MISSION:
To offer financial management in an expedient and cost-effective manner as a working partner throughout state government on matters, in whole or in part, relating to accounting, administration and support services, banking, bond management, budget, cash management, data processing, supervision and regulation of public funds insurance, investment receipts, state agency requests, state allocations, warrants, and unclaimed property; to accurately and legally account for South Dakota citizens and taxpayers all monies received, kept, and allocated of their state's treasury according to the Constitution and as directed by law; to authorize, supervise, perform, and coordinate all responsibilities vested in the Office of the State Treasurer; to exercise state leadership on finance and accounts; to maintain the stability of the state's banking; to direct the wire transfer of funds of the state treasury; to coordinate in a central, effective, and as efficient way as possible the electronic transfer of funds by state agencies when appropriate; and, to influence the state money available by monitoring the investment of state public funds and managing cash for use by the State Investment Council. LEGAL CITATION: South Dakota Constitution, Articles IV, XI, and XVIII, 1-10, 1-18, 1-30, 3-4, 3-5, 3-8, 3-12, 4-1, 4-3, 4-4, 4-5, 4-6, 4-6A, 4-8, 4-9, 4-10, 5, 12-5, 22-11, 23-3, 23A-40, 26-8A, 28-9, 28-11, 38-6, 43-41B, 46A-7A, 49-28, and 61-3.

	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	$458,350	$457,099	$486,866	$486,866	$497,568	$10,702
Federal Funds	0	0	0	0	0	0
Other Funds	6,579,757	7,170,160	8,897,602	9,914,816	9,926,435	1,028,833
Total	$7,038,107	$7,627,259	$9,384,468	$10,401,682	$10,424,003	$1,039,535
EXPENDITURE DETAIL:
Personal Services	$3,490,592	$3,755,681	$5,533,190	$6,305,499	$6,325,786	$792,596
Operating Expenses	3,547,515	3,871,578	3,851,278	4,096,183	4,098,217	246,939
Total	$7,038,107	$7,627,259	$9,384,468	$10,401,682	$10,424,003	$1,039,535
Staffing Level FTE:	32.3	33.8	37.0	37.0	37.0	0.0

generated 12/05/06 11:12:29 AM