The School and Institutional Trust Lands Administration (SITLA) sold two parcels of school trust land at its biannual public auction held on June 25, 2014, earning $656,000 for Utah’s public schools. The 34.91-acre Buffalo Hollow parcel in Emery County sold for $46,000 and the 364-acre Sweetwater parcel in Sevier County sold for $610,000. All proceeds from the sales of school trust land are deposited into the Permanent School Fund. Interest and dividends from the $1.87 billion trust fund are distributed annually to Utah’s public schools. Last year, K-12 schools received $37.4 million. SITLA is entirely self-funded. SITLA also assisted Utah State University with the sale of an 896-acre parcel in Carbon and Emery counties. The agency holds its next land sale auction Thursday, October 30, 2014.