MISSION:
To preaudit all claims against the state, issue warrants, administer state employee payroll, record and monitor all fund balances and all fund transfers; to reconcile fund balances and submit numerous reports to agencies on the state's financial condition as set forth by the rules of the State Auditor, the State Board of Finance, and of other state agencies; to deposit, on the eighth-month schedule with the Internal Revenue Service, the social security and federal income taxes withheld from employees of the state of South Dakota and the state universities in a proper and timely manner; to audit and correct all wage data and social security records of the employees of the state of South Dakota, state universities, and 740 governmental subdivisions, including counties, cities, school districts, townships, and water districts; and, to serve as a repository for W-2s for state employees. LEGAL CITATION: South Dakota Constitution, Article IV, Section 7, SDCL 4-9-2, 4-9-7, 4-10-5, 3-11-3, and 3-11-7.

	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	$923,487	$987,734	$1,079,851	$1,097,419	$1,125,291	$45,440
Federal Funds	0	0	0	0	0	0
Other Funds	0	0	0	0	0	0
Total	$923,487	$987,734	$1,079,851	$1,097,419	$1,125,291	$45,440
EXPENDITURE DETAIL:
Personal Services	$795,040	$837,789	$895,004	$944,785	$973,567	$78,563
Operating Expenses	128,446	149,945	184,847	152,634	151,724	(33,123)
Total	$923,487	$987,734	$1,079,851	$1,097,419	$1,125,291	$45,440
Staffing Level FTE:	16.5	16.5	17.3	17.3	17.3	0.0

	ACTUAL FY 2004	ACTUAL FY 2005	ESTIMATED FY 2006	ESTIMATED FY 2007
REVENUES:
Receipts from Garnishments	$7,590	$7,830	$7,905	$8,010
Total	$7,590	$7,830	$7,905	$8,010
PERFORMANCE INDICATORS:
Vouchers Returned for Correction	5,806	5,372	5,900	6,100
Vouchers Audited	292,110	310,579	293,000	294,500
% of Vouchers Returned for Correction	1.99	1.73	2.01	2.07
Warrants Written:
Regular and Social Services	740,242	581,094	510,000	500,000
Colleges, Regents, SDSD, SDSVH	151,777	148,527	149,000	147,500
Labor - Aberdeen	4,249	4,647	4,700	4,800
Lottery	3,419	3,157	3,200	3,100
ACH Vendor Payments	11,088	12,878	14,200	16,000
ACH Transfer Documents Approved	1,014	1,245	1,100	1,200
Levies/Garnishments Processed	43/536	45/550	45/550	47/565
Child Care Court Order Payments	252	232	260	270
Wage Assignments	77	87	80	85
Stop Payments Issued	724	590	750	773
Consultant Contracts Filed	3,458	3,615	3,425	3,425
Replacement Warrants Filed	740	767	770	780
Forged Warrants	24	11	25	26
Submission of Annual Report	Annual	Annual	Annual	Annual
Local Bank Accounts	206	190	206	206
Active Government Subdivisions	737	737	735	733
State Government Social Security Contributions	$68,642,513	$71,722,926	$74,000,000	$77,000,000
U.S. Savings Bonds Issued/Value	4,769/$312,350	4,359/$281,200	4,594/$300,800	4,744/$310,700
Income Tax Withheld/Transmitted to IRS	$45,658,364	$47,852,320	$48,000,000	$49,000,000
Income Tax Withheld From Retirees	$17,389,263	$19,484,656	$20,000,000	$21,000,000

generated 11/29/05 12:55:15 PM