|
GOVERNOR'S RECOMMENDED FY 2010 BUDGET |
MISSION:
To work together with businesses, government organizations, educational institutions, and individual citizens to maximize and leverage public-private sector partnerships to generate new ideas, to develop new businesses, to strengthen existing businesses, and to encourage additional investment in South Dakota to improve the quality of life for all South Dakotans.
ACTUAL
FY 2007ACTUAL
FY 2008BUDGETED
FY 2009REQUESTED
FY 2010GOVERNOR'S RECOMMENDED
FY 2010RECOMMENDED INC/(DEC)
FY 2010
FUNDING SOURCE:
General Funds
$3,397,549
$2,446,041
$2,545,275
$3,559,506
$2,587,474
$42,199
Federal Funds
11,130,297
3,888,498
11,266,979
11,266,979
11,273,908
6,929
Other Funds
7,659,700
7,182,077
11,621,729
11,621,729
11,629,502
7,773
Total
$22,187,546
$13,516,616
$25,433,983
$26,448,214
$25,490,884
$56,901
EXPENDITURE DETAIL:
Personal Services
$2,102,535
$2,261,739
$2,514,585
$2,515,430
$2,558,100
$43,515
Operating Expenses
20,085,011
11,254,877
22,919,398
23,932,784
22,932,784
13,386
Total
$22,187,546
$13,516,616
$25,433,983
$26,448,214
$25,490,884
$56,901
Staffing Level FTE:
35.6
37.2
40.8
40.8
40.8
0.0
| ACTUAL FY 2007 |
ACTUAL FY 2008 |
ESTIMATED FY 2009 |
ESTIMATED FY 2010 |
|
| REVENUES: | ||||
| Total |
$0 |
$0 |
$0 |
$0 |
| PERFORMANCE INDICATORS: | ||||
| Existing Manufacturing Expanded/CY | 461 | 528 | 400 | 500 |
| New Jobs Created/Calendar Year (CY) | 3,044 | 4,083 | 3,000 | 3,000 |
| Capital Investment Reported (Millions) | $407.5 | $736.1 | $350.0 | $400.0 |
| REDI Loans | 23 | 15 | 15 | 15 |
| REDI Loan Dollars Approved (Millions) | $9.3 | $17.0 | $20.0 | $20.0 |
| Total Outside Dollars Leveraged (Millions) | $20.6 | $68.3 | $80.0 | $80.0 |
| Future Fund Awards | 78 | 62 | 80 | 80 |
| Community Development Block Grants: | ||||
| Grant Requests Received | 18 | 35 | 25 | 25 |
| Grants Awarded | 16 | 33 | 25 | 25 |
| Awards (Millions) | $4.7 | $10.0 | $7.0 | $7.0 |
| Active Grants | 68 | 73 | 75 | 75 |
| Project Dollars Expended (Millions) | $7.6 | $5.3 | $8.0 | $8.0 |
| EDFA Loans | 0 | 4 | 6 | 6 |
| EDFA Loan Dollars Approved (Millions) | $0.0 | $28.7 | $28.0 | $28.0 |
| EDFA Outside Dollars Leveraged (Millions) | $0.0 | $27.1 | $25.0 | $25.0 |
| APEX Loans | 13 | 3 | 3 | 3 |
| APEX Loans Approved | $2.0M | $556K | $556K | $556K |
| APEX Outside Dollars Leveraged | $5.7M | $1.3M | $1.3M | $1.3M |
| SBA 504 Loans | 8 | 4 | 4 | 4 |
| SBA 504 Loans Approved (Millions) | $5.2 | $1.6 | $2 | $2 |
| SBA 504 Outside Dollars Leveraged (Millions) | $10.7 | $2.3 | $7.5 | $8.0 |
| Microloan Loans | 17 | 12 | 15 | 15 |
| Microloan Loans Approved | $488,700 | $327,000 | $450,000 | $450,000 |
| Microloan Outside Dollars Leveraged | $748,357 | $510,000 | $500,000 | $500,000 |
| VASF Loans | 4 | 3 | 3 | 3 |
| VASF Loans Approved | $398,438 | $326,300 | $350,000 | $350,000 |
| VASF Outside Dollars Leveraged | $248,578 | $332,000 | $375,000 | $375,000 |
| Gross Domestic Product | $32.0M | $33.9M | $35.6M | $37.4M |
| Co-oping with Communities/Businesses Partners | ||||
| Marketing Campaign | N/A | N/A | 5 | 10 |
| Trade Shows | N/A | N/A | 14 | 14 |