1 / 8

Tourism and State Development

Tourism and State Development. Budgets. Governor’s Office of Economic Development. FY1999 to FY2009 Budget Comparison. General Fund $1,845,338. Funding Sources:

zareh
Download Presentation

Tourism and State Development

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Tourism and State Development Budgets

  2. Governor’s Office of Economic Development FY1999 to FY2009 Budget Comparison General Fund $1,845,338 Funding Sources: • General Fund Appropriation – (Sales & Community Development, Research, Marketing & Public Relations, Energy Development, Creative Strategies, International, and Administrative Functions). • Federal Authority • Community Development Block Grant – provides funds for community projects. • State Energy Program – provides assistance for energy conservation measures. • Other Authority • Future Fund - SDCL 61-5-24.2 provides funding for purposes related to research and economic development for the state. • Revolving Economic Development and Initiative Fund – SDCL 1-16G-24 provides for the administration of REDI loan programs. • Value Added Agriculture Subfund/Motor Fuel Tax Refunds – provides grants for feasibility and marketing studies for prospective value added agriculture businesses. • Energy Conservation Petroleum Violation Escrow Fund – provides assistance for energy conservation measures. Federal Authority $10,287,733 Other Authority $6,495,789 Budget: $18,628,860 FTE: 43.8 General Fund $2,545,275 Federal Authority $11,266,979 Other Authority $11,621,729 Budget: $25,433,983 FTE: 40.8

  3. Office of Tourism FY1999 to FY2009 Budget Comparison Funding Sources: • General Fund Appropriation – Million Dollar Challenge Partnerships • Other Authority • Promotion Fund – SDCL 1-42-31. A 1% gross receipts tax on visitor related businesses • Gaming Tax – SDCL 42-7B-48. Forty percent of the 8% gaming tax • Co-op Marketing Partnerships Other Authority $5,236,215 FTE: 20.8 General Fund $2,000,000 Other Authority $9,662,349 FTE: 23.8

  4. Division of Research & Commerce FY2004 to FY2009 Budget Comparison Funding Source: • General Fund Appropriation – provides funding for the 2010 Research Centers, EPSCoR, and administration. • An additional $2,962,500 was received through special appropriation during the 2007 Legislative Session for the Center of Excellence Drought Tolerance Biotechnology 2010 Center. General Funds $3,523,917 FTE: 2.0 General Funds $4,042,323 FTE: 2.0

  5. Office of Tribal Government Relations FY1999 to FY2009 Budget Comparison Funding Source: • General Fund Appropriation –provides the communication links between the State, Tribal Government, and Tribal Organizations. General Funds $111,133 FTE: 2.0 General Funds $224,922 FTE: 3.0

  6. Office of Arts FY1999 to FY2009 Budget Comparison Funding Sources: • General Fund Appropriation –provides match and administration for the grants program. • Federal Authority • National Endowment for the Arts – provides lifelong learning through the arts, enhances quality of life, encourages cultural diversity, and promotes creative thinking. • Other Authority – provides a means to accept private donations and grants. Federal Authority $520,363 General Funds $475,147 Other Authority $113,000 Budget: $1,108,510 FTE: 3.0 Federal Authority $746,863 General Funds $643,509 Other Authority $113,000 Budget: $1,503,372 FTE: 3.0

  7. Office of HistorySouth Dakota State Historical Society FY1999 to FY2009 Budget Comparison Funding Sources: • General Fund Appropriation – (archives, museum, historic preservation, research and publishing, and administrative functions). • Federal Authority • National Park Service – Historic Preservation Grants, Bureau of Land Management and U.S. Corps of Engineers’ archeological surveys and assessments. • Other Authority • Gaming tax – SDCL 42-7B-48. $100,000 transferred to the Historical Preservation Loan and Grant Fund annually. • Archeological surveys, tests, and excavations for state, federal, and private projects. • Fees set by administrative rule for memberships, sales, contributions, admission, and use of documents. Federal Authority $777,502 General Funds $2,189,766 Other Authority $1,019,537 Budget: $3,986,805 FTE: 37.0 Federal Authority $865,805 General Funds $2,341,705 Other Authority $2,040,338 Budget: $5,247,848 FTE: 45.0

  8. South Dakota Energy Infrastructure Authority Budget Funding Sources: • The 2006 Legislature enacted Senate Bill 165 that authorized $247,000 to be used for the operations of the South Dakota Energy Infrastructure Authority. • The 2008 Legislature authorized $56,688 through the General Appropriations Bill to provide funding in FY2009 for the Authority.

More Related