On May 17, 2016, the State Board of Land Commissioners (Land Board) 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. 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. All three documents are posted below:
- Strategic Reinvestment Plan
- Callan memo, “Strategic Reinvestment Plan Update” – July 5, 2018
- Statement of Investment Policy – updated November 17, 2020
- Asset Management Plan
Additional Information
- Idaho officials retain plan to buy timberland and farmland, Associated Press news article – July 17, 2018
- NEWS RELEASE: Idaho Land Board chooses option for reinvesting money from sale of residential and commercial properties – May 17, 2016
- NEWS RELEASE: Land Board considers options for reinvesting money from sale of residential and commercial properties – March 15, 2016
- NEWS RELEASE: Land Board clears path for sale of more leased lake lots and commercial properties – February 16, 2016