MISSION:
To increase the demand for corn and the profitability of South Dakota corn growers by market maintenance and expansion, research, education, improved transportation, and the prevention, modification, or elimination of trade barriers that obstruct the free flow of corn and corn products to market.

	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	3,661,034	4,159,186	5,162,667	5,162,667	5,162,667	0
Total	$3,661,034	$4,159,186	$5,162,667	$5,162,667	$5,162,667	$0
EXPENDITURE DETAIL:
Personal Services	$88,762	$87,591	$127,667	$127,667	$127,667	$0
Operating Expenses	3,572,272	4,071,594	5,035,000	5,035,000	5,035,000	0
Total	$3,661,034	$4,159,186	$5,162,667	$5,162,667	$5,162,667	$0
Staffing Level FTE:	1.0	1.0	1.0	1.0	1.0	0.0

	ACTUAL FY 2009	ACTUAL FY 2010	ESTIMATED FY 2011	ESTIMATED FY 2012
REVENUES:
Corn Checkoff Assessment (Net of Refunds)	$3,550,000	$4,528,968	$4,500,000	$4,600,000
Interest Earned	100,000	80,657	100,000	100,000
Miscellaneous Income	1,000	1,000	2,000	1,000
Total	$3,651,000	$4,610,625	$4,602,000	$4,701,000
PERFORMANCE INDICATORS:
Education/Promotion Activities	45	50	55	55
Value-Added/Industry	10	15	15	15
Research (In-State)	10	10	10	10
Refunds	$500,000	$463,918	$460,000	$460,000

generated 11/18/10 03:44:00 PM