(1) The name of each applicant for an easement and the date of each application for an easement during the fiscal year;
(2) A description of the property upon which an easement is offered; and
(3) An appraisal of the value of the conservation or preservation easement as provided in section fourteen of this article.
(b) Disbursement formula. -- Disbursement of authority funds to qualifying counties shall be based on the ratio of each county farmland protection board's appraisal value of conservation and preservation easement applications, including those applications to donate easements, received during the fiscal year to the total of the appraisal value of all applications for conservation and preservation easements for the fiscal year received by the authority from county farmland protection boards. Applications for easement donations may only be counted if the county farmland protection board holds or coholds the easement.