In Minnesota’s broad landscape of public lands, School Trust Lands are set aside for a specific purpose – to provide a continual source of funding for public education. While School Trust Lands may look the same as other types of public lands, these lands are managed in a way that generates revenue for the Permanent School Fund (PSF). The interest and dividends from the PSF supports K-12 public education and provide funds that are distributed to every public school district within the state.
Sources of revenue generated on School Trust Lands reflect the diversity of Minnesota’s natural resources. The largest financial contributions to the trust comes from iron mining and timber harvesting activities on School Trust Lands. Other revenue generating activities include aggregate mining, peat mining, leasing for mineral exploration, the sale of lands, and licensing utility crossings.
The Department of Natural Resources (DNR) serves as the Trustee for the 2.5 million acres of School Trust Lands and an additional 1 million acres of severed mineral rights on behalf of Minnesota’s public schools. The DNR works to manage the diverse portfolio of School Trust Lands by promoting revenue generation activities that are also protective of the natural resources that Minnesotan’s enjoy and value. As Trustee, the DNR is uniquely positioned to provide experience and knowledge that optimizes School Trust Land asset management. DNR staff come from a wide-range of technical expertise that includes mining engineering, economics, forestry, geology, ecology, biology, and real-estate. DNR staff work to provide robust land management strategies adaptable to economic and environmental conditions.
In 1858 the federal government granted land to Minnesota "for the use of schools". These lands, and some lands granted later, are known as School Trust Lands.
View maps showing the 2.5 million acres of School Trust Lands and the additional 1 million acres of severed mineral rights.
Management and Revenue Generation
As Trustee, the DNR has a fiduciary duty to manage School Trust Lands to maximize their long-term economic return.
Management and Revenue »
The Trustee relationship extends to other State officials who make decisions that affect the School Trust Lands and Permanent School Fund. This includes The Legislative Permanent School Fund Commission and the School Trust Lands Director.
The DNR reports on management and revenue generated from School Trust Lands as requested by the Legislature.