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In Colorado, those rights are detached from land ownership. A state commission chooses lease parameters and, with some local consequence, those leases fund rura
by ttyprintk 4y ago
In Colorado, those rights are detached from land ownership. A state commission chooses lease parameters and, with some local consequence, those leases fund rural schools. A better system might:
- Fund schools in a different way
- Permit mineral rights to be owned just like private land
- Require an insurance policy for exploration in the event it destroys a well or other water source
- loonster 4y agoMoney is fungible. The schools aren't funded that way, it is just how it was sold to the public. Every dollar that goes into schools will be reduced by the same amount in the general budget. The same happened in my state with the Lotto.