Budget officials question bonuses at land agency

Budget officials question bonuses at land agency

Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

SALT LAKE CITY (AP) -- Utah budget officials are questioning a bonus program for managers of state school trust lands.

Last year, about 70 people at the School and Institutional Trust Lands Administration split $269,000 in bonuses.

The agency raises money for Utah schools by selling and leasing on 3.4 million acres of state-owned land.

One of the state's legislative fiscal analysts, Ivan Djambov, says the bonuses seemed inappropriate given the state's financial woes.

But John Ferry, chairman of the agency's board of trustees, defends the bonus program as an important incentive for employees.

Information from: The Salt Lake Tribune

(Copyright 2009 by The Associated Press. All Rights Reserved.)

Most recent Politics stories

Related topics



Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

KSL Weather Forecast