|
GOVERNOR'S RECOMMENDED FY 2011 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 2008ACTUAL
FY 2009BUDGETED
FY 2010REQUESTED
FY 2011GOVERNOR'S RECOMMENDED
FY 2011RECOMMENDED INC/(DEC)
FY 2011
FUNDING SOURCE:
General Funds
$2,446,041
$2,545,269
$2,438,473
$2,438,876
$2,441,871
$3,398
Federal Funds
3,888,498
12,691,876
11,266,979
11,266,979
11,268,805
1,826
Other Funds
7,182,077
9,830,053
11,621,729
11,621,729
11,625,626
3,897
Total
$13,516,616
$25,067,198
$25,327,181
$25,327,584
$25,336,302
$9,121
EXPENDITURE DETAIL:
Personal Services
$2,261,739
$2,239,325
$2,514,585
$2,514,988
$2,523,706
$9,121
Operating Expenses
11,254,877
22,827,874
22,812,596
22,812,596
22,812,596
0
Total
$13,516,616
$25,067,198
$25,327,181
$25,327,584
$25,336,302
$9,121
Staffing Level FTE:
37.2
35.6
40.8
40.8
40.8
0.0
| ACTUAL FY 2008 |
ACTUAL FY 2009 |
ESTIMATED FY 2010 |
ESTIMATED FY 2011 |
|
| REVENUES: | ||||
| Total |
$0 |
$0 |
$0 |
$0 |
| PERFORMANCE INDICATORS: | ||||
| Reported New Manufacturing/Calendar Year | 8 | 13 | 10 | 10 |
| Existing Manufacturing Expanded/CY | 528 | 522 | 400 | 500 |
| New Jobs Created/Calendar Year (CY) | 4,083 | 3,952 | 3,000 | 4,000 |
| Capital Investment Reported (Millions) | $736.1 | $401.8 | $300.0 | $500.0 |
| REDI Loans | 15 | 7 | 15 | 15 |
| REDI Loan Dollars Approved (Millions) | $17.0 | $4.6 | $15.0 | $15.0 |
| Total Outside Dollars Leveraged (Millions) | $68.3 | $9.3 | $50.0 | $65.0 |
| Future Fund Awards | 62 | 73 | 80 | 80 |
| Community Development Block Grants: | ||||
| Grant Requests Received | 35 | 21 | 25 | 25 |
| Grants Awarded | 33 | 16 | 25 | 25 |
| Awards (Millions) | $10.0 | $6.1 | $9.0 | $7.0 |
| Active Grants | 73 | 70 | 75 | 70 |
| Project Dollars Expended (Millions) | $5.3 | $8.9 | $11.0 | $8.0 |
| EDFA Loans | 4 | 1 | 2 | 1 |
| EDFA Loan Dollars Approved (Millions) | $28.7 | $3.7 | $10.0 | $10.0 |
| EDFA Outside Dollars Leveraged (Millions) | $27.1 | $1.5 | $25.0 | $25.0 |
| APEX Loans | 3 | 8 | 8 | 10 |
| APEX Loans Approved | $556K | $1.3M | $1.5M | $1.8M |
| APEX Outside Dollars Leveraged | $1.3M | $1.4M | $1.6M | $2.0M |
| VASF Loans | 3 | 3 | 5 | 5 |
| VASF Loans Approved | $326,300 | $57,500 | $150,000 | $150,000 |
| VASF Outside Dollars Leveraged | $332,000 | $455,000 | $400,000 | $400,000 |
| Gross Domestic Product - Calendar Year | $35.2B | $36.9B | $37.7B | $38.5B |
| Co-oping with Communities/Businesses Partners | ||||
| Marketing Campaign | N/A | 5 | 5 | 5 |
| Trade Shows | N/A | 14 | 32 | 40 |