Managing State Trust Lands Fiduciary Duty in the Changing West
In partnership with Sonoran Institute
Idaho Trust Land
 click map to enlarge |
Idaho Department of Lands 300 North 6th Street, Ste 103 P.O. Box 83720 Boise, Idaho 83720-0050 208-334-0200 |
| Of Interest | |
|---|---|
| State Resources | |
| Current Land Holdings | 2.5 million surface acres (68 percent of original land grant of 3.65 million acres); 3 million subsurface acres |
| Uses | timber, mining of minerals, residential real estate, commercial development, grazing and agriculture |
| Primary Revenue Source | timber |
| Trust Requirements | Generally referred to as "endowment lands," these lands are held in trust pursuant to the state enabling act and state constitution, but without an express indication that these lands are to be held in trust. There are a series of restrictions on the use of these lands and the proceeds from such uses, including requirements to "secure the maximum long-term financial return" to the beneficiary and to prohibit the sale of lands for less than the "appraised price." Lands are managed by the Idaho Department of Lands (IDL), Idaho State Board of Land Commissioners (ISBLC), consisting of the governor, superintendent of public instruction, secretary of state, attorney general, and state controller, and led by the director of the IDL who is appointed by the ISBLC. |
| Beneficiaries |
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