MISSION:
To plan, implement, and administer income replacement programs that give all SDRS members and their families the opportunity to achieve financial security at retirement, death, or disability by providing an outstanding, appropriate, and equitable level of benefits.

	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	52,948	53,500	56,500	131,500	131,500	75,000
Total	$52,948	$53,500	$56,500	$131,500	$131,500	$75,000
EXPENDITURE DETAIL:
Personal Services	$0	$0	$0	$0	$0	$0
Operating Expenses	52,948	53,500	56,500	131,500	131,500	75,000
Total	$52,948	$53,500	$56,500	$131,500	$131,500	$75,000
Staffing Level FTE:	0.0	0.0	0.0	0.0	0.0	0.0

	ACTUAL FY 2002	ACTUAL FY 2003	ESTIMATED FY 2004	ESTIMATED FY 2005
REVENUES:
Contributions	$6,955,000	$7,000,000	$7,500,000	$7,500,000
Earnings	-5,661,532	-2,000,000	4,000,000	3,500,000
Withdrawals	-4,500,000	-5,000,000	-5,500,000	-6,000,000
Total	$-3,206,532	$0	$6,000,000	$5,000,000
PERFORMANCE INDICATORS:
Participants	3,737	3,900	4,100	4,100
Total Assets	$66,300,000	$66,300,000	$72,300,000	$75,000,000

generated 12/01/03 10:27:13 AM