Land Board Lauds Record Earnings

The state Land Board, which consists of the state’s top five elected officials and is chaired by the governor, has sent out an opinion piece to Idaho news media hailing the endowment’s record earnings in the past year, from the record 18.8 percent return on investments in the endowment fund to a 14-year high of $102 million from state endowment lands. That included the take from a record 347 million board feet of timber that was logged from the endowment lands, part of it consisting of trees that had been damaged by wildfire or insects, and from a hotly bid-for $1 million lease to use state lands to recreate Evel Knievel’s 1974 attempt to jump the Snake River Canyon near Twin Falls/ Betsy Russell , Eye on Boise. More here.

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