At the New Mexico State Land Office, education is our business.  For seven years my administration's priority has been to strengthen the foundation upon which New Mexico's school land trust was built so our children can attend schools of excellence.

Revenues earned from energy production, farming and ranching, and community and business development on trust lands have generated billions of dollars for our valued beneficiaries which include: public schools, seven universities, the New Mexico Military Institute, the New Mexico School for the Deaf, the New Mexico School for the Blind and Visually Impaired, three hospitals, correctional facilities, public building repair and construction, and water conservation projects.

While global events impacted the industries with which we partner to maximize revenues for the trust, revenues remained strong this fiscal year and Land Office saw it's second highest earnings ever - $537 million.

My team and I are always seeking out innovative opportunities to maximize revenues for the trust, create economic growth opportunities, conserve our vast natural resources and improve customer service standards.  There are no limits to growth and progress.  But, no commissioner can undertake this mission alone.  Every member of my team -- and each of our lessees -- plays an essential role in shaping every child's future.  We must set new standards and benchmarks for the Land Office and for future commissioners who will manage the trust well into the 21st century.