GOVERNOR'S RECOMMENDED FY 2005 BUDGET |
MISSION:
To conduct audits of sales/use, contractor’s excise, motor fuel, interstate fuel, prorate, franchise, severance, and estate/estate taxes to ensure compliance and increase revenues; and, to provide on-site taxpayer education as a component of the audit function.
ACTUAL
FY 2002ACTUAL
FY 2003BUDGETED
FY 2004REQUESTED
FY 2005GOVERNOR'S RECOMMENDED
FY 2005RECOMMENDED INC/(DEC)
FY 2005
FUNDING SOURCE:
General Funds
$0
$0
$0
$0
$0
$0
Federal Funds
0
0
0
0
0
0
Other Funds
2,582,501
2,682,677
2,825,985
2,832,536
2,832,536
6,551
Total
$2,582,501
$2,682,677
$2,825,985
$2,832,536
$2,832,536
$6,551
EXPENDITURE DETAIL:
Personal Services
$2,102,738
$2,243,192
$2,302,038
$2,303,309
$2,303,309
$1,271
Operating Expenses
479,763
439,485
523,947
529,227
529,227
5,280
Total
$2,582,501
$2,682,677
$2,825,985
$2,832,536
$2,832,536
$6,551
Staffing Level FTE:
51.5
51.4
52.0
52.0
52.0
0.0
ACTUAL FY 2002 |
ACTUAL FY 2003 |
ESTIMATED FY 2004 |
ESTIMATED FY 2005 |
|
REVENUES: | ||||
Total |
$0 |
$0 |
$0 |
$0 |
PERFORMANCE INDICATORS: | ||||
Assessments/Audits: | ||||
Sales & Use/Excise | $10,877,907/1,237 | $14,687,557/1,176 | $11,150,000/1,200 | $12,150,000/1,200 |
IFTA, Motor Fuel, Prorate | $375,537/422 | $489,119/288 | $500,000/300 | $550,000/300 |
Combined Sales Tax/Fuel Tax | $11,253,444/1,659 | $15,176,676/1,464 | $11,650,000/1,500 | $12,700,000/1,500 |
Bank Franchise/Severance Tax | $287,016/137 | $201,749/148 | $300,000/150 | $350,000/150 |
Inheritance Tax | $1,712,754/1,900 | $592,206/475 | $0/50 | $0/0 |
Limited Compliance | $101,612/7 | $111,647/3 | $125,000/20 | $125,000/20 |
Total Assessments | $13,354,826 | $16,082,278 | $12,075,000 | $13,175,000 |
Total Audits Performed | 3,703 | 2,090 | 1,720 | 1,670 |