|
GOVERNOR'S RECOMMENDED FY 2005 BUDGET |
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 department’s 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 2002ACTUAL
FY 2003BUDGETED
FY 2004REQUESTED
FY 2005GOVERNOR'S RECOMMENDED
FY 2005RECOMMENDED 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 |