AGRICULTURE
GOVERNOR'S RECOMMENDED FY 2005 BUDGET
0314 Soybean Research & Promo Council - Info

MISSION:
To promote the purchase of soybean products through improved transportation, merchandising, research, and public relations.

  ACTUAL
FY 2002
ACTUAL
FY 2003
BUDGETED
FY 2004
REQUESTED
FY 2005
GOVERNOR'S RECOMMENDED
FY 2005
RECOMMENDED INC/(DEC)
FY 2005
FUNDING SOURCE:
   General Funds $0 $0 $0 $0 $0 $0
   Federal Funds 0 0 0 0 0 0
   Other Funds 1,874,666 1,822,051 2,302,858 2,130,000 2,130,000 (172,858)
      Total $1,874,666 $1,822,051 $2,302,858 $2,130,000 $2,130,000 ($172,858)
 
EXPENDITURE DETAIL:
   Personal Services $153,903 $158,619 $180,858 $172,000 $172,000 ($8,858)
   Operating Expenses 1,720,763 1,663,432 2,122,000 1,958,000 1,958,000 (164,000)
      Total $1,874,666 $1,822,051 $2,302,858 $2,130,000 $2,130,000 ($172,858)
 
Staffing Level FTE: 3.0 3.0 3.0 3.0 3.0 0.0

  ACTUAL
FY 2002

ACTUAL
FY 2003

ESTIMATED
FY 2004

ESTIMATED
FY 2005

REVENUES:  
   Soybean Assessment $3,075,856 $3,265,453 $2,550,000 $2,800,000
   Less United Soybean Board -1,560,003 -1,673,421 -1,225,000 -1,350,000
   Less Qualified State Soybean Boards -30,024 -40,562 -50,000 -50,000
   Less Committed Dollars 0 0 -,727,263 0
   Carryover from Previous Year 0 0 1,054,360 650,000
   Investment Council Interest 128,669 92,016 90,000 80,000
   Other Income 95 29,897 0 0
   Refund of Prior Year's Expenditures 0 25,000 0 0
      
Total

$1,614,593

$1,698,383

$1,692,097

$2,130,000
PERFORMANCE INDICATORS:  
   Research - Other 4 3 1 2
   Consumer Education and Promotion:
   Programs/Activities 25 14 12 12
   Producer Education and Promotion:
   Programs/Activities 5 6 7 7
   Research - SDSU 16 11 11 12
   Industry/Value Added 6 8 5 8
   International Marketing--Domestic 3 4 1 2

generated 12/01/03 10:13:29 AM