|
GOVERNOR'S RECOMMENDED FY 2005 BUDGET |
MISSION:
To regulate the gaming and racing industries within the state of South Dakota; to promulgate rules; to enforce such rules and statutes; and, to collect and distribute funds derived from these industries.
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
9,371,431
9,328,724
1,256,415
1,210,141
1,210,141
(46,274)
Total
$9,371,431
$9,328,724
$1,256,415
$1,210,141
$1,210,141
($46,274)
EXPENDITURE DETAIL:
Personal Services
$519,309
$635,951
$783,115
$736,841
$736,841
($46,274)
Operating Expenses
8,852,122
8,692,773
473,300
473,300
473,300
0
Total
$9,371,431
$9,328,724
$1,256,415
$1,210,141
$1,210,141
($46,274)
Staffing Level FTE:
12.7
15.0
18.0
16.5
16.5
( 1.5)
| ACTUAL FY 2002 |
ACTUAL FY 2003 |
ESTIMATED FY 2004 |
ESTIMATED FY 2005 |
|
| REVENUES: | ||||
| Gaming Fund: | $0 | $0 | $0 | $0 |
| Device Fee | 5,386,000 | 5,812,000 | 5,854,000 | 5,782,000 |
| Gross Revenue Tax | 4,843,591 | 5,142,925 | 5,100,000 | 5,100,000 |
| City Slot Tax | 500,001 | 713,829 | 505,921 | 568,000 |
| Application Fee | 132,640 | 114,855 | 130,000 | 130,000 |
| License Fee | 109,586 | 97,830 | 100,000 | 100,000 |
| Device Testing Fee | 5,514 | 6,254 | 15,000 | 15,000 |
| Penalties | 4,606 | 5,195 | 15,000 | 15,000 |
| Interest | 83,590 | 65,600 | 70,000 | 70,000 |
| Manual Sales | 22 | 42 | 100 | 100 |
| Racing Revenues: | 0 | 0 | 0 | 0 |
| Dogs: | 0 | 0 | 0 | 0 |
| Commission | 176,941 | 168,639 | 168,000 | 168,000 |
| Licenses and Fines | 9,440 | 7,020 | 7,000 | 7,000 |
| Revolving Fund | 176,941 | 168,639 | 168,000 | 168,000 |
| Bred Fund | 176,941 | 168,639 | 168,000 | 168,000 |
| Horses: | 0 | 0 | 0 | 0 |
| Commission | 270,838 | 192,903 | 135,000 | 135,000 |
| Licenses and Fines | 15,335 | 14,020 | 20,000 | 20,000 |
| Revolving Fund | 257,855 | 180,013 | 135,000 | 135,000 |
| Bred Fund | 260,646 | 183,561 | 135,000 | 135,000 |
| Interest | 148,823 | 132,149 | 44,000 | 44,000 |
| Total |
$12,559,310 |
$13,174,113 |
$12,770,021 |
$12,760,100 |
| PERFORMANCE INDICATORS: | ||||
| Licenses Issued: | ||||
| Manufacturers/Distributors | 12 | 13 | 13 | 13 |
| Operators/Retailers | 36/166 | 34/139 | 36/145 | 36/145 |
| Support/Key Employees | 1,617 | 1,766 | 1,700 | 1,700 |
| Device Licenses | 2,693 | 2,927 | 2,927 | 2,927 |
| Gaming Distributions | $10,073,386 | $10,737,797 | $10,700,000 | $10,700,000 |