Wednesday, March 7, 2012

Student Trust Land Legislation Worrisome


Koochiching County is worried about the State halting payment in lieu of taxes on so-called student trust lands within the county.

County Land Commissioner Dennis Hummitzch says its part of legislation to change how those lands set up to generate funds for education are managed.

A third of those lands in Minnesota are located within Koochiching County.

Hummitzch says if the legislation goes ahead, the County would lose over half a million dollars.