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Message: <blockquote data-quote="tikkalover" data-source="post: 502035" data-attributes="member: 600">The Board of University and School Lands announced historic distributions for the 2027-2029 bienniumThe Board of University and School Lands announced historic distributions to trust beneficiaries for the 2027-2029 biennium on Monday.More than 700,000 surface acres, 2.6 million mineral acres, and 13 permanent trusts contributed an average of an extra 23% to beneficiaries for the upcoming biennium, compared to the last biennium.The lands generate revenue through agricultural leases, mineral royalties and other uses. The Land Board and Land Trusts staff manage these assets.The money will be distributed among 14 schools, centers and organizations.North Dakota State University will receive more than $10.6 million in funds, and the University of North Dakota will receive $8.38 million. Dickson State University and Minot State University will both receive $494,000.Growth factors can also be attributed to $2.4 billion in oil and gas royalties, agricultural rents, and a $9.5 billion investment portfolio. The majority of this portfolio is made up of the Common Schools Trust Fund (CSTF), which is valued at $9.3 billion.The distribution from CSTF for the next biennium will be $722 million, and it will go towards K-12 public education. This is up 23.5% from the current biennium, which distributed $585 million.</blockquote>