REVENUE AND REGULATION
GOVERNOR'S RECOMMENDED FY 2012 BUDGET
0264 Insurance Fraud Unit - Info

MISSION:
To confront the problem of insurance fraud in the state of South Dakota by prevention, investigation, and prosecution of fraudulent insurance acts.

  ACTUAL
FY 2009
ACTUAL
FY 2010
BUDGETED
FY 2011
REQUESTED
FY 2012
GOVERNOR'S RECOMMENDED
FY 2012
RECOMMENDED INC/(DEC)
FY 2012
FUNDING SOURCE:
   General Funds $0 $0 $0 $0 $0 $0
   Federal Funds 0 0 0 0 0 0
   Other Funds 170,014 180,632 267,046 240,341 240,341 (26,705)
      Total $170,014 $180,632 $267,046 $240,341 $240,341 ($26,705)
 
EXPENDITURE DETAIL:
   Personal Services $135,063 $146,268 $180,274 $156,417 $156,417 ($23,857)
   Operating Expenses 34,951 34,364 86,772 83,924 83,924 (2,848)
      Total $170,014 $180,632 $267,046 $240,341 $240,341 ($26,705)
 
Staffing Level FTE: 2.8 3.0 3.0 3.0 3.0 0.0

  ACTUAL
FY 2009

ACTUAL
FY 2010

ESTIMATED
FY 2011

ESTIMATED
FY 2012

REVENUES:  
   Company Assessments $349,750 $0 $349,000 $349,000
   Civil Penalties 0 0 0 0
   Investment Council Interest 11,748 13,985 11,500 12,000
      
Total

$361,498

$13,985

$360,500

$361,000
PERFORMANCE INDICATORS:  
   Educational Programs 16 15 15 16
   New Fraud Cases 93 114 95 100
   Cases Closed--Unfounded 79 92 75 85
   Criminal Convictions 4 2 6 6
   Civil Convictions 0 0 1 2

generated 11/18/10 03:41:20 PM