Governor's Recommended Budget - State of South Dakota

TOURISM AND STATE DEVELOPMENT
GOVERNOR'S RECOMMENDED FY 2011 BUDGET

0421 Division of Research Commerce

MISSION:
To increase research, development and commercialization for the betterment of South Dakota; provide staff support for the Research and Commercialization Council and coordinate implementation and evaluation of the Council's investments in the state's research and commercialization infrastructure; manage state, federal, including EPSCoR, and private funds entrusted to this office for the purpose of promoting the development of the state's research infrastructure and knowledge-based economic development through commercialization of innovations, business start-ups, business expansion and attraction of new knowledge-based businesses; and work with private sector partners and organizations to leverage state and federal investments in the South Dakota research and commercialization infrastructure.

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 $4,036,574 $4,042,322 $4,042,323 $4,042,323 $4,042,579 $256

   Federal Funds 0 0 0 0 0 0

   Other Funds 0 0 0 0 0 0

      Total $4,036,574 $4,042,322 $4,042,323 $4,042,323 $4,042,579 $256

EXPENDITURE DETAIL:

   Personal Services $150,832 $156,580 $156,581 $156,581 $156,837 $256

   Operating Expenses 3,885,742 3,885,742 3,885,742 3,885,742 3,885,742 0

      Total $4,036,574 $4,042,322 $4,042,323 $4,042,323 $4,042,579 $256

Staffing Level FTE: 2.0 2.0 2.0 2.0 2.0 0.0

ACTUAL
FY 2008
ACTUAL
FY 2009
ESTIMATED
FY 2010
ESTIMATED
FY 2011

REVENUES:


Total
$0
$0
$0
$0

PERFORMANCE INDICATORS:

   Private Sector Dollars Invested in Research N/A $3.4M $5M $7M

   Infrastructure

   Federal Dollars Invested in Research N/A $646,437 $2M $3M

   Infrastructure

   Private Sector Dollars Invested in Technolgy N/A $3.2M $5M $7M

   Based Businesses

   Jobs Created (Defined NAICS Code)* 2,727 2,927 3,127 3,327

   Average Salary - Calendar Year $60,336 $61,336 $62,336 $63,336

   University Spin-Offs Facilitated 2 2 3 4

   University/Industry Research Collaborations 28 15 25 30

   Venture Capital/Angel Investor and

   Entrepreneur Introductions 15 24 30 35

   External Grant Funding Applications Facilitated 3 2 3 4



   *2008 is latest actual data available

generated 11/25/09 03:15:13 PM

	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	$4,036,574	$4,042,322	$4,042,323	$4,042,323	$4,042,579	$256
Federal Funds	0	0	0	0	0	0
Other Funds	0	0	0	0	0	0
Total	$4,036,574	$4,042,322	$4,042,323	$4,042,323	$4,042,579	$256

EXPENDITURE DETAIL:
Personal Services	$150,832	$156,580	$156,581	$156,581	$156,837	$256
Operating Expenses	3,885,742	3,885,742	3,885,742	3,885,742	3,885,742	0
Total	$4,036,574	$4,042,322	$4,042,323	$4,042,323	$4,042,579	$256

Staffing Level FTE:	2.0	2.0	2.0	2.0	2.0	0.0

	ACTUAL FY 2008	ACTUAL FY 2009	ESTIMATED FY 2010	ESTIMATED FY 2011
REVENUES:
Total	$0	$0	$0	$0
PERFORMANCE INDICATORS:
Private Sector Dollars Invested in Research	N/A	$3.4M	$5M	$7M
Infrastructure
Federal Dollars Invested in Research	N/A	$646,437	$2M	$3M
Infrastructure
Private Sector Dollars Invested in Technolgy	N/A	$3.2M	$5M	$7M
Based Businesses
Jobs Created (Defined NAICS Code)*	2,727	2,927	3,127	3,327
Average Salary - Calendar Year	$60,336	$61,336	$62,336	$63,336
University Spin-Offs Facilitated	2	2	3	4
University/Industry Research Collaborations	28	15	25	30
Venture Capital/Angel Investor and
Entrepreneur Introductions	15	24	30	35
External Grant Funding Applications Facilitated	3	2	3	4

*2008 is latest actual data available