|
GOVERNOR'S RECOMMENDED FY 2008 BUDGET |
MISSION:
To regulate the gaming and racing industries within the state of South Dakota; to promulgate rules; to enforce such rules and statutes; and, to collect and distribute funds derived from these industries.
ACTUAL
FY 2005ACTUAL
FY 2006BUDGETED
FY 2007REQUESTED
FY 2008GOVERNOR'S RECOMMENDED
FY 2008RECOMMENDED INC/(DEC)
FY 2008
FUNDING SOURCE:
General Funds
$0
$0
$0
$0
$0
$0
Federal Funds
0
0
0
0
0
0
Other Funds
9,685,305
9,845,963
1,282,147
1,282,147
1,312,475
30,328
Total
$9,685,305
$9,845,963
$1,282,147
$1,282,147
$1,312,475
$30,328
EXPENDITURE DETAIL:
Personal Services
$641,959
$653,734
$808,847
$808,847
$839,175
$30,328
Operating Expenses
9,043,346
9,192,229
473,300
473,300
473,300
0
Total
$9,685,305
$9,845,963
$1,282,147
$1,282,147
$1,312,475
$30,328
Staffing Level FTE:
13.7
13.8
16.0
16.0
16.0
0.0
| ACTUAL FY 2005 |
ACTUAL FY 2006 |
ESTIMATED FY 2007 |
ESTIMATED FY 2008 |
|
| REVENUES: | ||||
| Gaming Fund: | $0 | $0 | $0 | $0 |
| Device Fee | 5,992,000 | 6,262,000 | 7,054,000 | 7,054,000 |
| Gross Revenue Tax | 6,311,658 | 6,688,194 | 6,700,000 | 6,700,000 |
| City Slot Tax | 461,079 | 398,761 | 304,000 | 304,000 |
| Application Fee | 109,860 | 139,510 | 120,000 | 120,000 |
| License Fee | 93,565 | 97,300 | 95,000 | 95,000 |
| Device Testing Fee | 12,620 | 11,537 | 8,000 | 8,000 |
| Penalties | 9,000 | 7,000 | 5,000 | 5,000 |
| Interest | 50,338 | 47,263 | 50,000 | 50,000 |
| Racing Revenues: | 0 | 0 | 0 | 0 |
| Dogs: | 0 | 0 | 0 | 0 |
| Commission | 57,206 | 36,764 | 37,000 | 37,000 |
| Licenses and Fines | 7,980 | 6,870 | 7,500 | 7,500 |
| Revolving Fund | 57,206 | 36,764 | 37,000 | 37,000 |
| Bred Fund | 57,206 | 36,764 | 37,000 | 37,000 |
| Horses: | 0 | 0 | 0 | 0 |
| Commission | 91,923 | 64,827 | 65,000 | 65,000 |
| Licenses and Fines | 15,945 | 16,200 | 16,000 | 16,000 |
| Revolving Fund | 131,364 | 54,083 | 55,000 | 55,000 |
| Bred Fund | 99,492 | 57,503 | 55,000 | 55,000 |
| Interest | 32,191 | 14,416 | 15,000 | 15,000 |
| Total |
$13,590,633 |
$13,975,756 |
$14,660,500 |
$14,660,500 |
| PERFORMANCE INDICATORS: | ||||
| Licenses Issued: | ||||
| Manufacturers/Distributors | 12 | 12 | 13 | 13 |
| Operators/Retailers | 33/142 | 35/157 | 35/157 | 36/170 |
| Support/Key Employees | 1,503 | 1,543 | 1,500 | 1,500 |
| Device Licenses | 2,996 | 3,131 | 3,527 | 3,527 |
| Gaming Distributions | $11,853,198 | $12,478,791 | $10,500,000 | $10,500,000 |