|
GOVERNOR'S RECOMMENDED FY 2012 BUDGET |
ACTUAL
FY 2009ACTUAL
FY 2010BUDGETED
FY 2011REQUESTED
FY 2012GOVERNOR'S RECOMMENDED
FY 2012RECOMMENDED INC/(DEC)
FY 2012
FUNDING SOURCE:
General Funds
$0
$0
$0
$0
$0
$0
Federal Funds
0
0
0
0
0
0
Other Funds
5,552,198
5,820,131
8,917,882
9,765,220
8,699,288
(218,594)
Total
$5,552,198
$5,820,131
$8,917,882
$9,765,220
$8,699,288
($218,594)
EXPENDITURE DETAIL:
Personal Services
$4,263,771
$4,484,995
$7,173,564
$7,744,271
$6,682,562
($491,002)
Operating Expenses
1,288,427
1,335,135
1,744,318
2,020,949
2,016,726
272,408
Total
$5,552,198
$5,820,131
$8,917,882
$9,765,220
$8,699,288
($218,594)
Staffing Level FTE:
27.7
28.0
28.0
28.0
28.0
0.0
| ACTUAL FY 2009 |
ACTUAL FY 2010 |
ESTIMATED FY 2011 |
ESTIMATED FY 2012 |
|
| REVENUES: | ||||
| Investment Management Fees: | $0 | $0 | $0 | $0 |
| Retirement System (SDRS) | 5,121,712 | 4,314,676 | 5,003,384 | 7,557,304 |
| Cement Plant | 33,970 | 27,801 | 30,881 | 46,873 |
| Cash Flow Fund (CFF) | 580,583 | 698,813 | 800,735 | 1,209,911 |
| School and Public Lands (S&PL) | 118,081 | 108,178 | 123,076 | 185,539 |
| Dakota Cement Trust (DCT) | 179,930 | 155,655 | 169,619 | 255,849 |
| Education Enhancement Trust (EET) | 262,232 | 227,174 | 264,979 | 400,374 |
| Health Care Trust (HCT) | 69,159 | 61,125 | 72,302 | 109,370 |
| Total |
$6,365,667 |
$5,593,422 |
$6,464,976 |
$9,765,220 |
| PERFORMANCE INDICATORS: | ||||
| SDRS Yr-End Assets/Inv Income (Millions) | $5,640/$-1,478 | $6,488/$1,050 | ||
| SDRS Total Fund Return | -20.36% | 18.73% | ||
| SDRS Capital Mkt Benchmark/Mellon Corp | -18.0%/-17.64% | 11.12%/14.49% | ||
| CPRF Yr-End Assets/Inv Income (Millions) | $35.6/$-9.3 | $39.1/$7.1 | ||
| CPRF Total Fund Return/Benchmark Return | -19.98%/-17.89% | 19.98%/10.83% | ||
| CFF Average Amount Invested (Millions) | $966 | $1,037 | ||
| CFF Investment Income (Millions) | $57.6 | $50.2 | ||
| CFF Average Yield/Benchmark Yield | 4.51%/1.63% | 4.8%/0.2% | ||
| S&PL Yr-End Assets/Invest Income (Millions) | $139.1/$-26 | $154.9/$19.3 | ||
| S&PL Total Fund Return/Benchmark Return | -14.6%/-12.7% | 13.9%/10.8% | ||
| DCT Yr-End Assets/Invest Income (Millions) | $195.0/$-41.7 | $211.0/$28.7 | ||
| DCT Total Fund Return/Benchmark Return | -16.6%/-12.7% | 14.3%/10.8% | ||
| EET Yr-End Assets/Invest Income (Millions) | $302.5/$-64.5 | $341.1/$39.9 | ||
| EET Total Fund Return/Benchmark Return | -17.5%/-12.6% | 13.2%/10.4% | ||
| HCT Yr-End Assets/Invest Income (Millions) | $82.3/$-15.0 | $93.6/$11.5 | ||
| HCT Total Fund Return/Benchmark Return | -15.4%/-12.7% | 14.0%/10.8% | ||