spot_img

Montana generated $8M for public education from timber sales in fiscal year 2023

(The Center Square) – Montana sold 52 million board feet of timber from State Trust Land in fiscal year 2023, state agencies announced this week.

Those sales resulted in $8 million in revenue, according to the governor’s office and the Montana Department of Natural Resources and Conservation. In Montana, revenue from agriculture, grazing and recreation on State Trust Land is allocated to public schools and other public education.

Gov. Greg Gianforte said in a statement that state goals for timber production means “reduced wildfire risk, improved forest health, and greater predictability and certainty for the wood products industry” in Montana.

“DNRC’s commitment to responsible forest management has led to exceptional outcomes,” Forest Management Bureau Chief Dan Rogers said. “Montana’s State Trust Land serves as a vital source for regional forest products, and we’re proud to provide a steady supply of timber while supporting local economies.”

Montana reported 51 million board feet of timber in fiscal year 2022, 64.1 million in 2021, and 45.5 million in 2020.

- Advertisement -

“In Montana, schools and other public institutions are funded in part by revenue generated from certain state-owned lands – those state lands are Trust Land,” the state’s website says. “Montana state trust lands are working lands. These lands are held in trust for the perpetual yield of revenues to support Montana’s public education institutions.”

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Men of Color Expo – Celebrating Men of Excellence

Tinker Federal Credit Union & PPBC Present Men of Color...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Food industry opposes revised New York packaging reduction act

(The Center Square) — The food industry is pushing...

Lawsuit: IL state VRA unconstitutionally lets Dems divide voters by race

Days after the U.S. Supreme Court declared states cannot...

An ‘arms race’ for pay at elite, tax-exempt colleges

Top private nonprofit universities that receive government funding pay...

Trump Heads to Beijing as Conflict With Iran Continues

(AURN News) — President Donald Trump is heading to...

Gerald Talbot, Maine’s First Black Legislator, Dies at 94

(AURN News) — Gerald Talbot, a civil rights trailblazer...

Lawmakers tussle over impacts of ‘equitable’ school funding in Illinois

(The Center Square) – The evidence-based funding formula for...

Red snapper season to be 39 days

(The Center Square) – Florida is touting the expansion...

More like this
Related

Food industry opposes revised New York packaging reduction act

(The Center Square) — The food industry is pushing...

Lawsuit: IL state VRA unconstitutionally lets Dems divide voters by race

Days after the U.S. Supreme Court declared states cannot...

An ‘arms race’ for pay at elite, tax-exempt colleges

Top private nonprofit universities that receive government funding pay...

Trump Heads to Beijing as Conflict With Iran Continues

(AURN News) — President Donald Trump is heading to...