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State Trust Lands

Diversifying revenue on New Mexico state trust lands

September 2021

New activities can help guarantee and diversify future revenue from New Mexico state trust lands, complementing the successful Land Grant Permanent Fund.

Newsletter: November 2019

November 2019

Our latest newsletter contains research on state trust lands in transition, state outdoor recreation economies, wildfire-resistant homes, and more. Subscribe to our newsletter.

State Trust Lands Part 1: The Trust Model

November 2019

State Trust Land sign posted at road with rugged landscape. Cacti and sage are throughout the landscape.

States were granted trust lands by the U.S. Congress to generate revenue to fund public institutions, primarily public schools.

State Trust Lands Part 2: Permanent Funds

November 2019

State Trust Land sign posted at road with rugged landscape. Cacti and sage are throughout the landscape.

Overspending of state trust permanent funds reduces future school funding and incentivizes sales of trust land and nonrenewable resources.

State Trust Lands Part 3: New Demands

November 2019

State Trust Land sign posted at road with rugged landscape. Cacti and sage are throughout the landscape.

Changing economies, new land uses, shifting social values, and political pressure create challenges for state trust land managers.

State Trust Lands Part 4: Implications for Federal Land Transfer

November 2019

A sign states "State Trust Land, No Trespassing" along a road in Arizona.

Advocates of transferring federal land to states point to the superior ability of state trust lands to generate revenue, but our analysis finds significant economic and fiscal disadvantages.

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