MISSION:
To increase the demand for corn and the profitability of South Dakota corn growers by market maintenance and expansion, research, education, improved transportation, and the prevention, modification, or elimination of trade barriers that obstruct the free flow of corn and corn products to market.

	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	2,511,310	1,562,635	2,296,008	3,043,000	3,043,000	746,992
Total	$2,511,310	$1,562,635	$2,296,008	$3,043,000	$3,043,000	$746,992
EXPENDITURE DETAIL:
Personal Services	$86,599	$88,725	$111,008	$113,000	$113,000	$1,992
Operating Expenses	2,424,711	1,473,910	2,185,000	2,930,000	2,930,000	745,000
Total	$2,511,310	$1,562,635	$2,296,008	$3,043,000	$3,043,000	$746,992
Staffing Level FTE:	1.0	1.0	1.0	1.0	1.0	0.0

	ACTUAL FY 2002	ACTUAL FY 2003	ESTIMATED FY 2004	ESTIMATED FY 2005
REVENUES:
Corn Checkoff Assessment (Net of Refunds)	$2,027,112	$2,040,824	$2,000,000	$2,000,000
Interest Earned	76,412	96,486	75,000	100,000
Miscellaneous Income	34,447	6,488	40,000	10,000
Total	$2,137,971	$2,143,798	$2,115,000	$2,110,000
PERFORMANCE INDICATORS:
Education/Promotion Activities	21	30	19	20
Low Interest Loans	4	2	1	0
Value-Added/Industry	16	20	16	15
Research (In-State)	11	11	16	15
Program Budget Request	Annual	Annual	Annual	Annual
Refunds	$257,342	$252,426	$260,000	$260,000

generated 12/01/03 10:13:55 AM