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Gov. Daugaard Signs Budget Bills





            Office of Gov. Dennis Daugaard

500 E. Capitol Ave.

Pierre, S.D. 57501

605-773-3212

www.sd.gov

 

 

 

 

FOR IMMEDIATE RELEASE:  Thursday, March 16, 2017

CONTACT:  Tony Venhuizen or Kelsey Pritchard at 605-773-3212

 

EDITORS/NEWS DIRECTORS:  For video and audio from the Governor on the budget bills, visit news.sd.gov/media.aspx and click on “Video” or “Audio” under “Governor Dennis Daugaard.”

                                   

 

Gov. Daugaard Signs Budget Bills

 

PIERRE, S.D. – Gov. Dennis Daugaard today signed the budget bills, which revise the budget for Fiscal Year 2017 and set the budget for Fiscal Year 2018.

 

“I want to thank legislators and state budget staff for their work to keep South Dakota on a strong financial footing,” Gov. Daugaard said. “After several months of weak revenue, balancing the budget this year was no easy task. We are fortunate that despite the economic conditions, we were still able to provide modest increases to schools and providers.”

 

Including general, federal and other funds, the total budget for Fiscal Year 2018 is set at $4.6 billion. The budget bill continues the Governor’s policy of achieving a structurally balanced budget, using one-time money to fund one-time expenses and ongoing dollars to fund ongoing expenses.

 

Senate Bill 178 provides for the following ongoing increases in FY2018:

 

  • 0.3 percent for K-12 education,
  • 0.3 percent for community support providers, and
  • Funding to partially offset health insurance increases for state employees.

 

 

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