board of natural resources tour recap€¦ · buy first. land bank. water rights. transition lands....
TRANSCRIPT
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Board of Natural Resources Tour Recap
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The Basin
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Section 1
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The Forest
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2000
2006
2010
2014
2015
2018
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Ask• What can the Board do to help
• What resources are needed
Contemplate• Our policy framework
• Our funding model
• Our duty to the trusts
• Our asset portfolio
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Governance
Working capital
Acquisitions
Divestitures
Investment strategies
Home sites
Recreation impacts
Climate
Policy constraints
Asset class mix
Buy first
Land bank
Water rights
Transition lands
Funding model
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Portfolio management
Sales of valuable materials Leasing process
Governance
Funding
Policy statements
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Portfolio management
Governance Funding
. Balance of the asset classes
. Acquisition/divesture reform and strategies
..Investment prudence, protocol and strategies
… Modernization of funding for direct and indirect costs… Access to working capital for investments
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FALL BNR SCHEDULEMARBLED MURRELET LTCS AND SUSTAINABLE HARVEST CALCULATION
August (No meeting)
September What is DNR’s HCP? Why are we amending the HCP now?Overview of the development of the HCP amendment/ LTCS
October Development of the EIS Alternatives and AmendmentOverview of marbled murrelet Final EIS (released in September)
November Why do we calculate a sustainable harvest level?Arrearage and Riparian – What are these decisions and how are they
related to the sustainable harvest calculation?Overview of USFWS take permit decision and SHC Final EIS (both
released in October)
December Decision on HCP Amendment and Sustainable Harvest Calculation
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FALL BNR SCHEDULEFULL PLANNED AGENDA
September Review of marbled murrelet decision (part 1)
TLPA: Introduction of funding model options;Introduction to commercial/transition lands propertiesOther: Budget and leg 2020 update
October Review of marbled murrelet decision (part 2)Overview of Final EIS (released in September)
TLPA: Introductions of portfolio management options;Board preference for funding modelOther: Policy discussion on when to change land use from timber to conservation?
November Review of SHC decisionOverview of USFWS take permit decision and SHC Final EIS (both released in October)
TLPA: Board preference for balanced portfolio management – what is the right mix of assets?Other: TBD
December Decision on HCP Amendment and Sustainable Harvest Calculation
TLPA: Preferred funding model analysis; Reporting benchmarks by asset classOther: TBD
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