REVENUE AND REGULATION
GOVERNOR'S RECOMMENDED FY 2005 BUDGET
0210 Secretariat

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 the taxpayers; to establish and implement policy decisions that affect the management of the department; to ensure the departmentís fiscal responsibility by utilizing all appropriate monies in an efficient and accountable manner; to account for and distribute revenues according to SDCL; to maximize automated systems, while minimizing administrative costs; to provide research and technology assistance, and collection services to the department; to provide legal assistance to the department; to actively investigate and prosecute violations of the criminal statutes of the revenue code; and, to protect the public by ensuring quality appraisals of real estate in South Dakota through adoption and enforcement of licensing standards for real estate appraisers.

  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 $131,242 $118,487 $148,062 $148,062 $148,062 $0
   Federal Funds 0 0 0 0 0 0
   Other Funds 2,387,657 2,385,976 2,794,550 2,940,976 2,940,976 146,426
      Total $2,518,899 $2,504,464 $2,942,612 $3,089,038 $3,089,038 $146,426
 
EXPENDITURE DETAIL:
   Personal Services $1,514,335 $1,575,467 $1,606,871 $1,607,652 $1,607,652 $781
   Operating Expenses 1,004,564 928,996 1,335,741 1,481,386 1,481,386 145,645
      Total $2,518,899 $2,504,464 $2,942,612 $3,089,038 $3,089,038 $146,426
 
Staffing Level FTE: 35.5 34.7 34.0 34.0 34.0 0.0

  ACTUAL
FY 2002

ACTUAL
FY 2003

ESTIMATED
FY 2004

ESTIMATED
FY 2005

REVENUES:  
   Internet and Phone Filing Collections $205,486,662 $238,373,295 $270,000,000 $300,000,000
   Remittance Center Collections: 0 0 0 0
   Department Collections 776,561,494 778,506,904 750,000,000 745,000,000
   Other State Agency Collections 141,541,249 160,553,070 162,000,000 162,000,000
   Appraiser Certification: 0 0 0 0
   New Application Fees 8,210 10,920 10,920 10,920
   Renewal Fees 62,800 70,150 70,150 70,150
   Investment Council Interest 3,734 3,147 3,147 3,147
   Reciprocity Fees 5,450 3,215 3,215 3,215
   Temporary Fees 7,300 8,250 8,250 8,250
   USPAP Reimbursement 3,185 1,228 0 0
   Upgrade Review Fees 400 500 500 500
   Penalty/Discipline Fees 2,200 5,025 5,025 5,025
   Course Fees 2,861 7,500 3,000 3,000
      
Total

$1,123,685,545

$1,177,543,204

$1,182,104,207

$1,207,104,207
PERFORMANCE INDICATORS:  
   Telephone Collections $1,872,138 $1,148,272 $1,350,000 $1,350,000
   Department Cases Opened 315 248 250 250
   ISB Examinations/Investigations 79/47 130/49 135/60 135/60
   Department Documents Processed 481,550 480,848 480,000 480,000
   Other Department Documents Processed 52,565 54,141 54,000 54,000
   Internet Department Page Hits/E-Newsletters 670,308/39,066 822,879/41,553 1,800,000/42,200 1,950,000/44,000
   Appraisers--New/Renewed Licenses 31/329 38/316 38/316 38/316
   Complaints Received (Appraisers) 13 10 10 10
   Upgrade/New Application Reviews 4/1 3/4 3/4 3/4
   Reciprocity/Temporary 19/49 7/55 7/55 7/55
   USPAP Requests/Course Applications 303/57 116/150 0/60 0/60

generated 12/01/03 10:07:09 AM