it becomes available.