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Federal Land Transaction Facilitation Act Restrictions and ...

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BLM Has Raised Most<br />

FLTFA Revenue from<br />

<strong>L<strong>and</strong></strong> Sales in Nevada<br />

BLM Has Raised $95.7<br />

Million from FLTFA <strong>L<strong>and</strong></strong><br />

Sales, Primarily in Two<br />

Nevada Field Offices<br />

cap retention of receipts at $60 million per year.<br />

In addition, the U.S. Department of the Interior called for Congress to<br />

extend the FLTFA program to 2018.<br />

Since FLTFA was enacted in 2000, BLM has raised $95.7 million in<br />

revenue, mostly by selling 16,659 acres. As of May 2007, about 92 percent<br />

of the revenue raised, or $88 million, has come from l<strong>and</strong> sales in<br />

Nevada—1 of the 11 western states under FLTFA. Nevada accounts for<br />

most of the sales because of rapidly exp<strong>and</strong>ing population centers coupled<br />

with a high percentage of BLM l<strong>and</strong> in the state <strong>and</strong> experience selling<br />

l<strong>and</strong> under the SNPLMA program. Most BLM field offices have not<br />

generated revenue under FLTFA.<br />

Between July 2000 <strong>and</strong> May 2007, BLM raised $95.7 million in revenue for<br />

selling 16,659 acres, according to data verified by BLM state offices. In<br />

addition, the BLM Division of Business Services reports exchange<br />

equalization payments totaling $3.4 million. Nevada has accounted for the<br />

great majority of the sales. As of May 2007, about 92 percent of the<br />

revenue raised, or $88 million, has come from l<strong>and</strong> transactions in Nevada.<br />

More specifically, the Carson City <strong>and</strong> Las Vegas field offices generated a<br />

total of $86.2 million, or 90 percent of all revenue generated under FLTFA,<br />

mostly through a few competitive sales. For example, the Carson City<br />

Field Office raised $39.1 million through 3 sales <strong>and</strong> Las Vegas Field Office<br />

raised $33.6 million through 7 sales. Table 1 shows the state-by-state totals<br />

of sales revenue generated, acres sold, <strong>and</strong> number of sales. See appendix<br />

II for a listing of completed sales BLM state offices have reported to us.<br />

Page 14 GAO-08-196 <strong>Federal</strong> <strong>L<strong>and</strong></strong> Management

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