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Forestland and the Common School Fund
Elliott State Forest  
Approximately 120,000 acres of forestland is part of the common school lands overseen by the State Land Board and Department of State Lands (DSL). Most forestland is managed to produce merchantable timber on a sustainable basis in accordance with plans approved by the Land Board and adopted by the Board of Forestry. About 15 percent of this acreage is classified as special stewardship land.
The Elliott State Forest near Reedsport comprises most of the Land Board's forestland - 91 percent (84,562 acres) of the 93,000-acre forest. Other forested acres are located within the Sun Pass State Forest (6,400 acres), and the Clatsop, Tillamook and Santiam state forests (about 26,000 acres).

The Oregon Department of Forestry (ODF) manages forestland for the State Land Board through an interagency agreement with DSL. Revenue generated from timber sales and other uses goes to the Common School Fund, which helps fund public education throughout Oregon. 
Over the past decade, the highest gross annual revenue from timber harvests was in 2005 ($19.1 million), and the lowest was in 2006 (about $7.6 million). The 10-year average annual revenue from forestland is $14.7 million. Administrative costs paid to the ODF stay relatively static, and average around $4.5 million annually. 
Each year, ODF and DSL jointly approve operations plans for each state forest containing common school land. The plans include managing timber harvests, roads, vegetation, species protection, replanting, wildlife surveying and recreation. However, ongoing litigation relating to the marbled murrelet, a protected seabird under the Endangered Species Act, has constrained planned timber harvests since 2012.