State trust lands division reports $86.2M in revenues

HELENA – The Trust Lands Management Division for the state of Montana made $86.2 million gross revenues in fiscal year 2017, with $43 million of that going to schools, members of the state Land Board were told Monday.

Shawn Thomas, division administrator for the Trust Land Management Division for the Department of Natural Resources and Conservation, said the money given to the schools represented 5 percent of the Office of Public Instruction’s $846 million budget.

The allocation equals about $295 per pupil for the public school system’s 146,375 students, according to a report that Thomas released.