The SITLA Planning and Development Group will post revenues of approximately $14.6 million for the fiscal year ending June 30 and expects to see comparable or higher revenues for the coming fiscal year. Assistant Director for the Planning and Development Group, Doug Buchi, reports his group implemented the correct strategy to get through tough economic times by completing good planning, developing solid relationships with existing and future development partners, and staying the course by not compromising land values with deep pricing discounts. SITLA is seeing a rise in activity in the housing market within its Washington County real estate portfolio. Washington County has the largest land position of the Trust’s developable real estate holdings where SITLA is involved in several large developments, including Coral Canyon Master Planned Community, Sun River Active Adult Planned Community, and Hidden Valley. Though still trailing the Wasatch Front in its economic rebound, Washington County has shown significant improvement in the residential market within the last 12 months among home buyers in the high $100,000 to low $400,000 range, which is encouraging news for SITLA beneficiaries.