REVENUE AND REGULATION
GOVERNOR'S RECOMMENDED FY 2006 BUDGET
0210 Secretariat

MISSION:
To provide the revenue necessary for the support of state and local government programs through the fair and consistent application of the tax laws and through a comprehensive program of education that explains the responsibilities and rights of the taxpayers; to establish and implement policy decisions that affect the management of the department; to ensure the departmentís fiscal responsibility by utilizing all appropriate monies in an efficient and accountable manner; to account for and distribute revenues according to SDCL; to maximize automated systems, while minimizing administrative costs; to provide research and technology assistance, and collection services to the department; to provide legal assistance to the department; to actively investigate and prosecute violations of the criminal statutes of the revenue code; and, to protect the public by ensuring quality appraisals of real estate in South Dakota through adoption and enforcement of licensing standards for real estate appraisers.

  ACTUAL
FY 2003
ACTUAL
FY 2004
BUDGETED
FY 2005
REQUESTED
FY 2006
GOVERNOR'S RECOMMENDED
FY 2006
RECOMMENDED INC/(DEC)
FY 2006
FUNDING SOURCE:
   General Funds $118,488 $127,842 $151,501 $151,501 $153,001 $1,500
   Federal Funds 0 0 0 0 0 0
   Other Funds 2,385,976 2,596,102 2,995,262 6,157,677 3,021,762 26,500
      Total $2,504,464 $2,723,943 $3,146,763 $6,309,178 $3,174,763 $28,000
 
EXPENDITURE DETAIL:
   Personal Services $1,575,467 $1,574,195 $1,665,377 $1,671,292 $1,686,877 $21,500
   Operating Expenses 928,997 1,149,749 1,481,386 4,637,886 1,487,886 6,500
      Total $2,504,464 $2,723,943 $3,146,763 $6,309,178 $3,174,763 $28,000
 
Staffing Level FTE: 34.7 33.6 34.0 34.0 34.0 0.0

  ACTUAL
FY 2003

ACTUAL
FY 2004

ESTIMATED
FY 2005

ESTIMATED
FY 2006

REVENUES:  
   Internet and Phone Filing Collections $238,373,295 $295,934,844 $350,000,000 $400,000,000
   Remittance Center Collections: 0 0 0 0
   Department Collections 778,506,904 806,826,817 806,000,000 806,000,000
   Other State Agency Collections 160,553,070 117,223,558 118,000,000 118,000,000
   Appraiser Certification: 0 0 0 0
   New Application Fees 10,920 10,625 10,625 10,625
   Renewal Fees 70,150 72,950 72,950 72,950
   Investment Council Interest 3,147 3,277 3,277 3,277
   Reciprocity Fees 3,215 5,825 5,825 5,825
   Temporary Fees 8,250 7,800 7,800 7,800
   USPAP Reimbursement 1,228 0 0 0
   Upgrade Review Fees 500 1,200 1,200 1,200
   Penalty/Discipline Fees 5,025 6,597 6,597 6,597
   Course Fees 7,500 6,250 6,250 6,250
   Penalty/Renewals 0 1,100 1,100 1,100
      
Total

$1,177,543,204

$1,220,100,843

$1,274,115,624

$1,324,115,624
PERFORMANCE INDICATORS:  
   Telephone Collections $1,148,272 $1,072,944 $1,275,000 $1,275,000
   Department Cases Opened 248 271 275 280
   ISB Examinations/Investigations 130/49 75/36 130/50 150/55
   Department Documents Processed 480,848 487,573 485,000 475,000
   Other Department Documents Processed 54,141 51,257 51,000 51,000
   Internet Department Page Hits/E-Newsletters 822,879/41,553 2,013,734/47,644 2,000,000/50,000 2,000,000/52,000
   Appraisers--New/Renewed Licenses 38/316 33/331 33/331 33/331
   Complaints Received (Appraisers) 10 10 10 10
   Upgrade/New Application Reviews 3/4 12/2 12/2 12/2
   Reciprocity/Temporary 7/55 19/52 19/52 19/52
   Course Applications 150 125 125 125

generated 12/06/04 03:39:19 PM