Page 18 - FY 20 Annual Report: Land Trusts Protection & Advocacy Office
P. 18
Net Income Summary FY 2018-2020
TRUST REVENUE FY 2018 FY 2019 FY 2020 TRUST REVENUE COMBINED FY 2018 FY 2019 FY 2020
MINERALS SITLA Gross Revenue $70,869,981 $89,982,010 $75,253,189
Oil & Gas Royalties $33,334,309 $34,934,441 $23,299,042
Total Permanent Fund Interest & Gains $138,235,687 $96,414,236 -$96,245,983
Coal Royalties $1,200,147 $1,004,562 $701,262
Total Trust Revenue $209,105,668 $186,396,246 -$20,992,794
Other Minerals $4,171,551 $4,712,188 $5,198,233
Materials Permits $1,374,152 $1,162,080 $1,317,060
TRUST EXPENSES FY 2018 FY 2019 FY 2020
Total Mineral Revenue $40,080,159 $41,813,270 $30,515,597
SITLA Operating Expenses $10,245,943 $10,449,941 $10,681,094
DEVELOPMENT & PLANNING
SITLA Capital Expenses $3,958,244 $3,251,324 $3,338,056
Development Sales & Leases $18,702,379 $31,598,032 $34,464,651
SITFO Operating Expenses $2,040,677 $2,335,144 $2,671,882
Total Development & Planning Revenue $18,702,379 $31,598,032 $34,464,651
SURFACE NET ASSET GROWTH FY 2018 FY 2019 FY 2020
Sales (Auctions & Negotiated Sales) $2,989,190 $7,622,007 $460,387 SITLA Net Operating Income $56,665,794 $76,280,745 $61,234,039
Easements $818,102 $770,270 $1,266,038 SITFO Net Operating Income $136,195,010 $94,079,092 -$98,917,865
Rights of Entry $191,099 $176,937 $192,358 Protection & Advocacy Office Expenses $217,800 $263,111
Agriculture $159,391 $118,992 $121,916 Beneficiary Distributions $78,659,118 $86,735,552 $93,167,815
Commercial $2,130,332 $2,109,193 $2,310,172 Net Asset Growth $114,201,686 $83,406,485 -$131,114,752
Governmental $339,812 $269,140 $459,282
3-Year Cummulative Net Growth $66,493,419
Industrial $2,859,463 $2,787,079 $2,769,574
Residential $76,688 $79,462 $75,965
Telecommunications $1,101,426 $1,216,212 $1,164,694
Forestry $89,059 $42,845 $91,701
Grazing $1,332,881 $1,378,571 $1,360,854
Total Surface Revenue $12,087,443 $16,570,708 $10,272,941
SITFO ̶ PERMANENT FUND INTERESTS & GAINS
Permanent Fund Interest & Gains $138,235,687 $96,414,236 -$96,245,983
Note: Net asset growth total may differ from SITFO audit reports due to impact of revenue vs. cash reporting between SITLA and SITFO.
18 Net Income Summary FY 2018-2020 Net Income Summary FY 2018-2020 19
