Managing State Trust Lands Fiduciary Duty in the Changing West
California Trust Land
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California State Lands Commission Land Management Division 100 Howe Ave Suite 100 South Sacramento, CA 95825-8202 916-574-1900 |
| Of Interest | |
|---|---|
| State Resources | |
| Current Land Holdings | 469,000 surface acres; 790,000 subsurface acres (23 percent of original land grant of 5.5 million acres) |
| Uses | land sales, agriculture, grazing, rights of way, mining of minerals, oil and gas |
| Primary Revenue Source | geothermal royalties |
| Trust Requirements | Lands are held in trust pursuant to the state enabling act and state constitution. Lands are managed by the California State Lands Commission under the direction of two elected officials, the Lieutenant Governor and State Controller, and the Director of Finance who is appointed and serves at the pleasure of the governor. |
| Beneficiaries |
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