$57 Million for Trust Endowments in FY2020
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 »
Gunnison Community Secures Historic G-Hill
The Gunnison City Council, led by Mayor Lori Nay, voted to purchase 20 acres of trust lands that are home to the iconic “G” above Gunnison City. The Council approved the purchase and a measure to lease and improve recreation around G-Hill at its Wednesday, November 4 meeting. “This is a great day for our… Read more »
42,000 Seedlings Planted in Cache, Weber, and Duchesne Counties
Utah foresters, landowners, resort employees, and a state contractor planted 42,100 seedlings over the past week in Cache, Weber, and Duchesne counties. All locations are sites of multi-year reforestation and rehabilitation projects and represent three different forest management issues: fuels reduction, infestation, and wildfire. These small seedlings are a big part of proactive forest management… Read more »
Competitive Mineral Lease Offering Earns $400K for Trust Beneficiaries
The SITLA Oil and Gas, and Minerals groups held their quarterly lease offering in October generating approximately $400,000 for three trust land beneficiaries: public schools, state reservoirs, and the University of Utah. The October lease offering generated $397,579.12 in bonus bids, largely for oil and gas, on approximately 6,000 acres of trust lands within Duchesne,… Read more »
January 21 | Board of Trustees Meeting
The School and Institutional Trust Lands Board of Trustees will meet and discuss several lands and operational issues. Please view the full agenda, which includes information about registering for this remote meeting.February 18 | 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.March 18 | 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.April 15 | 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.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 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.
