MISSION:
To increase the demand for corn and the profitability of South Dakota corn growers by market maintenance and expansion, research, education, improved transportation, and the prevention, modification, or elimination of trade barriers that obstruct the free flow of corn and corn products to market.

	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	1,562,636	94,768	3,047,564	3,258,760	3,258,760	211,196
Total	$1,562,636	$94,768	$3,047,564	$3,258,760	$3,258,760	$211,196
EXPENDITURE DETAIL:
Personal Services	$88,725	$90,192	$117,564	$128,760	$128,760	$11,196
Operating Expenses	1,473,911	4,576	2,930,000	3,130,000	3,130,000	200,000
Total	$1,562,636	$94,768	$3,047,564	$3,258,760	$3,258,760	$211,196
Staffing Level FTE:	1.0	1.0	1.0	1.0	1.0	0.0

	ACTUAL FY 2003	ACTUAL FY 2004	ESTIMATED FY 2005	ESTIMATED FY 2006
REVENUES:
Corn Checkoff Assessment (Net of Refunds)	$2,040,824	$2,469,009	$2,000,000	$2,200,000
Interest Earned	96,486	31,246	100,000	100,000
Miscellaneous Income	6,488	18,063	10,000	50,000
Total	$2,143,798	$2,518,318	$2,110,000	$2,350,000
PERFORMANCE INDICATORS:
Education/Promotion Activities	30	35	20	30
Low Interest Loans	2	0	0	0
Value-Added/Industry	20	15	15	15
Research (In-State)	11	15	15	10
Program Budget Request	Annual	0	Annual	0
Refunds	$252,426	$335,689	$260,000	$300,000

generated 12/06/04 03:44:16 PM