February 12, 2013 > Report questions how schools managed lands
Report questions how schools managed lands
Submitted By AP Wire Service
SAN FRANCISCO (AP), Researchers are questioning how California's schools have managed the more than 5.5 million acres granted to the state by the federal government.
The San Francisco Chronicle (http://bit.ly/YscYo3) is reporting that researchers at Utah State University found that most of the land that was once owned by the California school trust land has been sold off, mismanaged, or neglected.
In the report by the university's Center for the School of the Future, researchers said that of the original school trust land less than 500,000 acres remained. That land, according to the report, generates about $6 million in royalties and revenue each year, with all the proceeds going to the state teachers' pension fund.
The Chronicle says the land was given in trust by Congress when California joined the union to support the education of children.
Information from: San Francisco Chronicle, http://www.sfgate.com