Carter renamed to direct SITLA

Kevin S. Carter, director of the State of Utah School and Institutional Trust Lands Administration, has been appointed to a new four-year term.

At a board of trustees meeting in April, the administration's board members reappointed Carter as director of the agency. He was first appointed director in January 2003, completing the remaining term of Steven Boyden, who had left the agency to serve an LDS Church mission. Carter has been the director since then.

In the years Carter has been the administration's director, total annual revenues for the agency increased from $57 million in fiscal year 2003 to more than $158 million in fiscal year 2008. Total trust assets grew from $446 million to more than $1 billion during the same period.

Carter began his career in trust-lands management in July 1981, when he joined the Division of State Lands and Forestry, the predecessor agency to the School and Institutional Trust Lands Administration.

Carter begins his new term July 1.

The School and Institutional Trust Lands Administration is an independent state agency that manages 3.4 million acres of trust lands for the financial benefit of Utah public schools and 11 other public institutions. Money generated from the lands is deposited in the state's Permanent School Fund, a perpetual endowment that annually distributes income to K-12 schools.

— Amy Joi O'Donoghue