State Budgets 2012: South Dakota
To see more state budget news and information, visit State Budgets 2012.
- Legislative Session 2012: Convened January 12, 2012
- Fiscal Year Begins: July
- Frequency of Legislative Cycle: Annual
- Frequency of Budget Cycle: Annual
Learn more from the National Association of State Budget Officers
Budget News and Information: 2012
3/16/12: Gov. Daugaard Signs $4 Billion SD Budget
South Dakota Gov. Dennis Daugaard has signed into law a $4 billion state budget that will begin to replace money cut a year ago for schools and medical services for poor people.
The governor announced Friday he has signed the bill, which was passed on the final day of the main run of this year's legislative session. It will spend about $1.2 billion in state general funds in the year beginning July 1, up about $93 million from this year. It also authorizes spending of about $1.75 billion in federal funds and $1 billion in other state funds.
Read More: KDLT News
3/16/12: SD governor signs into law $4 billion state budget bill; boosts spending on schools, Medicaid
South Dakota Gov. Dennis Daugaard signed into law Friday a $4 billion state budget that will begin to replace money cut a year ago for schools and medical services for poor people.
The Republican governor and the Legislature a year ago cut state spending to deal with a $127 million budget gap, with much of the cuts falling on state aid to school districts and reimbursements to nursing homes, hospitals, doctors and others who provide care for low-income people in the Medicaid program.
With an improving economy and increasing tax collections, Daugaard and the Legislature agreed to boost spending in the budget year that begins July 1. Much of the increased spending will not be built into ongoing bases, meaning the state is not obligated to continue spending at those levels if the economy falters.
Read More: The Republic
3/8/12: Pierre Report Tom Jones: State Budget Finalized
At 8:30 p.m. Friday night, the state budget for our next fiscal year was passed. After many recesses and a short debate on the House floor, we are finished with this year’s session with the exception of returning March 19 to revote on any bills that the governor has vetoed.
The General Appropriations Bill passed and will fund the ongoing needs of state government for the fiscal year 2013-14.
Read More: Yankton Daily
3/5/12: SD Gov Signs Extra Aid for Schools, Medicaid
Gov. Dennis Daugaard has signed into law his plan to give one-time payments to South Dakota school districts and medical facilities that provide care to low-income people.
The measure faced little opposition when it was approved by the Legislature. It spends $27 million in state funds collected this year to give extra help schools and medical facilities next year. That money is in addition to ongoing funding increases built into the state budget.
Read More: KDLT News
3/2/12: SD Legislative Committee Approves State Budget
The South Dakota Legislature's budget-writing panel put the finishing touches Friday on a $4 billion state budget that begins to replace money cut last year in schools and medical services for poor people.
However, a disagreement between House and Senate members of the Joint Appropriations Committee killed a last-minute attempt to give even more money on a one-time basis to school districts and the nursing homes and other facilities that provide care for low-income people in the Medicaid program.
Members of the Senate Republican majority sought to give $2.1 million each to schools and Medicaid providers, but House Republicans blocked the move, saying the money should be kept in reserve in case the economy falters.
Read More: The Associated Press
Previous Legislative Cycles
4/26/11: Daugaard: Funding Could Increase Next Year
Gov. Dennis Daugaard said Monday there is “a reasonable prospect” that state funding can be increased next year for public school districts and for medical providers who serve the needy in South Dakota.
Daugaard said any increases would be possible because of improvements in South Dakota’s economy, coupled with funding cuts that were made throughout state government for the 2012 budget that begins this July 1.
Read More: The Daily Republic
3/28/11: South Dakota Legislature Wraps Up for 2011
State Sen. Dan Lederman, R-Dakota Dunes, is sharing what he sees as highlights of the 86th Legislative Assembly:
3/13/11: SD Legislators Close FY12 Budget Debate; Look Ahead to FY13
After two months of work, South Dakota's 105 legislators are now back at home. They approved the first state budget in the country for fiscal year '12, and, while the majority party is celebrating it's success, many lawmakers are looking to what lies ahead next year.
Read More: KDLT News
3/11/11: SD Lawmakers Pass $3.9B Budget to End Session
The South Dakota Legislature passed a $3.9 billion state budget Friday that closely follows Gov. Dennis Daugaard's plan to balance spending with ongoing revenue but without using reserves or raising taxes.
Read More: Forbes.com
3/10/11: SD Lawmakers to Consider 37 Budget Amendments
outh Dakota lawmakers have just two days to finalize the state's budget, the biggest issue facing the legislature this session.
In an effort to cushion deep cuts to education and heath care, lawmakers will consider 37 amendments aimed at funneling money to high-priority programs.
Read More: keloland.com
3/9/11: SD Lawmakers Pass Bill to Soften School Cut
South Dakota lawmakers gave preliminary approval Tuesday to two bills that would reduce the size of Gov. Dennis Daugaard's proposed cuts in state aid to school districts.
Read More: Bloomberg Business Week
3/8/11: Budget Plan Partially Restores Education Cuts
With Gov. Dennis Daugaard's endorsement, South Dakota lawmakers advanced two bills Monday that would curtail his recommended cuts to the state's public schools.
Read More: Argus Leader
3/7/11: Pessimistic Projections on Revenue Still Drive Budget Projections
As the South Dakota Legislature crafts a budget over the next four days, it is presuming good times aren't around the corner -- which means steep cuts are still on the table.
The revenue projections adopted Monday by lawmakers for next year are almost the same as the pessimistic projections Gov. Dennis Daugaard made in January.
Lawmakers expect the state to have $1.165 billion in revenue, compared to $1.164 in Daugaard's budget.
Read More: Rapid City Journal
3/3/11: SD Economists Predict Slow Growth in State Revenue
PIERRE, SD - An economist for Gov. Dennis Daugaard's office predicts that South Dakota's economy and tax collections will continue to grow, though not fast enough to provide much help in solving the state's budget problems.
Read More: Keloland.com
3/2/11: Cash-Strapped States Target Medicaid to Close Budget Gaps
Cash-strapped states are taking aim at Medicaid, the health-care program for low-income people, as stubbornly high employment is pushing an increase in enrollment and costs.
Read More: The Wall Street Journal
2/26/11: SD Governor Among Many Dealing with Budget Crisis
The state of South Dakota is facing a $127 million shortfall and deep budget cuts may be needed to offset it. But South Dakota's governor and legislature are not alone in this situation. Nationwide, most states are facing dramatic reductions in revenue.
Read More: Black Hills Fox