Managing State Trust Lands Fiduciary Duty in the Changing West

Wyoming Trust Land

click map to enlarge	Wyoming Office of State Lands and Investments 122 W. 25th Street Herschler Bldg 3W Cheyenne, WY 82002 307-777-7331 Lynne Boomgaarden, Director lboomg@state.wy.us
Of Interest	Wyoming Institutional Capacity Assessment Wyoming Trust Lands and Education Funding
State Resources	Wyoming Office of State Lands and Investments 2007 Annual Report Trust Land Management in Wyoming Wyoming FY 2007 Revenues
Current Land Holdings	3.6 million surface acres; 4.2 million subsurface acres (84 percent of original land grant of 4.3 million acres)
Uses	oil and gas, mining of minerals, grazing, timber, and real estate sales
Primary Revenue Source	subsurface royalties, especially oil and gas
Trust Requirements	Lands are held in trust pursuant to state statute, giving the state legislature broad authority to establish the disposition rules for lands. Lands are managed by the Wyoming Office of State Lands and Investments (OSLI) under a director who is appointed by the governor with the consent of the Senate. OSLI serves as the advisor and administrator to the Board of Land Commissioners and the State Loan and Investment Board, each of which is composed of the governor, secretary of state, state treasurer, state auditor, and superintendent of public instruction.
Beneficiaries	common schools a state university a fish hatchery an agricultural college an insane asylum an asylum for the deaf, dumb and blind a poor farm a miners' hospital public buildings charitable, educational, penal, and reformatory institutions The University of Wyoming