Revenue from Montana’s trust lands, which support public K through 12 schools, public buildings and the Montana Veterans Home, is taking a hit from the COVID-19 pandemic.
Shawn Thomas with the Montana Department of Natural Resources and Conservation (DNRC) says agriculture and grazing leases accounted for nearly half of the revenue generated by state trust lands for the fiscal year that ended in June.
Revenue from grazing leases held steady but revenue from agriculture leases dropped by $2 million.