Page 4 - Utah School and Institutional Trust Lands System_Booklet_2020

“ the future against the claims of the present. Their task is to
The trustees of endowed institutions are the guardians of

preserve equity among generations. 1 ”

1 Tobin, James. 1974. What Is Permanent Endowment Income? The American Economic Review 64(2): 427-432

DISTRIBUTION FORMULA FOR NON-PUBLIC SCHOOL TRUSTS
4% x 12-QTR market value average

DISTRIBUTION FORMULA FOR PUBLIC SCHOOL TRUST
[50% (1+CPI + enrollment growth) x (previous year distribution)] + [50% (4% x 12-QTR market value average)]

Distribution formulas defined in UCA §53C 3-102.7 and §53F 9-201.1

HISTORICAL DISTRIBUTIONS V. MARKET VALUE
Total Fund (B) Total Distributions (MM)
$2.5 B 100,000

$2.0 B 80,000

$1.5 B 60,000

$1 B 40,000

$0.5 B 20,000

0 0
1995 2000 2005 2010 2015 2020
1994 2014 2018
SITLA SITFO Advocacy
Created Created Created

SCHOOL LAND TRUST PROGRAM
Utah public schools receive approximately LEARNING AND NUTURING DEVELOPMENT
95 % of all distributions. School Children’s Trust at the Utah State Board of
Education administers the School LAND Trust Program,

FY2020-2021 | 88.8 M M trust fund disbursements and provides training to school
councils.
LOCAL CHARTER AND SCHOOL COMMUNITY COUNCILS
Based off the current distribution formula Parents, principals, and school employees prepare
on average each school receives plans to address the unique academic needs of their
students with the School LAND Trust distributions.
$ 125 Elementary $ 68,000

PER PUPIL, PER YEAR Middle $ 106,000
High $ 106,000 COMPUTERS SUPPLIES TEACHERS BOOKS

UCA §53G 7-1206

Justin Atwater Jessie Stuart
PROTECTION & ADVOCACY OFFICE DIRECTOR EXECUTIVE ASSISTANT
801.359.4379
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801.359.4478 
JustinAtwater@Utah.gov JessieStuart@Utah.gov
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