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April17

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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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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April03

Extraordinary cost fund tabbed for interim study

An area of school funding will be studied by the legislature in this year’s interim.   Members of the legislature’s Executive Board voted unanimously to study the state’s extraordinary cost fund, which districts can apply for to receive additional funding for special education costs.   “This fund is getting hit pretty hard,” Rep. Hugh Bartels
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March19

SFAB reviews latest waiver process

The focus of the waiver process turns to general fund cash balance in 2018.   Last year, members of the School Finance Accountability Board acted on teacher compensation waivers and at their first meeting of the year (3/12), the board took a look at the general fund cash balance waiver process.   “I know that
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March17

Teacher Compensation Review Board members appointed

A new board charged with studying South Dakota’s progress on teacher pay has been appointed.   Established in 2016 as part of legislation that overhauled the state’s funding formula, the nine-member Teacher Compensation Review Board will review teacher compensation, including comparable wage indexes in surrounding states.   “The appointees have been made,” Department of Education
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March09

Schools receive ongoing increase, one-time money

Schools will receive an ongoing increase for next school year, as well as one-time money this year, after legislators approved three bills on the final days of the full run of session.   A one percent increase – equaling approximately $12 in new money – in state aid and special education will be sent to
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March07

Bill permitting Appropriators to act on waivers on to Gov.

A bill providing appropriators more options when it comes to acting on accountability waivers got through to the governor.   Senators passed an amended House Bill 1166, which provides the Joint or Interim Appropriations committee the power to approve, amend or deny teacher compensation waivers, on a 30-3 vote.   An amendment added on the Senate floor adds a step
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March05

Advocate to your legislators for an increase in state aid

With fewer than ten days left in legislative session, focus is turning towards finalizing the state budget and board members need to be advocating to their legislators for an increase in state aid for next year.   A few weeks ago, members of the Joint Appropriations committee adopted revenue projections for the Fiscal Year 2019
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March01

Bill providing appropriators leeway on waivers reaches Senate floor

A bill providing appropriators more decision making ability on waivers is a step closer to law.   On a 6-3 vote, Senate appropriators approved House Bill 1166, which provides the Joint or Interim Appropriations committee the power to approve, amend or deny teacher compensation waivers.   Sen. Justin Cronin told committee members the bill came about following the past year’s
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