|
GOVERNOR'S RECOMMENDED FY 2006 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 have been granted.
ACTUAL
FY 2003ACTUAL
FY 2004BUDGETED
FY 2005REQUESTED
FY 2006GOVERNOR'S RECOMMENDED
FY 2006RECOMMENDED INC/(DEC)
FY 2006
FUNDING SOURCE:
General Funds
$474,293
$483,501
$497,219
$550,104
$503,519
$6,300
Federal Funds
0
0
0
0
0
0
Other Funds
229,770
224,991
225,000
225,000
225,000
0
Total
$704,062
$708,492
$722,219
$775,104
$728,519
$6,300
EXPENDITURE DETAIL:
Personal Services
$364,048
$374,615
$386,285
$432,285
$387,585
$1,300
Operating Expenses
340,014
333,877
335,934
342,819
340,934
5,000
Total
$704,062
$708,492
$722,219
$775,104
$728,519
$6,300
Staffing Level FTE:
6.8
7.0
7.0
8.0
7.0
0.0
| ACTUAL FY 2003 |
ACTUAL FY 2004 |
ESTIMATED FY 2005 |
ESTIMATED FY 2006 |
|
| REVENUES: | ||||
| Land Contract | $66,739 | $61,575 | $58,000 | $50,000 |
| Mineral Monies | 499,542 | 674,817 | 674,000 | 674,000 |
| Escheats, Misc. | 17,800 | 16,995 | 10,000 | 10,000 |
| Interest on Contract Payments | 18,425 | 11,239 | 8,000 | 6,000 |
| Surface Leasing | 2,654,443 | 2,870,504 | 2,870,500 | 2,870,500 |
| Mineral Monies | 499,542 | 674,817 | 674,000 | 674,000 |
| Return of Investments | 5,748,106 | 3,753,945 | 3,200,000 | 3,600,000 |
| Service Fees, Copies, Assignment of Leases and Con | 2,241 | 195,749 | 30,000 | 30,000 |
| Principal from Sale and Other Income to Fund | 65,672 | 90,639 | 85,000 | 90,000 |
| Total |
$9,572,510 |
$8,350,280 |
$7,609,500 |
$8,004,500 |
| PERFORMANCE INDICATORS: | ||||
| Apportion Common School Interest Fund | $9,218,530 | $6,648,505 | $6,000,000 | $6,000,000 |
| and Income to School Districts | ||||
| Apportion Endowed Income and Interest | $1,819,907 | $1,275,074 | $1,000,000 | $1,000,000 |
| Fund to Ten Endowed Institutions | ||||
| Manage and Maintain Surface Leases on | 2,997 | 2,960 | 2,960 | 2,960 |
| 799,607 Acres | ||||
| Grazing Land Lease Holders/Acres Leased | 1,490/792,000 | 1,450/784,000 | 1,400/784,000 | 1,400/784,000 |
| Annual Delay Rental (ADR) Oil and Gas | 169 | 360 | 360 | 360 |
| Held By Production (HBP) Oil and Gas | 44 | 77 | 77 | 77 |
| Mining Leases | 1 | 1 | 1 | 1 |
| Management of Land Sale Contracts | 110 | 92 | 80 | 60 |
| Patents (Deeds) Processed | 30 | 29 | 40 | 40 |
| Maintain List and Inventory of State | 110 | 110 | 110 | 110 |
| Conduct Inspection and Maintain Records | 100 | 100 | 100 | 100 |
| Dam Repair Schedule | 5 | 5 | 5 | 5 |
| Dam Inspections | 30 | 30 | 30 | 30 |