SECRETARY OF STATE
GOVERNOR'S RECOMMENDED FY 2005 BUDGET
3101 Secretary of State

MISSION:
To provide timely access to and accurate recording of all public state documents filed with the office; and, to fulfill the role as Chairman and Secretariat of the State Election Board by providing leadership and vision for federal and state election administration, while also providing assistance to local government election officials.

  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 $823,274 $856,142 $886,061 $885,311 $885,311 ($750)
   Federal Funds 0 11,170 413,061 200,193 200,193 (212,868)
   Other Funds 235,371 249,590 270,453 270,453 270,453 0
      Total $1,058,645 $1,116,902 $1,569,575 $1,355,957 $1,355,957 ($213,618)
 
EXPENDITURE DETAIL:
   Personal Services $659,167 $731,635 $735,757 $725,065 $725,065 ($10,692)
   Operating Expenses 399,478 385,267 833,818 630,892 630,892 (202,926)
      Total $1,058,645 $1,116,902 $1,569,575 $1,355,957 $1,355,957 ($213,618)
 
Staffing Level FTE: 14.5 15.4 15.3 15.3 15.3 0.0

  ACTUAL
FY 2002

ACTUAL
FY 2003

ESTIMATED
FY 2004

ESTIMATED
FY 2005

REVENUES:  
   Voter Registration Lists $15,000 $7,100 $15,000 $8,000
   Pistol Permits 87,409 77,773 80,000 80,000
   Domestic Corporations 921,453 1,152,069 1,500,000 1,500,000
   Foreign Corporations 1,036,649 1,067,367 1,500,000 1,500,000
   Limited Partnerships 10,890 11,430 15,000 15,000
   Trademark Registrations 25,236 28,070 56,000 56,000
   Uniform Commercial Code 875,145 885,502 1,000,000 1,000,000
   Notaries Public 23,061 24,244 58,000 58,000
   Copies (Except UCC) 51,510 53,646 55,000 55,000
   Miscellaneous 13,614 61,756 60,000 60,000
      
Total

$3,059,967

$3,368,957

$4,339,000

$4,332,000
PERFORMANCE INDICATORS:  
   DOMESTIC/FOREIGN:
   Corporations in File 25,201/10,190 25,853/10,280 26,400/10,370 26,750/10,460
   Limited Partnerships in File 1,220/350 1,287/372 1,350/400 1,400/425
   Limited Liability Companies in File 4,126/1,041 4,999/1,265 5,800/1,490 6,600/1,714
   Limited Liability Partnerships in File 573/43 589/43 605/50 630/55
   New Corporations 1,793/1,148 1,379/1,052 1,400/1,100 1,400/1,100
   New Limited Partnerships 94/25 93/32 95/25 95/25
   New Limited Liability Companies 970/326 1,124/314 1,100/300 1,100/300
   New Limited Liability Partnerships 76/26 82/18 80/20 80/20
   Corporations Annual Reports 33,100 29,434 32,000 33,000
   UCC I Statements 39,812 26,100 30,000 30,000
   UCC II Search 5,863 4,702 4,000 3,500
   UCC III Continuation/Amendment/Assignment 24,729 18,258 20,000 20,000
   UCC III Terminations 29,983 21,581 22,000 22,000
   Effective Financing Statements (EFS) 21,507 21,526 22,000 22,000
   Dakota Fast File Registrants 197 392 400 450
   Computer Access Program (CAP) 3 1 1 0
   Trademark Registration 476 461 465 465
   Pistol Permits 19,543 11,075 11,000 11,000
   Notary Commissions 2,317 2,219 2,300 2,300
   Financial Information Statement 220 140 220 140
   Statewide Campaign Finance Report 304 648 305 600
   Statewide Initiative and Referendum Petitions 2 1 1 1
   Voter Registration List 6 9 5 3

generated 12/01/03 10:46:35 AM