Taxation
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, …
Members were appointed to the committee set to study an area of education funding this summer. The legislature’s Executive Board voted to approve the appointment of 13 legislators to the study of the state’s extraordinary cost fund, which districts can apply for to receive additional funding for special education costs. The legislators include: Representatives Dan Ahlers, …
Legislators appointed to interim study committees Read More »
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 …
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. …
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 …
Extraordinary cost fund tabbed for interim study Read More »
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 …
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 …
Teacher Compensation Review Board members appointed Read More »
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 …
Schools receive ongoing increase, one-time money Read More »
The governor will get a look at a bill adjusting capital outlay caps. Senators passed House Bill 1297, which revises certain provisions regarding capital outlay obligations, on a 33-1 vote. HB 1297 permit districts to raise their C/O levy to a level necessary to cover their capital outlay obligations and allows them to utilize …
A bill carving out a niche in the 100 student enrollment threshold is headed to the governor’s desk. Senators passed an amended version of House Bill 1215, which revises certain provisions regarding reorganization of certain school districts with low enrollment, on a 28-6 vote. “That’s an exception to the 100 student (enrollment) consolidation rule,” Sen. …
Associated School Boards of South Dakota is a private, non-profit organization representing more than 850 local school board members, the school districts they govern and the students they serve.