STATE TREASURER
GOVERNOR'S RECOMMENDED FY 2011 BUDGET
32 STATE TREASURER

MISSION:
To offer financial management in an expedient and cost-effective manner as a working partner throughout state government on matters, in whole or in part, relating to accounting, administration and support services, banking, bond management, budget, cash management, data processing, supervision and regulation of public funds insurance, investment receipts, state agency requests, state allocations, warrants, and unclaimed property; to accurately and legally account for South Dakota citizens and taxpayers all monies received, kept, and allocated of their state's treasury according to the Constitution and as directed by law; to authorize, supervise, perform, and coordinate all responsibilities vested in the Office of the State Treasurer; to exercise state leadership on finance and accounts; to maintain the stability of the state's banking; to direct the wire transfer of funds of the state treasury; to coordinate in a central, effective, and as efficient way as possible the electronic transfer of funds by state agencies when appropriate; and, to influence the state money available by monitoring the investment of state public funds and managing cash for use by the State Investment Council. LEGAL CITATION: South Dakota Constitution, Articles IV, XI, and XVIII, 1-10, 1-18, 1-30, 3-4, 3-5, 3-8, 3-12, 4-1, 4-3, 4-4, 4-5, 4-6, 4-6A, 4-8, 4-9, 4-10, 5, 12-5, 22-11, 23-3, 23A-40, 26-8A, 28-9, 28-11, 38-6, 43-41B, 46A-7A, 49-28, and 61-3.

  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 $479,196 $482,511 $506,859 $506,859 $508,556 $1,697
   Federal Funds 0 0 0 0 0 0
   Other Funds 8,719,782 8,851,424 11,167,389 11,968,985 11,813,433 646,044
      Total $9,198,978 $9,333,934 $11,674,248 $12,475,844 $12,321,989 $647,741
 
EXPENDITURE DETAIL:
   Personal Services $5,031,773 $4,812,424 $7,128,984 $7,905,946 $7,752,091 $623,107
   Operating Expenses 4,167,205 4,521,510 4,545,264 4,569,898 4,569,898 24,634
      Total $9,198,978 $9,333,934 $11,674,248 $12,475,844 $12,321,989 $647,741
 
Staffing Level FTE: 36.6 35.6 37.0 37.0 37.0 0.0

generated 11/25/09 03:31:36 PM