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Land Trust briefing: district told it will receive about $1.455 million next year
Summary
A presenter reviewed Utah's school trust‑land system, noting the historical origin and the School and Institutional Trust Office's distributions. The presenter said the district expects approximately $1,455,000 next year and outlined typical uses at the school level.
Board members received a Land Trust overview during the same session, hearing how Utah's trust‑land system generates revenue for public education.
A presenter summarized the legal and administrative framework, stating that the trust‑land system began under the 1894 Enabling Act and that the Trust Lands Administration and the School and Institutional Trust Office (SIFO) manage lands, investments and distributions. The presenter said the permanent trust funds have…
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