SITLA Land Transfers, Exchanges: $440M and 508K Acres Protected
On behalf of public schools, state hospitals and universities, the Utah School and Institutional Trust Lands Administration (SITLA) has worked on and continues to collaborate on land transfers, exchanges, and other transactions with the federal government to protect state trust land holdings. Collectively, these land transactions have generated approximately $441.73 million for SITLA beneficiaries as […]
Utah’s K-12 Trust Fund Now Tops $2B, Grows $1B in Less Than Five Years
It took 116 years to accrue the first billion dollars in Utah’s K-12 Permanent School Fund, but fewer than five years to generate the second billion. The Utah State Office of Education (USOE), along with State Treasurer Richard K. Ellis and School and Institutional Trust Lands Administration (SITLA), recognized the $2 billion milestone today. “Rapid […]
SITLA Joins Governor Herbert – Executive Order for Greater Sage-Grouse
SITLA Director Kevin Carter joined Governor Gary R. Herbert as he issued an executive order to help ensure a healthy sustainable population for the Greater Sage-Grouse. The executive order ensures Utah state agencies do their part to prevent an Endangered Species listing. The U.S. Fish and Wildlife Service is under court order to decide whether […]
SITLA Files Lawsuit to Protect School Trust Lands from Wild Horse Populations
The Utah School and Institutional Trust Lands Administration (SITLA) filed a lawsuit against the U.S. Department of Interior and Utah Bureau of Land Management (BLM) asking the BLM to comply with the federal Wild Free-Roaming Horses and Burros Act and remove wild horse populations from select school trust lands in Emery, Iron, and Beaver counties. […]
School LAND Trust Funds at Highland High School
SITLA Director Kevin Carter, Deputy Director Kim Christy, and School Children’s Trust Director Tim Donaldson had the pleasure of visiting Highland High School to learn about their Freshmen Success Program, which is funded with School LAND Trust Funds. Highland’s Freshmen Success Program gives academic and moral support to students entering the high school. Carter, Christy, […]
SITLA Quarterly Lease Offering Generates $1.06M for Beneficiaries
The SITLA Oil and Gas, and Minerals groups held their quarterly lease offerings in January, generating more than $1.06 million for beneficiaries. The January lease offering generated more than $1 million in bonus bids, largely in oil and gas within Duchesne County. The offering also resulted in leases on a 640-acre mining parcel in San […]
Utah PTA Presented with Friend of the Trust Award
The Utah School and Institutional Trust Lands Administration (SITLA) presented the Utah PTA with its 2015 Friend of the Trust award. While presenting the honor to Utah PTA President Liz Zentner, SITLA Director Kevin Carter cited the PTA’s many years of support to the agency and the accompanying growth of the state’s Permanent School Fund. […]