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June21

Supreme Court sides with S.D. in online sales tax collection

South Dakota earned victory in the argument over online sales tax collection.   In a 5-4 decision, members of the U.S. Supreme Court sided with South Dakota in its challenge that states can collect sales tax from online retailers. The high court’s decision comes two months after Attorney General Marty Jackley presented the state’s case
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June20

Teacher Compensation Review Board meets for first time

The board charged with studying South Dakota’s progress on teacher pay convened for the first time on Wednesday (6/20).   Members of the Teacher Compensation Review Board, which was established in 2016 as part of legislation that overhauled the state’s funding formula, began their review of teacher compensation, including comparable wage indexes in surrounding states.  
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June17

Committee commences Extraordinary Cost Fund study

Legislators tabbed to review special education funding began their study recently (6/13).   The 13-member legislative panel convened to review South Dakota’s extraordinary cost fund for special education, which districts can apply for to receive additional funding for special education costs.   “It’s an important subject for all of us,” Committee Chair Rep. Mary Duvall
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June07

Revenue collection remains ahead with one month to go

Revenue for the fourth and fifth months of 2018 found the black and put fiscal year 2018 a positive final month away from collections outpacing estimates.   S.D. Bureau of Finance and Management reported April’s collections coming in $4.2 million above estimates with the Bank Franchise Tax ($4.7 million) being the month’s biggest winner while
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June01

Register for the premier learning event for board members and administrators

Interact with and learn from your fellow board members and administrators at the 2018 ASBSD-SASD Convention, which will feature insightful general session speakers and informative breakout sessions on a variety of topics, as well as more than one hundred exhibitors offering great services to K-12 education, on Thursday and Friday, August 9-10 at the Sioux Falls Convention Center.
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May06

Policy Alert: Annual Budget and finance policies

Policies of a school district have the full force and effect of law and legally bind the school district.  Wessington Springs Ed. Assoc. v. Wessington springs Sch. Dist., 467 N.W. 2d 101 (S.D. 1991).     By Gerry Kaufman, ASBSD Director of Policy & Legal Services   ASBSD Policy Services recently overhauled our annual budget
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April28

ASBSD Board meets for first time in 2018

After February’s scheduled board meeting was postponed due to winter weather, the ASBSD Board of Directors opened their 2018 meeting schedule in Sioux Falls last week (4/20-21) covering a litany of topics and honoring three fellow members for their service on the board.   Deuel School Board President Debbe Koenecke was presented a plaque for
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April24

State’s teacher pay improves national ranking

South Dakota’s teacher pay climbed the national ladder according to a recent study.   The National Education Association’s 2018 Rankings and Estimates report cited South Dakota’s average teacher salary of $46,979 in 2016-17 brought the state from 51st in the nation to 48th. The state’s average teacher salary rose by nearly $5,000 from 2015-16 to 2016-17,
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April14

Revenue figures revert to the red in March

Revenue figures reverted to the red in March.   S.D. Bureau of Finance and Management reported revenue for the third month of 2018 was nearly $2 million under projections adopted by the legislature during session.   Sales Tax collections were $2.4 million less than projected for the month with Bank Franchise Tax and Unclaimed Property
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April13

One-time funding coming to schools

School districts are set to receive one-time money following the end of this fiscal year.   Joint Appropriations committee members specified the one-time dollars appropriated through the passage of House Bill 1044 during the 2018 legislative session will be distributed after June 30, but will not be included in next school year’s finance accountabilities.  
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