MISSION:
To confront the problem of insurance fraud in the state of South Dakota by prevention, investigation, and prosecution of fraudulent insurance acts.

	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	$0	$0	$0	$0	$0	$0
Federal Funds	0	0	0	0	0	0
Other Funds	240,387	239,576	290,567	283,528	283,528	(7,039)
Total	$240,387	$239,576	$290,567	$283,528	$283,528	($7,039)
EXPENDITURE DETAIL:
Personal Services	$171,893	$188,075	$196,756	$196,756	$196,756	$0
Operating Expenses	68,494	51,501	93,811	86,772	86,772	(7,039)
Total	$240,387	$239,576	$290,567	$283,528	$283,528	($7,039)
Staffing Level FTE:	4.1	4.2	4.0	4.0	4.0	0.0

	ACTUAL FY 2002	ACTUAL FY 2003	ESTIMATED FY 2004	ESTIMATED FY 2005
REVENUES:
Company Assessments	$7,750	$344,250	$345,000	$6,000
Civil Penalties	496	2,443	2,400	2,400
Investment Council Interest	13,534	14,687	14,000	14,000
Total	$21,780	$361,380	$361,400	$22,400
PERFORMANCE INDICATORS:
Educational Programs	14	8	12	12
New Fraud Cases	111	130	130	130
Cases Closed--Unfounded	80	67	70	70
Criminal Convictions	9	7	5	5
Civil Convictions	2	2	2	2

generated 12/01/03 10:08:57 AM