GOVERNOR'S RECOMMENDED FY 2005 BUDGET |
MISSION:
To ensure efficient management of school and endowment lands and trust funds owned and administered by the state of South Dakota for the support and maintenance of the public schools and the various state institutions for which the lands had been granted; to lease the optimum acreage of land and maintain all leases on file; to maintain all land sale contracts; to maintain the mineral ownership records and provide for the leasing of mineral acres; to invest the money received from land sales and the leasing of surface and mineral lands at the highest possible rate of return; and, to apportion the money to the various school districts and endowed institutions in South Dakota.
LEGAL CITATION: Article VI, Section 12 of the South Dakota Constitution, SDCL 1-17, 5-1, and 5-3 through 5-11.
ACTUAL
FY 2002ACTUAL
FY 2003BUDGETED
FY 2004REQUESTED
FY 2005GOVERNOR'S RECOMMENDED
FY 2005RECOMMENDED INC/(DEC)
FY 2005
FUNDING SOURCE:
General Funds
$467,749
$474,292
$484,032
$486,032
$486,032
$2,000
Federal Funds
0
0
0
0
0
0
Other Funds
249,572
229,769
225,000
225,000
225,000
0
Total
$717,321
$704,062
$709,032
$711,032
$711,032
$2,000
EXPENDITURE DETAIL:
Personal Services
$348,230
$364,047
$375,098
$375,098
$375,098
$0
Operating Expenses
369,091
340,014
333,934
335,934
335,934
2,000
Total
$717,321
$704,062
$709,032
$711,032
$711,032
$2,000
Staffing Level FTE:
6.9
6.8
7.0
7.0
7.0
0.0
generated 12/01/03 10:45:57 AM