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 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) $386 million to S chool Finance Act (CDE’ s operating budget) (2008-2018)

~1860s American S choolchildren ~1780s America’ s Founders TRUST LAND HISTORY

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 COLORADO TRUST LAND

TRUST VALUE

LEASING BUSINESS ES

Most # of leases: • Weld (1273) • Moffat (471) • Logan (388) LEAS ES IN YOUR COUNTIES

350-250 leases: • Washington • Elbert • Routt • Las Animas • Lincoln • Morgan • El Paso LEAS ES IN YOUR COUNTIES

249-150 leases: • Yuma • Pueblo • Adams • Larimer • Arapahoe • Kiowa • Jackson • Bent LEAS ES IN YOUR COUNTIES

149-100 leases: • Kit Carson • Huerfano • Cheyenne • Park • Fremont • Otero • Baca • S aguache • Prowers LEAS ES IN YOUR COUNTIES

99-10 leases: ● Boulder • Crowley ● Gunnison • Conej os ● Custer • Jefferson ● Denver • Grand ● Teller • Montezuma ● Douglas • Chaffee ● Dolores • Rio Grande ● Archuleta • S an Miguel ● Rio Blanco • Eagle ● Lake • La Plata ● Pitkin • Phillips • S edwick • Alamosa LEAS ES IN YOUR COUNTIES

<10 leases: • Mineral • Gilpin • Hinsdale • Ouray • S ummit • Mesa • Clear Creek LEAS ES IN YOUR COUNTIES

LOCAL TAX PAYMENTS

• 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 HOW WE OPERATE

MINERAL DEPENDENCE

MINERAL DEPENDENCE

RECURRING REVENUE

CURRENT DIS TRIBUTION

PROPOS ED DIS TRIBUTION

MIXED USES HIGHLIGHTS

QUESTIONS?