Stay Informed
of New Reports
Twitter
Report Waste, Fraud
Abuse, Or Retaliation
Report Waste Fraud, Abuse, Or Retaliation

Delaware Agricultural Lands Preservation Foundation Financial Statement Audit

Report Details

Report Description: 
Why This Report? This financial statement audit was performed in accordance with 29 Del. C. § 2906 and 3 Del C. §§ 904(a)(8) and 904(a)(9). The Department of Agriculture manages Delaware’s Agricultural Lands (Aglands) Preservation Program. This program, established in 1991, allows landowners to voluntarily preserve their farms through a twophase process. There are 490,000 acres of farms, which comprise 39% of the land area in Delaware. Delaware’s farmland preservation program has two major components: Agricultural Preservation Districts and Agricultural Conservation Easements. Preservation Districts are voluntary agreements where landowners agree to continue to only use their land only for agriculture for at least 10 years. Agricultural easements are purchases of development rights by the foundation, placing a permanent agricultural conservation easement on the property. Landowners must enroll their farm into a Preservation District before they can sell an easement. In FY21, the Aglands program received $5 million from the state Bond Bill and $48,621 from the state’s operating budget. What Was Found? It is my pleasure to report this audit contained an unmodified opinion.1 The audited financial statements of Delaware Agricultural Lands Preservation Foundation for Fiscal Years 2020 and 2021 can be found on our website auditor.delaware.gov.
Date Issued: 
Tuesday, January 4, 2022
Agency Reviewed / Investigated: 
Location: 
Dover, DE
United States
Type of Report: 
Audit
Professional Standard: 
GAO's Yellow Book, Generally Accepted Government Auditing Standards (GAGAS)

Please note that Oversight.gov contains links to documents hosted on various state and local government and other non-Federal Government websites (external websites). CIGIE proudly complies with section 508 accessibility regulations in the posting of Federal Government reports on Oversight.gov; however, CIGIE cannot guarantee section 508 compliance (accessibility) on any external websites. Additionally, when clicking on links to external websites, users should be aware that doing so causes them to leave CIGIE’s website and to be subject to that external website’s privacy policy. Furthermore, CIGIE neither controls nor guarantees the accuracy, relevance, timeliness, or completeness of the information contained in external website links.