20
Authority for establishing these trusts is included in sections 14, 16, and 17 of the Enabling Act of 1889 and in the Morrill Act of 1862 and 1890.
University System Original Grant Acreage
Institution Original Grant Acres* Montana Tech (School of Mines) 100,000
State Normal School 100,000Agricultural College
MSU – Morrill Grant 90,000MSU – Second Grant 50,000
University of Montana 46,080
Manage (leadership)the State Trust Lands to produce revenues for the trust beneficiaries (fiduciary), while considering environmental factors and protecting future income-generating capacity of the land (stewardship).
MONTANA DEPARTMENT OF NATURAL RESOURCES AND CONSERVATION
TRUST LAND MANAGEMENT DIVISION
DIVISION ADMINISTRATORDIVISION ADMINISTRATOR
Admin. OfficerAdmin. Officer
AGRICULTURE &
GRAZING MGMT.
AGRICULTURE &
GRAZING MGMT. FOREST MGMT.FOREST MGMT. MINERALSMGMT.
MINERALSMGMT.
REAL ESTATE MGMT.
REAL ESTATE MGMT. FIELD OPERATIONSFIELD OPERATIONS
C LO
E LO
NE LO
NW LO
SLO
SW LO
Agricultural Leases
Grazing Leases
Resource Development
Forest Product Sales
Resource Management:
Soils
Hydrology
Wildlife
Resource Planning &
Economics
Reforestation
Tree Improvement
Seed Collection
Metallic Mine Leases
Nonmetallic Mineral Leases
Coal Leases
Oil & Gas Leases
Underground Storage Leases
Geothermal Leases
Royalty Audits
Beds of Navigable Waterways
Commercial Dev.
Land Banking
Special Leases
Secondary Licenses
Easements & Right-of-way
Recreational Use
Exchanges
Land Sales
Bed of Navigable Waterways
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
State Normal School MSU-Morrill Grant MSU-Second Grant Montana Tech University of Montana
Acres
Surface Acres
Mineral Acres
Total Acreage University Trusts FY 2007
Net Net
Distributable NondistributableBeneficiaries Revenue Revenue University of Montana 221,675 2,471MSU - Morrill Grant 589,337 52,613 MSU - Second Grant 1,287,709 298,680Montana Tech 972,927 15,679State Normal School 621,784 9,589
Total $3,693,432 $379,032
Activity FY2006 FY2007
Agriculture & Grazing Management
Grazing Leases $306,865 $345,962
Agriculture Leases 292,439 301,953
Recreational Use 58,525 46,987
Forest Management
Timber Sales $1,021,531 $723,904
Forest Improvement Fees 509,011 62,028
Minerals Management
Oil & Gas Revenues 252,725 155,535
Aggregate Minerals and Other 33,413 10,915
Real Estate Management 1,381,303 1,347,824
Other
Trust and Legacy Interest and Other $1,421,503 $1,537,729
TOTALS $5,277,315 $4,532,837
Grazing Ag Total Wheat Barley Hay CRP
Grant Revenue Revenue Revenue Bushels Bushels Tons AUMs Acres
University of Montana $28,084 $57,863 $85,947 35,005 361 202 3,443 124.6
MSU - Morrill Grant 117,880 46,237 164,117 23,020 159 15,365 155.4
MSU - Second Grant 20,043 2,261 22,304 660 31 2,523
Montana Tech 80,504 134,698 215,202 70,802 1,694 1,141 9,822 352.6
State Normal School 99,451 60,894 160,345 34,497 1,400 317 12,950 530.0
TOTAL $345,962 $301,953 $647,915 163,984 3,455 1,850 44,103 1,162.6
University System FY 2007 Revenues and Production
AVERAGE AGRICULTURAL CROP/LAND USE ACRES ON UNIVERSITY GRANT LANDSFOR PERIOD FY 2004 - 2007
0
1,000
2,000
3,000
4,000
5,000
6,000
Barley Hay Wheat Fallow CRP Other
CROP/LAND USE
AVER
AG
E A
CRE
S
University of Montana
State Normal School
Montana Tech
MSU Morrill
MSU 2nd Grant
Average Price Per Bushel Paid for Barley and Wheat Produced on
State Land
$0.00
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
2004 2005 2006 2007 2008 2004 2005 2006 2007 2008
Barley Wheat
Average Price per Bushel FY 2004 – FY 2008
AVERAGE INCOME BY GRANT AND CROP OR PRACTICE FROM
UNIVERSITY GRANT AGRICULTURAL LANDSFOR FY 2004 - 2007
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
Barley Hay Wheat Fallow Other
CROP-PRACTICE
AVER
AG
E IN
CO
ME
University of Montana
State Normal School
Montana Tech
MSU Morrill
MSU 2nd Grant
MSU MSU State Montana Univ of
Revenue Second Morrill Normal Tech Montana Total
Oil & Gas Leases $21,558 $7,722 $14,629 $5,693 $49,602
Non-drilling Penalties 20,164 2,552 18,905 2,290 43,911
Mineral LULs 120 390 510
Gas Royalties 44,207 4,549 48,756
Sand & Gravel Royalties 1,460 2,513 5,023 659 9,655
Oil & Gas Bonus Payments 7,176 3,210 2,880 13,266
In Lieu of Exploration 250 500 750
Total $1,830 $95,618 $18,923 $38,557 $11,522 $166,450
Mineral Revenues by Trust and Activity for FY 2007
Average Price of Oil Received on all State Trust Lands
$31.02
$44.69
$55.85
$26.47
$20.32
$28.14
$57.24
$0.00
$5.00
$10.00
$15.00
$20.00
$25.00
$30.00
$35.00
$40.00
$45.00
$50.00
$55.00
$60.00
$65.00
2001 2002 2003 2004 2005 2006 2007
Pri
ce
Pe
r B
BL
($
)
Average Price of Gas Received on all State Trust Lands
$5.09
$6.64
$5.13
$3.20
$3.95$3.93
$1.91
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
$6.00
$6.50
$7.00
2001 2002 2003 2004 2005 2006 2007
Pri
ce
Pe
r M
CF
($
)
Trust FY 2005 FY 2006 FY 2007
University of Montana $20 $110 $620
MSU - Morrill Grant 118,561 1,327 104,649
MSU - Second Grant 1,050,918 658,738 560,577
Montana Tech 101,932 56,358 13,544
State Normal School 728,568 304,998 44,513
Total $1,999,999 $1,021,531 $723,903
Timber Revenues FY 2005 – FY 2007
Trust FY 2006 FY 2007
University of Montana 5.00 4.50
MSU - Morrill Grant 56.88 266.00
MSU - Second Grant 139.00 2,656.00
Montana Tech 360.06 54.00
State Normal School 139.00 173.00
Total 699.94 3,153.50
Timber Volume (mbf) Harvested by Trust for FY 2007
Real Estate Management Revenue by Grant FY 2007
Grant Leases/Licenses Easements Total
University of Montana $32,642 $2,183 $34,825
MSU - Morrill Grant 31,016 5,893 36,909
MSU - Second Grant 450,629 341,602 792,231
Montana Tech 419,124 13,007 432,131
State Normal School 45,250 6,478 51,728
Total $978,661 $369,163 $1,347,824
Trust FY 2007
University of Montana 1
MSU - Morrill Grant 2
MSU - Second Grant 197
Montana Tech 107
State Normal School 16
Total 323
RESIDENTIAL LEASES BY TRUST
