MISSION:
To confront the problem of insurance fraud in the state of South Dakota by prevention, investigation, and prosecution of fraudulent insurance acts.

	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	$0	$0	$0	$0	$0	$0
Federal Funds	0	0	0	0	0	0
Other Funds	239,576	231,665	290,570	290,570	290,570	0
Total	$239,576	$231,665	$290,570	$290,570	$290,570	$0
EXPENDITURE DETAIL:
Personal Services	$188,075	$186,176	$203,798	$203,798	$203,798	$0
Operating Expenses	51,501	45,489	86,772	86,772	86,772	0
Total	$239,576	$231,665	$290,570	$290,570	$290,570	$0
Staffing Level FTE:	4.2	4.0	4.0	4.0	4.0	0.0

	ACTUAL FY 2003	ACTUAL FY 2004	ESTIMATED FY 2005	ESTIMATED FY 2006
REVENUES:
Company Assessments	$344,250	$330,750	$20,000	$345,000
Civil Penalties	2,443	2,000	3,000	3,000
Investment Council Interest	14,687	11,258	11,500	12,000
Total	$361,380	$344,008	$34,500	$360,000
PERFORMANCE INDICATORS:
Educational Programs	8	4	12	18
New Fraud Cases	130	105	130	135
Cases Closed--Unfounded	67	105	70	80
Criminal Convictions	7	3	12	12
Civil Convictions	2	1	6	10

generated 12/06/04 03:40:42 PM