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State treasurer urges audit of state land leases, citing low fees and missed revenue
Management Audit Committee · March 6, 2026
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Summary
State Treasurer Kurt Meyer urged a management audit of state land leases to assess low flat fees (examples cited) and consider royalty or market‑based approaches to increase returns for public education.
State Treasurer Kurt Meyer asked the Management Audit Committee to examine returns on state land leases, arguing the state has not done a deep review in decades and that some flat fees appear disproportionate to market values.
Meyer cited examples to illustrate his point: "They're, like, $2 an acre every 2 years" for some…
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