|
GOVERNOR'S RECOMMENDED FY 2010 BUDGET |
MISSION:
To ensure efficient management of school and endowment lands and trust funds owned and administered by the state of South Dakota for the support and maintenance of the public schools and the various state institutions for which the lands have been granted.
ACTUAL
FY 2007ACTUAL
FY 2008BUDGETED
FY 2009REQUESTED
FY 2010GOVERNOR'S RECOMMENDED
FY 2010RECOMMENDED INC/(DEC)
FY 2010
FUNDING SOURCE:
General Funds
$536,875
$506,593
$669,722
$669,722
$551,164
($118,558)
Federal Funds
0
0
0
0
0
0
Other Funds
242,103
159,190
300,000
300,000
225,000
(75,000)
Total
$778,978
$665,783
$969,722
$969,722
$776,164
($193,558)
EXPENDITURE DETAIL:
Personal Services
$427,899
$391,603
$427,029
$427,029
$433,471
$6,442
Operating Expenses
351,080
274,180
542,693
542,693
342,693
(200,000)
Total
$778,978
$665,783
$969,722
$969,722
$776,164
($193,558)
Staffing Level FTE:
7.0
6.8
7.0
7.0
7.0
0.0
| ACTUAL FY 2007 |
ACTUAL FY 2008 |
ESTIMATED FY 2009 |
ESTIMATED FY 2010 |
|
| REVENUES: | ||||
| Principal On Land Contract Payments | $13,749 | $6,615 | $8,072 | $6,250 |
| Mineral Monies (Permanent Trust Fund) | 1,234,435 | 2,130,415 | 2,200,000 | 2,400,000 |
| Escheats & Interest on Escheated Investments | 30,642 | 18,923 | 18,000 | 17,000 |
| Interest on Land Contract Payment | 3,500 | 2,092 | 1,578 | 1,000 |
| Surface Leasing | 3,627,592 | 4,416,367 | 4,416,367 | 4,416,367 |
| Mineral Monies (School Distribution Funds) | 1,234,435 | 2,130,415 | 2,200,000 | 2,400,000 |
| Investment Income | 24,142,460 | -10,239,563 | -10,000,000 | 2,500,000 |
| Service Fees, Copies, Assignment of Leases | 92,542 | 85,494 | 85,000 | 85,000 |
| and Easements | 0 | 0 | 0 | 0 |
| Total |
$30,379,355 |
$-1,449,242 |
$-1,070,983 |
$11,825,617 |
| PERFORMANCE INDICATORS: | ||||
| Apportion Common School Interest Fund | $8,452,748.00 | $8,771,280.00 | $9,000,000.00 | $9,500,000.00 |
| and Income to School Districts | ||||
| Apportion Endowed Income and Interest | $2,025,621.00 | $3,915,474.00 | $4,000,000.00 | $4,500,000.00 |
| Fund to Ten Endowed Institutions | ||||
| Manage and Maintain Surface Leases on | 2,877 | 2,880 | 2,880 | 2,880 |
| 768,000 Acres | ||||
| Grazing Land Lease Holders/Acres Leased | 1,204/ 752,656 | 1,285/ 758,288 | 1,285/ 758,288 | 1,285/ 758,288 |
| Annual Delay Rental (ADR) Oil and Gas | 445 | 636 | 640 | 650 |
| Held By Production (HBP) Oil and Gas | 75 | 76 | 88 | 92 |
| Mining Leases | 138 | 201 | 201 | 201 |
| Management of Land Sale Contracts | 7 | 23 | 6 | 6 |
| Patents (Deeds) Processed | 7 | 6 | 10 | 6 |
| Maintain List and Inventory of State | 110 | 110 | 110 | 110 |
| Conduct Inspection and Maintain Records | 110 | 110 | 110 | 110 |
| Dam Repair Schedule | 2 | 3 | 5 | 5 |
| Dam Inspections | 35 | 35 | 35 | 35 |