Land Bank Sales and Purchases
Since the inception of the Land Bank Program in 2006 through September 9, 2026, BCPL has:
- Sold 19,137.73 acres,
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Purchased 16,825.25 acres
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Exchanged -1,710.54 net acres (6,675.97 acres in low value land in exchanged for 4,965.43 acres in higher value land).
- Increased productive timber base by a total of 27%.
- Maintained almost exactly the same acreage and percent of lands accessible to the public.
This realignment has increased the value of School Trust Lands significantly. It has also greatly increased our ability to generate future timber revenues. BCPL now harvests about 33% more timber than before Land Bank due to a larger timber base and greater management efficiencies.
In 2009 the BCPL began the process of offering for sale its isolated, unproductive tracts to private parties by sealed bid. An independent appraisal of those lands is conducted prior to offering the parcels for sale. Criteria for evaluating potential land acquisitions include: the potential for good timber production, ownership of the parcel provides improved public access, and whether the parcel blocks well with existing Trust Lands, thus improving timber management efficiency.