MISSION:
Create opportunities for the South Dakota soybean producer to be more competitive while maximizing profits.

	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	$0	$0	$0	$0	$0	$0
Federal Funds	0	0	0	0	0	0
Other Funds	1,622,185	3,350,998	2,160,240	3,605,000	3,612,868	1,452,628
Total	$1,622,185	$3,350,998	$2,160,240	$3,605,000	$3,612,868	$1,452,628
EXPENDITURE DETAIL:
Personal Services	$160,889	$149,948	$177,240	$177,240	$185,108	$7,868
Operating Expenses	1,461,296	3,201,051	1,983,000	3,427,760	3,427,760	1,444,760
Total	$1,622,185	$3,350,998	$2,160,240	$3,605,000	$3,612,868	$1,452,628
Staffing Level FTE:	3.0	3.0	2.7	3.0	3.0	0.3

	ACTUAL FY 2004	ACTUAL FY 2005	ESTIMATED FY 2006	ESTIMATED FY 2007
REVENUES:
Carryover from Previous Year	$0	$0	$863,755	$650,000
Soybean Assessment	4,166,979	3,309,584	2,730,000	2,900,000
Less United Soybean Board	-1,906,836	0	0	0
Less Qualified State Soybean Boards	-70,346	0	0	0
Less Committed Dollars	0	0	0	0
Investment Council Interest	73,576	54,452	50,000	55,000
Other Income	143,857	101,906	0	0
Refund of Prior Year's Expenditures	9,500	0	0	0
Total	$2,416,730	$3,465,942	$3,643,755	$3,605,000
PERFORMANCE INDICATORS:
Research - Other	3	2	2	2
Consumer Education and Promotion:
Programs/Activities	14	8	10	10
Producer Education and Promotion:
Programs/Activities	6	10	10	10
Research - SDSU	11	12	12	12
Industry/Value Added	8	8	8	8
International Marketing--Domestic	4	3	2	2

generated 11/29/05 12:39:55 PM