What organization receives most of the benefit of proceeds from the sale or lease of state trust land?

The organization that receives most of the benefit of proceeds from the sale or lease of state trust land is primarily state schools. This arrangement stems from the fact that the state trust land in Arizona was established to generate revenue for public education. The Arizona Statehood Act of 1912 set aside trust land specifically for the benefit of the public school system, which includes K-12 education as well as institutions of higher education.

This mechanism ensures that the proceeds, whether from leasing or selling the land, are directed towards funding education, thereby supporting various educational initiatives, infrastructure, and resources needed to benefit schools. The dedication of trust land revenues to education highlights the commitment to enhancing public education, making it the primary beneficiary of these proceeds in Arizona.