LABOR
GOVERNOR'S RECOMMENDED FY 2005 BUDGET
1083 Deferred Compensation

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