LABOR
GOVERNOR'S RECOMMENDED FY 2007 BUDGET
1083 Deferred Compensation

MISSION:
To plan, implement, and administer income replacement programs that give all SDRS members and their families the opportunity to achieve financial security at retirement, death, or disability by providing an outstanding, appropriate, and equitable level of benefits.

  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 56,500 56,500 56,750 56,750 56,750 0
      Total $56,500 $56,500 $56,750 $56,750 $56,750 $0
 
EXPENDITURE DETAIL:
   Personal Services $0 $0 $0 $0 $0 $0
   Operating Expenses 56,500 56,500 56,750 56,750 56,750 0
      Total $56,500 $56,500 $56,750 $56,750 $56,750 $0
 
Staffing Level FTE: 0.0 0.0 0.0 0.0 0.0 0.0

  ACTUAL
FY 2004

ACTUAL
FY 2005

ESTIMATED
FY 2006

ESTIMATED
FY 2007

REVENUES:  
   Contributions $14,758,017 $9,948,705 $12,000,000 $14,000,000
   Earnings 1,994,102 2,445,700 3,000,000 3,500,000
   Withdrawals -11,552,078 -6,000,000 -6,000,000 -7,000,000
      
Total

$5,200,041

$6,394,405

$9,000,000

$10,500,000
PERFORMANCE INDICATORS:  
   Participants 4,165 4,358 4,400 4,500
   Total Assets $84,631,344 $95,715,806 $105,000,000 $115,500,000

generated 11/29/05 12:45:34 PM