Idaho's public school shortfall was $135 million when he addressed JFAC, Supt. Tom Luna told his fellow Land Board members, but now it's grown to as much as $160 million. "Under the principles of trust law we as trustees can and often should consider what is happening with other income sources to the beneficiaries in order to determine how much to distribute," he said. "The question we face now is can we, as Land Board members, minimize the impact to schools. The question is not can we, the question is will we - and I believe we must." He called his proposal to tap reserves for $52.8 million for schools next year "prudent and responsible."

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