REVENUE AND REGULATION
GOVERNOR'S RECOMMENDED FY 2007 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 2004
ACTUAL
FY 2005
BUDGETED
FY 2006
REQUESTED
FY 2007
GOVERNOR'S RECOMMENDED
FY 2007
RECOMMENDED INC/(DEC)
FY 2007
FUNDING SOURCE:
   General Funds $127,842 $156,858 $155,641 $155,641 $159,983 $4,342
   Federal Funds 0 0 0 0 0 0
   Other Funds 2,596,102 2,923,992 3,314,778 3,314,778 3,393,972 79,194
      Total $2,723,943 $3,080,850 $3,470,419 $3,470,419 $3,553,955 $83,536
 
EXPENDITURE DETAIL:
   Personal Services $1,574,195 $1,639,480 $1,966,833 $1,966,833 $2,050,369 $83,536
   Operating Expenses 1,149,749 1,441,370 1,503,586 1,503,586 1,503,586 0
      Total $2,723,943 $3,080,850 $3,470,419 $3,470,419 $3,553,955 $83,536
 
Staffing Level FTE: 33.6 34.7 39.0 39.0 39.0 0.0

  ACTUAL
FY 2004

ACTUAL
FY 2005

ESTIMATED
FY 2006

ESTIMATED
FY 2007

REVENUES:  
   Internet and Phone Filing Collections $295,934,844 $361,663,546 $415,000,000 $460,000,000
   Remittance Center Collections: 0 0 0 0
   Department Collections 806,826,817 803,073,162 800,000,000 790,000,000
   Other State Agency Collections 117,223,558 114,564,973 115,000,000 115,000,000
   Appraiser Certification: 0 0 0 0
   New Application Fees 10,625 10,690 10,690 10,690
   Renewal Fees 72,950 76,845 76,845 76,845
   Investment Council Interest 3,277 3,518 3,518 3,518
   Reciprocity Fees 5,825 6,200 6,200 6,200
   Temporary Fees 7,800 6,750 6,750 6,750
   Upgrade Review Fees 1,200 1,000 1,000 1,000
   Penalty/Discipline Fees 6,597 3,000 3,000 3,000
   Course Fees 6,250 4,550 4,550 4,550
   Penalty/Renewals 1,100 475 475 475
      
Total

$1,220,100,843

$1,279,414,709

$1,330,113,028

$1,365,113,028
PERFORMANCE INDICATORS:  
   Telephone Collections $1,072,944 $4,465,076 $5,400,000 $5,400,000
   Department Cases Opened 271 238 280 280
   ISB Examinations/Investigations 75/36 81/56 80/55 80/55
   Department Documents Processed 487,573 490,099 490,000 490,000
   Other Department Documents Processed 51,257 52,507 52,500 52,500
   E-Newsletters 47,644 52,983 55,000 55,000
   Tri-State Sales Tax Seminars 3/79 3/122 3/120 3/120
   Appraisers--New/Renewed Licenses 33/331 30/360 30/360 30/360
   Complaints Received (Appraisers) 10 10 10 10
   Upgrade/New Application Reviews 12/2 10/1 10/1 10/1
   Reciprocity/Temporary 19/52 17/45 17/45 17/45
   Course Applications 125 91 91 91

generated 11/29/05 12:37:24 PM