|
GOVERNOR'S RECOMMENDED FY 2005 BUDGET |
MISSION:
To work together with businesses, government organizations, educational institutions, and individual citizens to maximize and leverage public-private sector partnerships to generate new ideas, to develop new businesses, to strengthen existing businesses, and to encourage additional investment in South Dakota to improve the quality of life for all South Dakotans.
ACTUAL
FY 2002ACTUAL
FY 2003BUDGETED
FY 2004REQUESTED
FY 2005GOVERNOR'S RECOMMENDED
FY 2005RECOMMENDED INC/(DEC)
FY 2005
FUNDING SOURCE:
General Funds
$2,135,224
$2,241,819
$2,205,445
$2,205,445
$3,305,445
$1,100,000
Federal Funds
10,186,344
9,910,645
10,442,753
10,442,753
10,442,753
0
Other Funds
7,298,910
8,832,940
9,904,158
13,154,158
13,154,158
3,250,000
Total
$19,620,478
$20,985,405
$22,552,356
$25,802,356
$26,902,356
$4,350,000
EXPENDITURE DETAIL:
Personal Services
$1,944,021
$1,880,117
$2,282,772
$2,282,772
$2,282,772
$0
Operating Expenses
17,676,457
19,105,287
20,269,584
23,519,584
24,619,584
4,350,000
Total
$19,620,478
$20,985,405
$22,552,356
$25,802,356
$26,902,356
$4,350,000
Staffing Level FTE:
37.3
15.0
43.8
43.8
43.8
0.0
| ACTUAL FY 2002 |
ACTUAL FY 2003 |
ESTIMATED FY 2004 |
ESTIMATED FY 2005 |
|
| REVENUES: | ||||
| Total |
$0 |
$0 |
$0 |
$0 |
| PERFORMANCE INDICATORS: | ||||
| Existing Industries Expanded/Calendar Year | 541 | 466 | 500 | 550 |
| New Jobs Created/Calendar Year | 2,633 | 2,398 | 2,500 | 2,750 |
| Capital Investment Reported (Millions) | $238.5 | $165.9 | $200.0 | $225.0 |
| REDI Loans | 22 | 23 | 20 | 20 |
| Total Loans Approved (All Funds) | 71 | 53 | 80 | 80 |
| REDI Loan Dollars Approved (Millions) | $8.1 | $17.0 | $10.0 | $10.0 |
| Total Outside Dollars Leveraged (Millions) | $40.5 | $90.0 | $45.0 | $60.0 |
| Future Fund Awards | 87 | 74 | 60 | 60 |
| Community Development Block Grants: | ||||
| Grant Requests Received | 64 | 105 | 60 | 60 |
| Grants Awarded | 49 | 95 | 40 | 40 |
| Awards (Millions) | $13.2 | $17.0 | $15.0 | $10.0 |
| Active Grants | 155 | 200 | 200 | 175 |
| Project Dollars Expended (Millions) | $8.3 | $9.6 | $20.0 | $15.0 |
| State Energy Program: | ||||
| Grant Requests | 17 | 27 | 25 | 25 |
| Grant Awards | 13 | 23 | 20 | 20 |
| Active Grants | 4 | 8 | 20 | 20 |
| Awards | $506,451 | $451,713 | $750,000 | $730,000 |
| Project Dollars Expended | $398,478 | $471,532 | $500,000 | $450,000 |
| Site Visits/Community Visits | 246/566 | 250/575 | 250/575 | 250/600 |
| Prospects Hosted | 40 | 50 | 50 | 50 |