Clark County Audit Report

Clark County Audit ReportClark County Audit DepartmentDistrict Attorney’s OfficeMetropolitan Police DepartmentOffice of Inspector GeneralBackground Info%Acres Leased Percentage leasedTransferred from BLM 5,230 100%Traded out (1286) 24.59%Auctioned (316) 6.04%Lease option (1442) (846) 27.57% 58.67%Remaining 2,186 41.80%Traded in 735 Total 2921 55.85%ƒƒObjectiveOur audit found that the DOA accomplished its goal of reducing the number of acres within the CMA area that is available for residential development and acquired acres that enhanced the County’s existing holdings through assemblage of parcels. ƒƒOverall Land Use ObectivesThe chart below shows that 56% of the acres traded to the DOA were within the identified lease areas. The chart further illustrates the proportion of leased area to total acres traded in within the CMA area by priority type.CMA Lease Area6%42%38%14%Lease Area ResidentialLease Area Non-ResidentialPriority AreaNon Priority AreaƒƒƒƒTrade CommentsThe time between the appraisal date and the ROA date was more than six months for 15% of the incoming land and 43% of the outgoing land.We found that the timing of the appraisals potentially gave the private party the favorable position in escalating market conditions for a majority of the trades. ƒƒTrade CommentsWe obtained assessed valuations for the years 2001, 2002, and 2003 on twelve parcels within the CMA area that were not owned by the County ...