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New Mexico State Land Office
310 Old Santa Fe Trail
Santa Fe, NM 87501
505-827-5760
Patrick H. Lyons, Commissioner of Public Lands
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| Of Interest |
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| State Resources |
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| Current Land Holdings |
8.9 million surface acres; 13 million subsurface acres (68 percent of original land grant of 13 million acres)
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| Uses |
grazing, mining of oil, gas, coal, and minerals, and commercial leases and development
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| Primary Revenue Source |
oil and gas revenues and royalties
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| Trust Requirements |
Lands are held in trust pursuant to the state enabling act and state constitution. New Mexico has one of the most restrictive trust management requirements: trust lands and their natural products may be sold only to the “highest and best bidder at public auction;” all lands and leases must be appraised at their “true value” before being offered; and lands cannot be disposed for less than the appraised value. Lands are managed by the New Mexico State Land Office under the direction of a commissioner of public lands who is elected by the citizens of the state and is advised by a State Land Trusts Advisory Board, composed of seven stakeholders appointed by the commissioner with the advice and consent of the Senate.
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| Beneficiaries |
- common schools
- legislative, executive, and judicial public buildings
- penitentiaries
- insane asylums
- schools and asylums for the deaf, dumb, and blind
- miners’ hospitals
- normal schools
- charitable, penal, and reformatory institutions
- agricultural and mechanical colleges
- a school of mines
- military institutes
- county bond payment (once repaid, grant is passed to common schools trust)
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