Audit outlines potential endowment income boosts for land leases
A legislative audit presented to the Budget and Fiscal Committee notes endowment income could rise by 15.275 million dollars yearly with higher cottage site and range land lease rates and faster sale of distressed white pine. It criticizes the State Board of Land Commissioners for overreach and calls for more delegation to the State Land Commissioner, plus a formal policy. The report urges inventory and classification improvements, estimates a salvage program could net 6.5 million dollars over 15 years, and highlights current cottage site leases producing only about 65 thousand dollars annually.
MENTIONED IN THIS ARTICLE
Boise
UPD
James Defenbach
State Board of Land
State Land Commissioner
Eighit
Indians Appeal to Block Dam Licenses Over Pit River
The Pit River Indians in Shasta County ask the Federal Power Commission to deny PGEs license renewals along the Pit River. They seek restoration of ancestral lands and control of the river to protect fish and wildlife, arguing the dams created pollution and stagnation.
MENTIONED IN THIS ARTICLE
Washington
UPI
California
Federal Power Commission
Pacific Gas & Electric Company
Pit River
Shastaounty
Pg&e
Aubrey Grossman
San Francisco
Fan
U.S
Robert Peckham
Indiana
Passenger Threat on Pan Am Flight Near London
A Boston to London Pan Am flight faced a gun threat from a passenger who punched a sky marshal. The spokesman said no gun was found and the man was released after landing with two sky marshals restraining him. no hijack attempt occurred.
MENTIONED IN THIS ARTICLE
London
UPD
Pan American World Airways
Boston
Pan American
UPI
Lucinda Franks
Nader Attacks Nixon Depreciation Tax Plan
Ralph Nader and two university scholars charge President Nixon’s 86.8 billion depreciation tax break for business is illegal deceitful and will curb Treasury receipts. Yale’s Boris Bittker says executive action illegal Northwestern’s Robert Eisner calls the plan misleading and argues a direct investment subsidy would be better.
MENTIONED IN THIS ARTICLE
Washington
Ralph Nader
Nixon
Boris I. Bittker
Yale University Law School
Treasury Department
Nader
Eisner
Treasury
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