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Trust Land Management University System Highlights FY 2007

Trust Land Management University System Highlights FY 2007. History of the University System Lands. Authority for establishing these trusts is included in sections 14, 16, and 17 of the Enabling Act of 1889 and in the Morrill Act of 1862 and 1890.

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Trust Land Management University System Highlights FY 2007

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  1. Trust Land Management University System Highlights FY 2007

  2. History of the University System Lands Authority for establishing these trusts is included in sections 14, 16, and 17 of the Enabling Act of 1889 and in the Morrill Act of 1862 and 1890. University System Original Grant Acreage Institution Original Grant Acres* Montana Tech (School of Mines) 100,000 State Normal School100,000 Agricultural College MSU – Morrill Grant 90,000 MSU – Second Grant 50,000 University of Montana 46,080

  3. TRUST LAND MISSION Manage (leadership)the State Trust Lands to produce revenues for the trust beneficiaries (fiduciary), while considering environmental factors and protecting future income-generating capacity of the land (stewardship).

  4. MONTANA DEPARTMENT OF NATURAL RESOURCES AND CONSERVATION TRUST LAND MANAGEMENT DIVISION DIVISION ADMINISTRATOR Admin. Officer AGRICULTURE & GRAZING MGMT. FOREST MGMT. MINERALS MGMT. REAL ESTATE MGMT. FIELD OPERATIONS Forest Product Sales Resource Management: Soils Hydrology Wildlife Resource Planning & Economics Reforestation Tree Improvement Seed Collection Metallic Mine Leases Nonmetallic Mineral Leases Coal Leases Oil & Gas Leases Underground Storage Leases Geothermal Leases Royalty Audits Beds of Navigable Waterways Commercial Dev. Land Banking Special Leases Secondary Licenses Easements & Right-of-way Recreational Use Exchanges Land Sales Bed of Navigable Waterways Agricultural Leases Grazing Leases Resource Development C LO E LO NE LO NW LO SLO SW LO

  5. Total Acreage University Trusts FY 2007

  6. Trust Revenues FY 2007 Net NetDistributable Nondistributable BeneficiariesRevenueRevenue University of Montana 221,675 2,471 MSU - Morrill Grant 589,337 52,613 MSU - Second Grant 1,287,709 298,680 Montana Tech 972,927 15,679 State Normal School 621,7849,589 Total $3,693,432 $379,032

  7. Summary of Gross Revenues by Program

  8. Agriculture & Grazing Management University System FY 2007 Revenues and Production

  9. Agriculture & Grazing Management

  10. Average Price per Bushel FY 2004 – FY 2008

  11. Minerals Management Mineral Revenues by Trust and Activity for FY 2007

  12. Minerals Management

  13. Minerals Management

  14. Forest Management Timber Revenues FY 2005 – FY 2007

  15. Forest Management Timber Volume (mbf) Harvested by Trust for FY 2007

  16. Real Estate Management

  17. Real Estate Management RESIDENTIAL LEASES BY TRUST

  18. Questions? VS.

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