MISSION:
To provide the revenue necessary for the support of state and local government programs through the fair and consistent application of the tax laws and through a comprehensive program of education that explains the responsibilities and rights of taxpayers; to operate the state lottery established in SDCL 42-7A in a secure, efficient, and profitable manner; to provide for the safety and well-being of consumers and the general public by regulating the banking, securities, insurance, gaming, and racing industries; to protect the interests of the public when engaged in a real estate transaction; to promote ethical standards for abstracters; and, to assist in cleanup of petroleum spills. LEGAL CITATION: SDCL 10-1 through 10-53, except 10-44; SDCL 34A-13-14, 36-13, 36-21A, 42-7A, 42-7B-6, 51A-2; 58-2-1; 58-4A- 58-28-31; and, Executive Reorganization Order #2003-1.

	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	$781,176	$769,783	$859,510	$859,510	$859,510	$0
Federal Funds	663	0	47,000	11,998	11,998	(35,002)
Other Funds	53,496,030	52,776,306	54,045,011	52,423,278	51,758,157	(2,286,854)
Total	$54,277,869	$53,546,090	$54,951,521	$53,294,786	$52,629,665	($2,321,856)
EXPENDITURE DETAIL:
Personal Services	$11,844,888	$12,562,629	$13,872,522	$13,812,047	$13,796,726	($75,796)
Operating Expenses	42,432,981	40,983,460	41,078,999	39,482,739	38,832,939	(2,246,060)
Total	$54,277,869	$53,546,090	$54,951,521	$53,294,786	$52,629,665	($2,321,856)
Staffing Level FTE:	300.8	301.5	313.1	310.6	310.6	( 2.5)

generated 12/01/03 10:06:56 AM