How Trust Land Earned $1.7 billion for Colorado S chools Colorado - - PowerPoint PPT Presentation

▶
how trust land earned 1 7 billion for colorado s chools
SMART_READER_LITE
LIVE PREVIEW

How Trust Land Earned $1.7 billion for Colorado S chools Colorado - - PowerPoint PPT Presentation

Mar 10, 2023 40 likes •282 views

How Trust Land Earned $1.7 billion for Colorado S chools Colorado Counties, Inc Denver, CO February 14,2020 $1.7 Billion to Schools $717 million to BES T (school capital construction) $479 million to Permanent Fund (endowment for schools)

slide-1
SLIDE 1

How Trust Land Earned $1.7 billion for Colorado S chools

Colorado Counties, Inc Denver, CO February 14,2020

slide-2
SLIDE 2

$717 million to BES

T (school capital construction)

$479 million to Permanent Fund (endowment for schools) $386 million to S

chool Finance Act (CDE’ s operating budget)

(2008-2018)

$1.7 Billion to Schools

slide-3
SLIDE 3

TRUST LAND HISTORY

~1860s American S choolchildren ~1780s America’ s Founders

slide-4
SLIDE 4

COLORADO TRUST LAND

The Colorado Enabling Act (1875): “ sect ions

16 and 36 … are hereby grant ed t o said st at e for t he support of common schools.”

~1900 schoolhouse Gilpin, CO

slide-5
SLIDE 5
slide-6
SLIDE 6

TRUST VALUE

slide-7
SLIDE 7
slide-8
SLIDE 8

LEASING BUSINESS ES

slide-9
SLIDE 9

Most # of leases:

  • Weld (1273)
  • Moffat (471)
  • Logan (388)

LEAS ES IN YOUR COUNTIES

slide-10
SLIDE 10

LEAS ES IN YOUR COUNTIES

350-250 leases:

  • Washington
  • Elbert
  • Routt
  • Las Animas
  • Lincoln
  • Morgan
  • El Paso
slide-11
SLIDE 11

LEAS ES IN YOUR COUNTIES

249-150 leases:

  • Yuma
  • Pueblo
  • Adams
  • Larimer
  • Arapahoe
  • Kiowa
  • Jackson
  • Bent
slide-12
SLIDE 12

LEAS ES IN YOUR COUNTIES

149-100 leases:

  • Kit Carson
  • Huerfano
  • Cheyenne
  • Park
  • Fremont
  • Otero
  • Baca
  • S

aguache

  • Prowers
slide-13
SLIDE 13

LEAS ES IN YOUR COUNTIES

99-10 leases:

  • Crowley
  • Conej os
  • Jefferson
  • Grand
  • Montezuma
  • Chaffee
  • Rio Grande
  • S

an Miguel

  • Eagle
  • La Plata
  • Phillips
  • S

edwick

  • Alamosa
  • Boulder
  • Gunnison
  • Custer
  • Denver
  • Teller
  • Douglas
  • Dolores
  • Archuleta
  • Rio Blanco
  • Lake
  • Pitkin
slide-14
SLIDE 14

LEAS ES IN YOUR COUNTIES

<10 leases:

  • Mineral
  • Gilpin
  • Hinsdale
  • Ouray
  • S

ummit

  • Mesa
  • Clear Creek
slide-15
SLIDE 15

LOCAL TAX PAYMENTS

slide-16
SLIDE 16
slide-17
SLIDE 17

HOW WE OPERATE

  • Governance: five-person Board
  • 45 employees; 7 statewide offices
  • S

elf-funded; no tax dollars used; $7M budget

  • Asset owner; not operator
  • Layer leases and contracts
  • Different from ‘ public lands’
  • S

ubj ect to local land use regulations

slide-18
SLIDE 18

MINERAL DEPENDENCE

slide-19
SLIDE 19

MINERAL DEPENDENCE

slide-20
SLIDE 20

RECURRING REVENUE

slide-21
SLIDE 21

CURRENT DIS TRIBUTION

slide-22
SLIDE 22

PROPOS ED DIS TRIBUTION

slide-23
SLIDE 23

HIGHLIGHTS MIXED USES

slide-24
SLIDE 24

QUESTIONS?