A Forever Gift
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America's School Trust Library
Architectural plan view of the Counting House — a banking-hall interior with a teller counter, ledger desks behind it, and a small vault recess at the rear. Hand-drafted in oxidized navy ink on parchment.

Arizona financial profile

4-Section Cohort (cohort 6) · Single elected/appointed commissioner

Substrate v1.3 · Last reviewed 2026-05-01 · Read the state dossier

Permanent fund corpus

$8,800,000,000 Verified

As of 2024-06-30

Most recent distribution

$350,000,000 Verified

Federal grant acreage

10,900,000 acres Verified

Transparency status

Corpus and distribution disclosed

Both the permanent fund corpus and the most recent distribution figure are present in the substrate.

Governance form

Classification: Single elected/appointed commissioner

State Land Commissioner — gubernatorial appointee with Senate consent under A.R.S. Title 37; heads the Arizona State Land Department. Trust corpus (Permanent Land Endowment Trust Fund) is invested by the Arizona State Treasurer's Office under guidelines set by statute and the State Board of Investment.

Time-series chart of the Arizona Permanent Common School Fund market value, reported at $6.62 billion as of June 30, 2022.
Arizona Permanent Common School Fund market value over time. Source: Advocates for School Trust Lands , Arizona Trust Lands Report (Tonia Day, FY 2024). Reproduced for the library by permission.