• So what’s all the fuss about fake news?Fake news only works because the media has so totally failed in its role. It goes along with the saying that “nature abhors a vacuum.” There is absolutely nothing new about “fake news” except the term now used to identify it. More “fake news” emerges because the media has, for a very long
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  • The business of craft breweries has contributed a thousand new jobs to Montana and increased the state’s population by about 300 people, according to a report recently released in the Montana Business Quarterly, a publication of the Bureau of Business and Economic Research. The Bureau’s research on the impact of breweries on the state’s economy finds that from 2010 to
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  • The 2017 Montana Economic Outlook Seminar will be held in Billings on January 31, at the Double Tree. The annual event – marking its 42nd year — produced by the Bureau of Business and Economic Research at the University of Montana is presented in a series of Montana cities. This year’s theme is “The High Wage Jobs Puzzle – Finding
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  • American Airlines announced they will offer a daily direct flight between Billings & Dallas/Fort Worth starting June 2, 2017 – achieving a primary goal of Billings businesses and economic support groups. The three hour flight, aimed at serving business travel will improve travel from Billings to points south – including South and Latin America and the Caribbean. Previously flights had
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  • Dubbed Montana’s premier business event, the Montana Chamber of Commerce Business Days at the Capitol went off without a hitch yesterday at the Great Northern Hotel in Helena.
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  •   l The level of unemployment in the third quarter of 1991 in Montana was 5.9 percent. l Development of a new wagering system to include an innovative betting terminal and a faster, more powerful central computer was announced by John Shelhamer, president United Tote Company. The new system will be called the Horizon System XP and feature the Hewlett
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  • According to a North Dakota newspaper, The Grand Forks Herald, oil companies are hiring in the Bakken, and more jobs are expected to open up next year.
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  • The future of the Medicaid expansion program enacted by the Montana state legislature, wouldn’t be so precarious had it relied less on federal subsidies. Whatever happens with the federal Affordable Care Act, if it removes the funding for the states, Montana will be faced with having to revamp its program.
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  • More than a dozen new rigs will be added in North Dakota in the next 12 months but there are still 861 wells waiting on completion, according to Lynn Helms, director of the ND Dept. of Mineral Resources. There are 38 rigs drilling now.
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  • Horses N Courage guest ranch in Judith Gap, Montana, was recently recognized for meeting the highest standards of the dude ranching industry when it was welcomed as a new member of the prestigious Dude Ranchers’ Association (DRA).
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  • Exemplifying how one successful business often generates opportunities for another, a veteran floral distributor has launched a complimentary enterprise that has resulted in a new business for Billings.
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  • County officials presented their top priorities to state legislators at a breakfast meeting early this month. And, as discussion followed, issues of law and order seemed to dominate – especially issues of equity in how Yellowstone County is treated by the state.
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The Montana Land Board holdings generated almost $120 million for Montana public schools over the past year.

The Board manages more than 5 million acres of land, and a slightly larger area in mineral rights. The board is run by the five statewide elected officials, including the governor, attorney general, state superintendent of schools, state treasurer and secretary.

 

The land is held in trust to fund schools in the state. Annual revenues have increased from about $80 million in 2004.

The Department of Natural Resources and Conservation said the holdings are now worth roughly $2.6 billion. It said the value of its agricultural land has been increasing in recent years.

About 8 percent of state school budgets come from the land trust.

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