What is the function of the School Land Board regarding confirmed surveys?

The School Land Board plays a significant role in managing state-owned lands, specifically land designated for public education purposes. When it comes to confirmed surveys, their function primarily involves overseeing the valuation and pricing of these lands. This includes establishing the price for different parcels based on the confirmed surveys, ensuring that they reflect current market values and are equitable for land transactions.

By determining the price of the land, the School Land Board helps facilitate the sale or lease of these properties, which in turn generates revenue for public education in Texas. This responsibility is critical as it supports the mission of providing funding for schools through the management of state land assets.

The other options focus on functions that do not directly pertain to the confirmed surveys or the specific mandate of the School Land Board. Disputes over land ownership are typically handled through the courts or other forms of administrative resolution rather than by the Board itself. The establishment of property taxes is a function carried out by local government entities rather than this Board. Lastly, new land development applications would fall more under the purview of planning and zoning departments or other regulatory bodies rather than the School Land Board's specific functions related to the management of school lands.