What is the School LAND Trust Program?
“Learning And Nurturing Development” with Trust Land Dividends
The U.S. Congress, in exchange for not taxing federal land, gave lands to Utah schools at statehood. The lands are held in a legal trust for our schools. Schools own 3.3 million acres. The lands are managed by the School and Institutional Trust Lands Administration and must, by law, be used to generate money for our schools. The money is put in a permanent savings account, which is never spent, but invested. The interest earned from the permanent fund now goes to each school in the state. Your school will get its share of the Trust Lands money because of a bill sponsored by Representative Mel Brown and Senator David Steele, which passed the 1999 Legislature and was signed by Governor Leavitt. Your education leaders in PTA, UEA, School Boards, the State Board of Education, as well as superintendents and principals, have worked diligently for decades to give this opportunity to you – use it wisely.
For other key facts on the School LAND Trust Program, click here.