Delaware Agricultural Lands Preservation Foundation Financial Statement Audit FY25

… er agricultural products. Preservation of the State’s farmlands and forestlands is considered essential to maintaining agriculture as a viable industry and an important contributor to Delaware’s economy. The Act also provided for the creation of the …

… ng Standards 56 1 Independent Auditor’s Report To the Management Delaware Department of Agriculture Delaware Agricultural Land Preservation Foundation Report on the Audit of the Financial Statements Opi …

… d is sufficient and appropriate to provide a basis for our audit opinions. To the Management Delaware Department of Agriculture Delaware Agricultural Land Preservation Foundation 2 Responsibilities of Management for the Financial S …

… s well as evaluate the overall presentation of the financial statements. To the Management Delaware Department of Agriculture Delaware Agricultural Land Preservation Foundation 3 • Conclude whether, in our judgment, there are con …

… as capitalized at its total acquisition value of $265,000. The Foundation shares employees with the Department of Agriculture (Department). The salaries of these shared employees are paid in full by the Department, and the Foundation does not …

… General Assembly under control of the Secretary of Finance and released to accounts within the Delaware Department of Agriculture (DDA) under the certification and subsequent control of the Secretary of Agricultu re. Federal funds and monies from …

… tablished by the State to provide benefits for state employees, excluding those who are shared with the Department of Agriculture (Note M). The Plan is a cost-sharing multiple-employer defined benefit pension plan established in the Delaware Code …

… 112,255 $ Note M: On-Behalf Payments The Foundation shares employees with the Department of Agriculture (Department). The salaries of these shared employees are paid in full by the Department, and the Foundation does not …