REVENUE AND REGULATION
GOVERNOR'S RECOMMENDED FY 2005 BUDGET
02 REVENUE AND REGULATION

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