This report was prepared pursuant to Item 3560-001-0001 (1) of the Supplemental Report of the 2006 Budget Act, which states, “On or before January 10, 2008, the State Lands Commission shall report to the chairs of the appropriate policy committees and the fiscal committees in both houses on its audit program, including information on the number of leases, the revenue generated from each leases, and the frequency with which each is audited given current staffing. The department shall also report on the amount of additional revenues generated by each audit.”
