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Toggle navigation NEBRASKA BOARD OF EDUCATIONAL LANDS AND FUNDS STAFF Board Members Office Staff Field Staff HISTORY LAND Scheduled Land Auctions Land for Sale or Trade AG Lease Auctions Renewable Energy Leasing Land Maps OIL & GAS Oil/Gas & Mineral Leasing Past Results INFO/FORMS Info for Lessee AG Forms BELF Reports email Nebraska Board of Educational Lands and Funds Public Lands for Public Schools CURRENT AUCTIONS AG Lease Auctions Updated click for more infoOil and Gas Lease Auction May 14th 2024 Recreational Leases click for more infoLand Sale Auction May 6th - Custer County Ag Lease Auction CANCELED - Frontier County Rec Sale Auction April 18th - Hall CountyNo Current Land AuctionsWelcome 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 $737.80 million. During 2022, approximately $42.104 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 Recreational Leases for 2024 map 21 Parcels info Click for info2024 Board Meeting Dates All board meetings begin at 8:15 a.m. Tentative Board Meeting Dates for 2025January 12 February 9 March 8 April 12 May 10 June 14 July 12 August 9 September 13 October 11 November 15 December 13 Current Auctions No Current AuctionsLand Sale Auctions Sale Date Sale Ad (pdf) Plat (pdf) Location Map May 6 Custer 106 map Custer Map REVISEDExpiring AG Lease Auctions Expiring AG Leases are now available for preview Click for full list Adams Deuel KnoxAG Lease Auctions Sale Date Sale Ad (pdf) Plat (pdf) Location Map Canceled Frontier 24 map Frontier MapOil And Gas Lease Auction Next Sale is May 14, 2024 Contact Us 555 North Cotner Blvd. Lincoln, NE - 68505 P: 402.471.2014 Mailing List Signup Click here to sign up for Lease Sale Notices Links AG Lease Auctions Land Maps Staff Land for Sale or Trade Scheduled Land Auctions AG Forms © , Nebraska Board of Educational Lands and Funds Security and Privacy Policy | Nebraska.gov clear Custer Map Close clear Frontier Map...