On Monday, Senator John Hoffman (DFL-Champlin) was named Vice-Chair of the Legislative Permanent School Fund Commission. The bipartisan 12 member Legislative Permanent School Fund Commission advises the Department of Natural Resources and the school trust lands director on the management of permanent school fund land, which is held in trust for the school districts of the state and to review legislation affecting permanent school fund land.
“With more than 2.5 million acres of School Trust Lands throughout the state of Minnesota, this Commission plays a vital role in helping to oversee that these funds are being used wisely in the advancement of our students’ education throughout the state, and I am honored to take on this role,” said Senator Hoffman. “I look forward to working with my colleagues on the Commission and with the Department of Natural Resources to steward these funds responsibly and efficiently.”
The commission is required to review statutes and recommend any changes necessary for provident utilization of school trust lands, and to report annually to the legislature with recommendations for management of school trust fund lands to secure long-term economic return for the permanent school fund. School trust lands are set aside in the state constitution to generate revenue for the state’s public schools, and deliver millions of dollars annually to all 331 public school districts in Minnesota as well as 169 charter schools in operation throughout the state.
More information about the Legislative Permanent School Fund Commission can be found here: https://www.lcc.leg.mn/lpsfc/
More information about the Minnesota Office of School Trust Lands can be found here: https://mn.gov/school-trust-lands/.