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land trust

Jun 7, 2024

Dems, union willing to wait until 2025 for school funding

The deadline to renew Proposition 123 is looming and there is no consensus between Republicans and Democrats on how much funding schools should receive and how it should be allocated. 

Oct 19, 2021

Court rules state must ask Congress to tap trust fund for schools

Gov. Doug Ducey or whoever succeeds him can't conduct a future financial raid on a school trust fund account without first getting congressional approval, a judge has ruled. 

court, trial, Hobbs, commission
Jan 28, 2020

Ducey asks 9th Circuit to void court decision on land trust

Gov. Doug Ducey is asking a federal appeals court to overturn a ruling that could affect his ability and that of future governors to tap a special education trust account to funnel more cash into schools.

Jan 17, 2017

The state can’t raid the land trust again, right?

The $17 million in School Facilities Board funding that Ducey included in his executive budget plan won’t hold off a long-planned lawsuit over dollars for K-12 building maintenance and renewal.

Proposition 123, Ducey, Supreme Court, school trust fund, special election, Michael Pierce
Dec 31, 2015

Ducey reversal on land trust clears way for education settlement

Even before the special session that potentially resolved a years-long lawsuit over K-12 education funding, Arizona lawmakers’ spending on schools was the talk of the summer.

Oct 28, 2015

Democrats’ conundrum: support or oppose the school finance deal

Each year without failure since the onset of the Great Recession, Democrats have denounced cuts to public education and clamored for more funding for K-12 schools, a demand that has gotten louder as the state’s economy improves.

Oct 21, 2015

Ducey planning revisions to land trust plan for education

Gov. Doug Ducey is planning revisions to his plan to boost K-12 school funding with the state land trust, including one that would address the fiscal cliff the plan leaves at the end of its first five years.

Sep 11, 2015

Land trust value drop highlights Ducey education plan risk

A nearly $200 million drop in the value of Arizona's permanent land trust in the past three months highlights the risks of Gov. Doug Ducey's plan to rely on high investment returns to power his school funding plan, state Treasurer Jeff DeWit said this week.

Jul 20, 2015

OSPB chief insists Ducey’s land trust plan is sound

The Ninth Floor today issued a memo to lawmakers in response to DeWit’s criticism of his plan to boost K-12 funding through increased payouts from the state land trust. The memo, written by OSPB Director Lorenzo Romero, didn’t directly refer to DeWit or his email to lawmakers, but it did address several of the issues the treasurer raised.

May 20, 2011

Land Dept. funding stable for 2012, but future uncertain

With the clock winding down on a court ruling that temporarily preserved millions in funding for the Arizona State Land Department, the agency is looking at a pair of contingency plans that could keep it afloat for the next year.

Dec 28, 2010

Land taken into trust for Navajo Nation

The Bureau of Indian Affairs' Navajo Area director, Omar Bradley, has signed the final documents taking 405 acres of land into trust for the Navajo Nation.

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