MISSION:
To increase the demand for corn and the profitability of South Dakota corn growers by market maintenance and expansion, research, education, improved transportation, and the prevention, modification, or elimination of trade barriers that obstruct the free flow of corn and corn products to market.

	ACTUAL FY 2008	ACTUAL FY 2009	BUDGETED FY 2010	REQUESTED FY 2011	GOVERNOR'S RECOMMENDED FY 2011	RECOMMENDED INC/(DEC) FY 2011
FUNDING SOURCE:
General Funds	$0	$0	$0	$0	$0	$0
Federal Funds	0	0	0	0	0	0
Other Funds	4,508,111	3,661,034	4,162,135	4,162,135	4,162,667	532
Total	$4,508,111	$3,661,034	$4,162,135	$4,162,135	$4,162,667	$532
EXPENDITURE DETAIL:
Personal Services	$95,443	$88,762	$127,135	$127,135	$127,667	$532
Operating Expenses	4,412,668	3,572,272	4,035,000	4,035,000	4,035,000	0
Total	$4,508,111	$3,661,034	$4,162,135	$4,162,135	$4,162,667	$532
Staffing Level FTE:	1.0	1.0	1.0	1.0	1.0	0.0

	ACTUAL FY 2008	ACTUAL FY 2009	ESTIMATED FY 2010	ESTIMATED FY 2011
REVENUES:
Corn Checkoff Assessment (Net of Refunds)	$3,369,567	$3,550,000	$4,000,000	$4,000,000
Interest Earned	127,000	100,000	100,000	100,000
Miscellaneous Income	1,000	1,000	1,000	2,000
Total	$3,497,567	$3,651,000	$4,101,000	$4,102,000
PERFORMANCE INDICATORS:
Education/Promotion Activities	35	45	50	55
Value-Added/Industry	30	10	15	15
Research (In-State)	15	10	10	10
Refunds	$400,000	$500,000	$500,000	400,000

generated 11/25/09 03:14:25 PM