County board approves amendment to create Tom Rookovina mineral‑royalty scholarship endowment
Mar 10, 2026
The St. Louis County Board voted to direct county administration and the auditor to establish an endowment for the Tom Rookovina mineral‑royalty scholarships, moving roughly $2.2 million in corpus funds into a protected account and authorizing an evergreen agreement; supporters said the change locks in the scholarship’s future, while critics warned it ties up flexible funds amid budget pressures.
The full story
The St. Louis County Board on Wednesday approved an amendment directing county administration and the auditor to establish an educational endowment for the Tom Rookovina mineral‑royalty scholarships and to deposit the existing corpus into that endowment by Dec. 14, 2026.
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