It is the largest-ever yearly distribution in the state program’s history
“I’m proud to share that the Permanent State School Fund has grown from about $50 million in 1994 to $3.7 billion today,” Utah State Treasurer Marlo Oaks said during a news conference Tuesday at Whittier Elementary School in Salt Lake City.
“This remarkable growth is a result of careful stewardship, prudent administration of trust lands and investment assets, and the foresight of those who established the trust system to support Utah’s education programs now and for years to come,” he said…