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 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	94,768	2,804,604	3,262,663	3,262,663	3,267,865	5,202
Total	$94,768	$2,804,604	$3,262,663	$3,262,663	$3,267,865	$5,202
EXPENDITURE DETAIL:
Personal Services	$90,192	$92,907	$132,663	$132,663	$137,865	$5,202
Operating Expenses	4,576	2,711,697	3,130,000	3,130,000	3,130,000	0
Total	$94,768	$2,804,604	$3,262,663	$3,262,663	$3,267,865	$5,202
Staffing Level FTE:	1.0	1.0	1.0	1.0	1.0	0.0

	ACTUAL FY 2004	ACTUAL FY 2005	ESTIMATED FY 2006	ESTIMATED FY 2007
REVENUES:
Corn Checkoff Assessment (Net of Refunds)	$2,469,009	$2,730,327	$2,200,000	$2,500,000
Interest Earned	97,165	91,377	100,000	100,000
Miscellaneous Income	18,063	255,190	50,000	10,000
Total	$2,584,237	$3,076,894	$2,350,000	$2,610,000
PERFORMANCE INDICATORS:
Education/Promotion Activities	35	20	30	30
Low Interest Loans	0	0	0	0
Value-Added/Industry	15	15	15	30
Research (In-State)	15	15	10	10
Program Budget Request	0	Annual	0	0
Refunds	$335,689	$377,568	$300,000	$350,000

generated 11/29/05 12:40:06 PM