Texas Permanent School Fund lands

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Texas Permanent School Fund lands are state-owned properties in Texas whose revenues are dedicated to supporting and financing public education across the state.

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Statements (49)

Predicate Object
instanceOf public school endowment land
state-owned land
administeredUnder Texas Constitution Article VII NERFINISHED
assetClass income-producing real estate
natural resource holdings
associatedProgram Texas public school endowment system NERFINISHED
associatedWith Texas State Board of Education NERFINISHED
beneficiary Texas public school students
Texas school districts
benefits Texas Permanent School Fund NERFINISHED
benefitType long-term endowment support
contributesTo Texas Permanent School Fund corpus
Texas Permanent School Fund investment income
distinguishedFrom Texas Permanent University Fund lands NERFINISHED
funds instructional materials (indirectly through PSF)
public school facilities (indirectly through PSF)
governedBy Texas School Land Board policies
hasRevenueSource commercial leases
easements
grazing leases
land sales (subject to constitutional limits)
mineral leases
oil and gas royalties
surface leases
historicalOrigin public domain lands retained by Texas upon statehood
school sections in surveyed land grants
legalBasis Texas Constitution NERFINISHED
Texas Natural Resources Code NERFINISHED
locatedIn Texas
managedBy Texas General Land Office NERFINISHED
operatedOnPrincipleOf maximizing returns for public education consistent with conservation
overseenBy Texas School Land Board NERFINISHED
ownedBy State of Texas NERFINISHED
partOf Texas Permanent School Fund portfolio
primaryPurpose support public education in Texas
relatedTo Texas Permanent University Fund lands NERFINISHED
revenueDedicatedTo Texas public school finance system
public schools in Texas
revenueUseRestrictedBy Texas constitutional provisions
subjectTo environmental regulations
fiduciary duty to Texas public schools
state leasing procedures
typeOfResource real property asset
usedFor agricultural uses
commercial development
energy production
grazing
mineral development
rights-of-way

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Texas General Land Office oversees Texas Permanent School Fund lands