Page 10 - FY20 Annual Report Land Trusts Protection Advocacy Office_ Beneficiary Reports

3-Year Annual Income Statement

MINERS HOSPITAL TRUST
TRUST REVENUE FY 2018 FY 2019 FY 2020
MINERALS
Oil & Gas Royalties $103,045 $160,534 $163,481
Coal Royalties
Other Minerals $14,871 $13,503 $8,492
Materials Permits $119,867 $191,695 $210,651
Total Mineral Revenue $237,783 $365,732 $382,624
DEVELOPMENT & PLANNING
Development Sales & Leases $3,108,221 $221,052 $1,009,510

Total Development & Planning Revenue $3,108,221 $221,052 $1,009,510
SURFACE

Sales (Auctions & Negotiated Sales) $16,522 $19,049
Easements $12,464 $2,218
Rights of Entry $130 $164
Agriculture $203
Commercial $2,946 $2,902
Governmental
Industrial $136,238
Residential $45,963
Telecommunications
Forestry $2,691 $14
Grazing $1,364 $1,543
Misc. $21
Total Surface Revenue $479,704 $218,521 $25,910
OTHER
Interest on SITLA Cash Balance $5,434
Prior Year Unused SITLA Budget Sent Back to SITFO $158,985
Total Other Revenue $198,444 $65,502 $164,420
TOTAL REVENUE
Total SITLA Gross Revenue $4,024,152 $860,807 $1,582,463
Permanent Fund Interest & Gains (SITFO) $3,098,326 $2,486,797 -$2,149,786
Total Trust Revenue $7,122,478 $3,347,604 -$567,323
EXPENSES
SITLA Budgeted Expenses* $231,202 $175,368 $240,512
SITFO Expenses $46,324 $58,684 $67,366
NET GROWTH - MINERS HOSPITAL TRUST

SITLA Net Operating Income $3,792,950 $685,439 $1,314,951
SITFO Net Operating Income $3,052,002 $2,428,113 -$2,217,152
Total Net Income $6,844,952 $3,113,552 -$875,201
Beneficiary Distributions $1,983,397 $2,078,937 $2,200,538
Net Change in Fund Balance $4,861,555 $1,034,615 -$3,075,739
3-Year Cumulative Net Growth $2,820,431

10 *The beneficiary income statement reflects SITLA budgeted expenses for the beneficiary; the difference between SITLA budgeted expenses and actual expenses will
be returned to SITFO in FY 2021