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Saturday, October 24, 2020  Spokane, Washington  Est. May 19, 1883
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Priest Lake lot auction brings in $15 million for Idaho schools

Idaho’s public school endowment made $15.65 million last week when the state auctioned off 35 lakefront cabin sites on Priest Lake. All the lots were purchased at the appraised price by the cabin owners; no one else bid, though between 200 and 250 people attended the Friday auction at the Coeur d’Alene Resort.

Eye on Boise: Tree falls in the forest, so does revenue

BOISE – Lawmakers noted a surprising fact in the budget presentation this year from Idaho Department of Lands Director Tom Schultz: The state is reaping record timber harvests, but its timber revenue has dropped. Schultz responded that the department sells standing trees in its timber sales, and prices have dropped.