MISSION:
To carry out the duties and responsibilties of the South Dakota Uniform Unclaimed Property Act; to have charge of and custodial responsibility for all property and monies received under this chapter; to maintain unclaimed property monies in a separate trust fund, and to pay rightful owners as directed by law; to keep an accurate record of the unclaimed property accounts and disbursements of the funds; and, to reimburse various entities, holders, and service providers as directed by statute.

	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	2,401,580	2,735,904	2,364,235	2,447,890	2,447,890	83,655
Total	$2,401,580	$2,735,904	$2,364,235	$2,447,890	$2,447,890	$83,655
EXPENDITURE DETAIL:
Personal Services	$199,389	$184,168	$148,350	$217,290	$217,290	$68,940
Operating Expenses	2,202,191	2,551,736	2,215,885	2,230,600	2,230,600	14,715
Total	$2,401,580	$2,735,904	$2,364,235	$2,447,890	$2,447,890	$83,655
Staffing Level FTE:	3.6	3.2	3.0	5.0	5.0	2.0

	ACTUAL FY 2003	ACTUAL FY 2004	ESTIMATED FY 2005	ESTIMATED FY 2006
REVENUES:
Cash Receipts	$3,082,177	$4,544,797	$3,200,000	$3,200,000
Total	$3,082,177	$4,544,797	$3,200,000	$3,200,000
PERFORMANCE INDICATORS:
Amount of Claims Paid	$1,946,387	$2,321,721	$2,000,000	$2,100,000
Value of Stocks Returned to Owners	$35,840	$38,218	$42,000	$44,000
Claims Paid	4,376	13,410	4,700	4,400
Records in Unclaimed Property Database	76,345	101,763	110,000	119,000
Stock Portfolio Valuation	$327,998	$421,343	$430,000	$439,000
Outreach Presentations	8	8	8	8

generated 12/06/04 04:09:08 PM