Washington state celebrated its 125th anniversary this year and, as we get ready to recycle our 2014 wall calendars, it’s a good time to reflect on the legacy that state trust lands have brought to our state. Among the benefits of being admitted to the Union back in 1889 was the federal government’s transfer of three million acres of trust land to the new state. That gift continues to give back to Washington residents. In fiscal year 2014 (which ended June 30, 2014), DNR’s management of state trust lands produced $120 million for public school construction and $75 million for county services.
Washington state, of course, was not the only entity that began in 1889 and remains a viable going concern. The year 1889 also saw the founding of Carhartt, Lee (jeans), the Wall Street Journal and Nintendo (originally a playing card company). Just as those companies brought a good return to their shareholders over time, we want Washington state trust lands to continue producing clean water, viable natural habitat and sustainable revenue for our state and you.
What are the origins of state trust land funding for schools and other institutions? Read more here
How does DNR produce revenue for schools from state trust lands? Learn about it here.
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