2024 Boards and Commissions
Board of Educational Lands and Funds
General Information
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Formal Name:Board of Educational Lands and Funds
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Contact Person:Kelly L. Sudbeck
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Purpose:Serve as Trustee and manager of the lands given to the State in trust by the Federal Government to support the public Schools.
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How Many Affectable:blank
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How Many Served:All public school students
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Year Created:1867
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Year Active:1867
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Sunset Date:None
Authorization
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Authorization Citation:Nebraska Constitution Art. VII, Sec. 6,7,8,9; NEB.REV.STAT. Sec. 72-201et.seq, and 301et.seq.
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Parent Agency:None
Memberships and Meetings
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Number Of Members:5
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Who Appoints:Governor
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Legislative Approval:Yes
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Qualifications Of Members:blank
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Per Diem:$50.00 per day when performing Board business
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Expense Reimbursement:Yes
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Term Length:5 years
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Terms Rotate or Expire At Once:Terms Rotate
Meetings Required In:
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Required FY 21-22:12
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Held FY 21-22:12
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Required FY 22-23:12
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Held FY 22-23:12
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Required FY 23-24:12
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Held FY 23-24:12
Operations
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Support Staff:18
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Shared or Separate:blank
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FY 21-22 Budget:$20,998,632.00
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FY 22-23 Budget:$21,071,370.00
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FY 23-24 Budget:$21,071,370.00
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Other Funding Sources:Income from operations (no taxes)
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Spending Authority:NEB.REV.STAT. section 72-201 et.seq.
Accomplishments
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Since July 1, 2020:Paid approximately $232,000,000.00 into the public schools. Saved the same amount in real estate taxes for all Counties in the State.