Educational Lands & Funds
The Nebraska Board of Educational Lands and Funds is a trusted organization established by the Nebraska Constitution to manage and maximize the income from lands contributed to the state for the benefit of K-12 public school children. With a commitment to transparency and careful stewardship, the Board serves as both land owner and manager, collecting rent on agricultural, mineral, and renewable energy leases, while also making expenditures for land conservation and improvement. Through its leasing operations, the Board generates funding that is exclusively dedicated to supporting public education in the state.
As a fiduciary, the Board pays full county real estate taxes on its land and does not receive any funding from the state. Instead, all net income earned is distributed annually to K-12 public schools statewide, benefiting education in Nebraska. Additionally, proceeds from land sales and mineral royalties are deposited in the Permanent School Fund, which is managed by the Nebraska Investment Council. Since 2005, the Board has distributed over $602.86 million to public schools, furthering its mission to provide essential resources for the education of Nebraska's youth.
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