MISSION:
To work together with businesses, government organizations, educational institutions, and individual citizens to maximize and leverage public-private sector partnerships to generate new ideas, to develop new businesses, to strengthen existing businesses, and to encourage additional investment in South Dakota to improve the quality of life for all South Dakotans.

	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	$2,545,269	$2,437,695	$2,441,871	$2,268,397	$2,268,397	($173,474)
Federal Funds	12,691,876	12,702,256	19,768,805	11,268,805	11,268,805	(8,500,000)
Other Funds	9,830,053	10,503,140	11,625,626	11,625,626	11,625,626	0
Total	$25,067,198	$25,643,092	$33,836,302	$25,162,828	$25,162,828	($8,673,474)
EXPENDITURE DETAIL:
Personal Services	$2,239,325	$2,356,397	$2,523,706	$2,375,591	$2,375,591	($148,115)
Operating Expenses	22,827,874	23,286,694	31,312,596	22,787,237	22,787,237	(8,525,359)
Total	$25,067,198	$25,643,092	$33,836,302	$25,162,828	$25,162,828	($8,673,474)
Staffing Level FTE:	35.6	36.6	40.8	40.8	40.8	0.0

	ACTUAL FY 2009	ACTUAL FY 2010	ESTIMATED FY 2011	ESTIMATED FY 2012
REVENUES:
Total	$0	$0	$0	$0
PERFORMANCE INDICATORS:
Reported New Manufacturing/Calendar Year	13	9	10	15
Existing Manufacturing Expanded/CY	522	399	400	500
New Jobs Created/Calendar Year	3,952	3,298	3,000	4,000
Capital Investment Reported (Millions)	$401.8	$217.0	$250.0	$300.0
REDI Loans	7	18	15	15
REDI Loan Dollars Approved (Millions)	$4.6	$16.2	$18.5	$18.5
Total Outside Dollars Leveraged (Millions)	$9.3	$146.3	$65.0	$65.0
Future Fund Awards	73	72	75	75
Community Development Block Grants:
Grant Requests Received	21	21	25	32
Grants Awarded	16	26	25	27
Awards (Millions)	$6.1	$9.26	$7.15	$7.5
Active Grants	70	83	80	85
Project Dollars Expended (Millions)	$8.9	$9.3	$10.0	$9.0
EDFA Loans	1	2	2	2
EDFA Loan Dollars Approved (Millions)	$3.7	$7.6	$10.0	$10.0
EDFA Outside Dollars Leveraged (Millions)	$1.5	$16.5	$25.0	$25.0
APEX Loans	8	5	8	8
APEX Loans Approved	$1.3M	$654K	$1.5M	$1.5M
APEX Outside Dollars Leveraged	$1.4M	$819K	$2.0M	$2.0M
VASF Loans	3	0	2	2
VASF Loans Approved	$57,500	0	$200,000	$200,000
VASF Outside Dollars Leveraged	$455,000	0	$450,000	$400,000
Gross Domestic Product /CY	$36.9B	$37.7B	$38.5B	$40.0B
Co-oping with Communities/Businesses:
Marketing Campaign	5	5	5	5
Trade Shows	14	43	45	45

generated 11/18/10 03:44:45 PM