Revenue on school trust lands is generated from three major categories—mineral leasing and royalty payments, forest management activities, and real estate transactions. The total net revenue (equal to gross revenues generated after the deduction of expenses and management costs) from all revenue-generating activities are deposited into the Permanent School Fund.
School trust minerals revenue is generated primarily from mineral leases and royalty payments.
School trust real estate revenue is generated from transactions such as lease contracts, easements, utility licenses, forest campground fees, and periodic auctions of trust lands.