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, and 3-11-3, 3-11-7.

	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	$987,734	$1,073,542	$1,125,291	$1,119,501	$1,162,584	$37,293
Federal Funds	0	0	0	0	0	0
Other Funds	0	0	0	0	0	0
Total	$987,734	$1,073,542	$1,125,291	$1,119,501	$1,162,584	$37,293
EXPENDITURE DETAIL:
Personal Services	$837,789	$902,959	$973,567	$975,533	$1,014,812	$41,245
Operating Expenses	149,945	170,583	151,724	143,968	147,772	(3,952)
Total	$987,734	$1,073,542	$1,125,291	$1,119,501	$1,162,584	$37,293
Staffing Level FTE:	16.5	17.3	17.3	18.2	18.0	0.7

	ACTUAL FY 2005	ACTUAL FY 2006	ESTIMATED FY 2007	ESTIMATED FY 2008
REVENUES:
Receipts from Garnishments	$7,830	$7,470	$8,100	$8,250
Total	$7,830	$7,470	$8,100	$8,250
PERFORMANCE INDICATORS:
Vouchers Returned for Correction	5,372	5,892	5,900	6,000
Vouchers Audited	310,579	309,479	310,000	311,000
% of Vouchers Returned for Correction	1.73	1.90%	1.90%	1.94%
Warrants Written:
Regular and Social Services	581,094	483,935	482,000	480,000
Colleges, Regents, SDSD, SDSVH	148,527	142,575	140,000	138,000
Labor - Aberdeen	4,647	4,690	4,730	4,750
Lottery	3,157	3,682	4,100	4,600
ACH Vendor Payments	12,878	10,593	11,000	12,000
ACH Transfer Documents Approved	1,245	1,568	1,800	2,100
Levies/Garnishments Processed	45/550	43/524	45/540	45/550
Child Care Court Order Payments	232	248	255	260
Wage Assignments	87	89	95	100
Stop Payments Issued	590	502	600	650
Consultant Contracts Filed	3,615	3,515	3,515	3,515
Replacement Warrants Filed	767	770	780	790
Forged Warrants	11	10	10	10
Submission of Annual Report	Annual	Annual	Annual	Annual
Local Bank Accounts	190	186	186	186
Active Government Subdivisions	737	685	687	690
State Government Social Security Contributions	$71,722,926	$75,202,172	$78,000,000	$81,000,000
U.S. Savings Bonds Issued/Value	4,359/$281,200	3,986/$365,000	3,986/$365,000	3,986/$365,000
Income Tax Withheld/Transmitted to IRS	$47,852,320	$51,306,711	$54,000,000	$57,000,000
Income Tax Withheld From Retirees	$19,484,656	$21,633,015	$23,000,000	$25,000,000

generated 12/05/06 11:13:07 AM