MISSION:
To carry out the duties and responsibilties of the South Dakota Uniform Unclaimed Property Act; to have charge of and custodial responsibility for all property and monies received under this chapter; to maintain unclaimed property monies in a separate trust fund, and to pay rightful owners as directed by law; to keep an accurate record of the unclaimed property accounts and disbursements of the funds; and, to reimburse various entities, holders, and service providers as directed by statute.

	ACTUAL FY 2007	ACTUAL FY 2008	BUDGETED FY 2009	REQUESTED FY 2010	GOVERNOR'S RECOMMENDED FY 2010	RECOMMENDED INC/(DEC) FY 2010
FUNDING SOURCE:
General Funds	$0	$0	$0	$0	$0	$0
Federal Funds	0	0	0	0	0	0
Other Funds	2,763,117	3,029,734	2,894,352	2,894,352	2,897,958	3,606
Total	$2,763,117	$3,029,734	$2,894,352	$2,894,352	$2,897,958	$3,606
EXPENDITURE DETAIL:
Personal Services	$223,666	$226,936	$238,352	$238,352	$241,958	$3,606
Operating Expenses	2,539,450	2,802,798	2,656,000	2,656,000	2,656,000	0
Total	$2,763,117	$3,029,734	$2,894,352	$2,894,352	$2,897,958	$3,606
Staffing Level FTE:	3.9	3.7	3.5	3.5	3.5	0.0

	ACTUAL FY 2007	ACTUAL FY 2008	ESTIMATED FY 2009	ESTIMATED FY 2010
REVENUES:
Cash Receipts	$9,823,973	$11,008,563	$10,000,000	$10,000,000
Total	$9,823,973	$11,008,563	$10,000,000	$10,000,000
PERFORMANCE INDICATORS:
Amount of Claims Paid	$2,235,949	$2,502,478	$2,500,000	$2,500,000
Value of Stocks Returned to Owners	$69,387	$187,663	$190,000	$190,000
Claims Paid	5,084	6,505	7,500	8,500
Records in Unclaimed Property Database	165,379	195,569	225,000	260,000
Stock Portfolio Valuation	$1,712,272	$1,393,333	$1,500,000	$1,600,000
Outreach Presentations	9	9	9	9

generated 11/24/08 10:58:35 AM