CURRENT AUCTIONS
  • AG Lease Auctions click for more info UPDATED
  • 2019 Recreational Leases click for more info
  • Cheyenne County Land Trade Dec. 3

Welcome

Thank you for visiting our website. We hope that the time you spend here will be both informative and productive. We are committed to a policy of transparency in all our dealings with the public, so please call if you have any questions or would like any additional information.
The Board of Educational Lands and Funds was established by the Nebraska Constitution to serve as trustee of the lands contributed to the state in 1867 by the federal government. As trustee of these lands, the Board is bound by fiduciary duty to its beneficiaries – the K-12 public school children of Nebraska. In exercising this fiduciary duty, the Board must use the judgment and care that persons of skill, prudence, and intelligence would exercise in the management of their own affairs.
The Board and its staff are firmly committed to the mission of maximizing the income from our properties, while still exercising careful stewardship of the land, and treating our Lessees fairly. In pursuit of these goals, every effort is made to conduct the Board’s business consistent with a profit motive patterned after the most efficient enterprises in the private sector.
The Board serves in the dual capacity of land owner and land manager, collecting rent on approximately 3,200 agricultural leases and mineral and renewable energy leases. In its capacity as landowner, the Board makes expenditures for conservation, improvement and management of the land in its care. The Board also sells and trades land to the extent that such transactions are consistent with the Board’s fiduciary duty.
The Board pays full county real estate taxes on its land in support of K-12 schools and other local entities. Millions in real estate taxes are paid by the Board during a typical year.
The Board does not receive funding from the State. Thus, no tax money is received by the Board and all funding for the Board’s operations comes from its leasing operations. None of the net income obtained from the Board’s operations is paid to the State; rather each year all of the net income earned by the Board is paid out for the benefit of K-12 public education in the State.
The net income from the Trust is deposited in the Temporary School Fund and then is annually distributed from that fund to the K-12 public schools statewide on a per pupil basis. Proceeds from land sales and mineral royalties are deposited in the Permanent School Fund. The Permanent Fund is managed by the Nebraska Investment Council. The net income from the Permanent Fund is also deposited in the Temporary Fund and distributed to the public schools each year. Since 2005, the total combined amount distributed to the K-12 public schools was $602.86 million.
During 2019, approximately $43.706 million was distributed for K-12 public education. This amount does not include county real estate taxes paid by the Board; a majority of which funds local public schools.
Board of Educational Lands and Funds

2019 Recreational Leases

map 22 Parcels info Click for info

2019 Board Meeting Dates

All board meetings begin at 8:15 a.m.

  • January 18
  • February 15
  • March 15
  • April 12
  • May 10
  • June 14
  • July 12
  • August 9
  • September 13
  • October 11
  • November 8
  • December 13

2020 Tentative Board Meeting Dates

  • January 17
  • February 14
  • March 13
  • April 17
  • May 8
  • June 12
  • July 10
  • August 14
  • September 11
  • October 16
  • November 13
  • December 11
Current Auctions

AG Lease Auctions - Click for more info UPDATED

Expiring AG Leases are now available for viewing
  • Adams
  • Brown
  • Buffalo
  • Cass
  • Chase
  • Cherry
  • Cheyenne
  • Custer
  • Dawes
  • Deuel
  • Dixon
  • Furnas
  • Garden
  • Garfield
  • Gosper
  • Hall
  • Hitchcock
  • Holt
  • Hooker
  • Jefferson
  • Kearney
  • Keith
  • Kimball
  • Knox
  • Lincoln
  • Madison
  • McPherson
  • Merrick
  • Morrill
  • Nemaha
  • Perkins
  • Phelps
  • Pierce
  • Rock
  • Scotts Bluff
  • Sheridan
  • Sioux
  • Thomas
  • Washington
  • Webster
  • York

 

Land Trade Auctions

Sale Date Sale Ad (pdf) Plat (pdf) Location Map
Dec. 3 Cheyenne Ad Cheyenne 39B