- Associated Press - Friday, October 17, 2014

SANTA FE, N.M. (AP) - The New Mexico State Land Office has earned more than $78 million for schools, hospitals and other beneficiaries of the state land trust.

September’s earnings mark the second-highest monthly revenues in the history of the Land Office. The highest month on record was $79 million in December 2013.

Land Commissioner Ray Powell says his office is working with the private sector, Native American tribes and federal agencies to boost the economic return of trust land through leases, renewable energy development and other projects.

Of the most recent earnings, more than $65 million went to public schools and nearly $2 million went to state colleges and universities.

More than $1.1 million went to special hospitals within the state, while $2.2 million went to public buildings, the state penitentiary and water reservoirs.


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