S073146

Licenses. Permits and Fees

This revenue classification covers the receipts received from the sale of a broad variety of licenses,
permits and filing fees that are assessed to defray partially administrative costs. State agencies collecting
these revenues include the Department of Agriculture. Water and Natural Resources, Revenue. Commerce,
Public Safety, School and Public Lands, Game, Fish and Parks and the Secretary of State.

Investment Income and Interest
Revenues generated under this classification include the interest and investment earnings of the State
General Fund and other undedicated funds. The State also receives revenues from the rent or leasing of
state-owned property.

Charges for Goods and Services
Revenue sources under this category include charges made by the institutions under the Board of
Charities and Corrections, county reimbursement to the State for 15% of the total costs of the Unified
Judicial System (SDCL 16-2-35.1), 35% of fines, penalties, and forfeitures collected on municipal offenses
(SDCL 16-2-34). audit charges made by the Auditor General to state and local governments (SDCL
43-11-18). and other miscellaneous sources

Net Transfers to the State General Fund
Revenue under this category includes State General Fund reimbursements by the Motor Vehicle Fund,
Motor Fuel Fund, and Highway Fund, and receipts from the Department of Game. Fish and Parks, from the
Racing Commission, and reimbursement to the State by absent parents for aid to dependent children
payments.

Cement Plant Transfers
The State Cement Plant is owned by the State and located in Rapid City. Its income and retained
earnings for 1984 and 1985 were as follows:

...	...	Year Ended December 31
...	1985	1984
Net sales	$35,868,507	$35,092,596
Cost of sales	22,516,092	22,182,439
GROSS PROFIT	$13,352,415	$12,910,157
Selling and administrative expenses	2,064,781	2,180,886
OPERATING PROFIT	$11,287,634	$10,729,271
Other income (net)	2,729,154	2,039,675
NET PROFIT	$14,016,788	$12,768,946
Retained earnings at beginning of year	83,127,346	78,358,400
Transfer to State General Fund	8,000,000	8,000,000
RETAINED EARNINGS AT END OF THE YEAR	$89,144,134	$83,127,346

Source South Dakota Cement, Annual Report 1985.

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