On May 17, 2016, the State Board of Land Commissioners voted unanimously to consider strategic acquisitions of timberland and, on a more limited basis, farmland, with proceeds from the sale of residential cottage sites and commercial properties.
At this time the Land Board also voted to approve the Investment Policy Statement and the updated Asset Management Plan. These documents lay the foundation for the recommendation in the Strategic Reinvestment Plan.
IDL uses these documents to guide the investment recommendations it makes to the Land Board.
Investment Plans & Policies
Strategic Reinvestment
Plan
This plan helps the agency assess options to guide the Land Board’s decision making regarding prudent investment of money in the Land Bank.
Statement of Investment Policy
This statement provides policies for the investment and management of financial and land assets which
together comprise the endowment assets.
Asset Management Plan
The Asset Management Plan provides strategic direction to the Department
for the management of endowment timberland, real estate, farmland, and rangeland.
Contact
Bill Haagenson
Deputy Director
(208) 334-0276
bhaagenson@idl.idaho.gov