REVENUE AND REGULATION
GOVERNOR'S RECOMMENDED FY 2008 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 2005
ACTUAL
FY 2006
BUDGETED
FY 2007
REQUESTED
FY 2008
GOVERNOR'S RECOMMENDED
FY 2008
RECOMMENDED INC/(DEC)
FY 2008
FUNDING SOURCE:
   General Funds $156,858 $154,208 $159,983 $159,983 $161,001 $1,018
   Federal Funds 0 0 0 0 0 0
   Other Funds 2,923,992 3,805,864 3,493,972 3,493,972 3,543,993 50,021
      Total $3,080,850 $3,960,072 $3,653,955 $3,653,955 $3,704,994 $51,039
 
EXPENDITURE DETAIL:
   Personal Services $1,639,480 $1,993,448 $2,176,734 $2,176,734 $2,198,977 $22,243
   Operating Expenses 1,441,370 1,966,624 1,477,221 1,477,221 1,506,017 28,796
      Total $3,080,850 $3,960,072 $3,653,955 $3,653,955 $3,704,994 $51,039
 
Staffing Level FTE: 34.7 39.8 40.0 40.0 39.0 ( 1.0)

  ACTUAL
FY 2005

ACTUAL
FY 2006

ESTIMATED
FY 2007

ESTIMATED
FY 2008

REVENUES:  
   Internet and Phone Filing Collections $361,663,546 $434,715,213 $512,000,000 $585,000,000
   Remittance Center Collections: 0 0 0 0
   Department Collections 803,073,162 803,501,475 803,000,000 803,000,000
   Other State Agency Collections 114,564,973 109,982,180 106,000,000 103,000,000
   Appraiser Certification: 0 0 0 0
   New Application Fees 10,690 12,365 12,365 12,365
   Renewal Fees 76,845 78,605 78,605 78,605
   Investment Council Interest 3,518 4,589 4,589 4,589
   Reciprocity Fees 6,200 5,875 5,875 5,875
   Temporary Fees 6,750 9,900 9,900 9,900
   Upgrade Review Fees 1,000 2,300 2,300 2,300
   Penalty/Discipline Fees 3,000 3,100 3,100 3,100
   Course Fees 4,550 7,900 7,900 7,900
   Penalty/Renewals 475 1,175 1,175 1,175
      
Total

$1,279,414,709

$1,348,324,677

$1,421,125,809

$1,491,125,809
PERFORMANCE INDICATORS:  
   Collections:
   Centralized Collections $4,465,076 $7,536,146 $8,000,000 $8,000,000
   Department Cases Opened 238 352 355 355
   ISB Investigations 56 55 55 55
   Department Documents Processed 490,099 482,681 475,000 465,000
   Other Department Documents Processed 52,507 51,772 50,500 50,000
   E-Newsletters 52,983 58,291 60,000 62,000
   Tri-State Sales Tax Seminars 3/122 5/180 4/165 4/165
   Appraisers--New/Renewed Licenses 30/360 33/361 33/361 33/361
   Complaints Received (Appraisers) 10 17 17 17
   Upgrade/New Application Reviews 10/1 19/0 19/0 19/0
   Reciprocity/Temporary 17/45 8/66 8/66 8/66
   Course Applications 91 158 158 158

generated 12/05/06 10:43:35 AM