For Immediate Release
Contact: Anthony Flint 617-503-2116 email@example.com
CAMBRIDGE, Mass. (July 22, 2015) – A comprehensive report on the management of state trust lands in the West has been updated to reflect the latest policy innovations and best practices. State Trust Lands in the West: Fiduciary Duty in a Changing Landscape (Updated), co-authored by Peter Culp, Andy Laurenzi, Cynthia Tuell, and Alison Berry, is the product of Western Lands and Communities, a joint program of the Lincoln Institute of Land Policy and the Sonoran Institute.
The report, an updated version of the original 2006 publication, State Trust Lands in the West: Fiduciary Duty in a Changing Landscape, was presented at the Western States Land Commissioners Association’s summer conference held July 19-23 in Moab, Utah. The updated edition including new graphics, charts, and appendices, reflectsthe current status of initiatives profiled in the case studies, to better help trust land managers identify successful land management actions.
Available in print and by free download, State Trust Lands in the West (Updated) introduces readers to the concept of state trust lands, which Congress granted to each state upon inception for the purpose of supporting public institutions, primarily K-12 public schools. The report explores the history and current status of trust lands in the West, where 85 percent of the remaining 46 million acres of these lands are concentrated; and offers examples of initiatives to help land managers and other interested parties fulfill their multiple trust responsibilities while producing larger, more reliable revenues for trust beneficiaries, accommodating public interests and concerns, and enhancing the overall decision-making environment for trust management.
State trust lands are an often misunderstood category of land ownership in the U.S. According to Stephanie Sklar, CEO of the Sonoran Institute, ”This popular report was updated and reprinted so it can continue to serve as an introductory primer on the issue; one that clearly illustrates the varying degrees of flexibility the states have in managing their trusts, all while meeting their fiduciary responsibility to the beneficiaries.” The Sonoran Institute makes a practice of sending this report annually to all new trust land managers, she said. “The history and core content of the report have not changed significantly, but providing updated data makes the report more timely and useful.”
State Trust Lands in the West and a companion website, www.statetrustlands.org, show how the states compare to one another: how much land each state holds in trust; the type of revenue generating activities conducted on trust lands; who the beneficiaries are; and the annual revenue generated and distributed to the beneficiaries. Across the West, communities are changing rapidly as a result of both population growth and an ongoing nationwide shift toward a more diversified, knowledge-based economy. This report presents strategies and approaches state trust land managers have taken in response to the changes:
· Establish comprehensive asset management frameworks that balance short-term revenue generation with long-term value maintenance and enhancement
· Incorporate collaborative planning approaches with external stakeholders to achieve better trust land management
· Encourage real estate development activities that employ sustainable land disposition tools and large-scale planning processes, especially in fast-growing areas
· Support conservation projects that enhance revenue potential, offer ecosystem services, and allow multiple uses of trust lands
· Introduce comprehensive reforms to expand the flexibility and accountability of trust land management systems
Earlier this year the Lincoln Institute published a related report, Conserving State Trust Lands, by Susan Culp and Joe Marlow, examining strategies to conserve state trust lands with ecological and environmental value, while maintaining the trust obligation to earn revenue for K–12 schools and other beneficiaries.
About the Authors
Peter W. Culp is a partner with Squire Patton Boggs in Phoenix, Arizona. Andy Laurenzi is the Southwest Field Representative for Archaeology Southwest, where he manages the cultural resource protection efforts in Arizona and New Mexico. Cynthia C. Tuell is a law clerk for the Honorable Jan Kearney in the Arizona Superior Court in Pima County, and a former intern at the Sonoran Institute. Alison Berry is the energy and economics specialist at the Sonoran Institute, where her work focuses on land use issues in the West.
State Trust Lands in the West (Updated)
Fiduciary Duty in a Changing Landscape
By Peter W. Culp, Andy Laurenzi, Cynthia C. Tuell, and Alison Berry
July 2015 / 72 pages / Paper / $15 / ISBN 978-1-55844-323-5
The Sonoran Institute is a nonprofit organization that inspires and enables community decisions and public policies that respect the land and people of western North America. Join us throughout 2015 in celebrating a landmark 25 Years Strong, Shaping the Future of the West.
The Lincoln Institute of Land Policy is the leading resource for key issues concerning the use, regulation, and taxation of land. Providing high quality education and research, the Lincoln Institute strives to improve public dialogue and decisions about land policy.
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