Search Results for: revenue – Page 13

You are here:

Search Results for: revenue

Gov’s budget proposal includes one percent increase for schools

Gov. Dennis Daugaard proposed a one percent increase in funding for K-12 schools at his budget address for fiscal year 2018.   The proposed increase brings $6.8 million in new money to schools and the one percent increase was higher than what was required by law, as inflation came in at 0.3 percent.   “We’re …

Gov’s budget proposal includes one percent increase for schools Read More »

Review ASBSD’s updated legislative positions before Delegate Assembly

At their August meeting, members of the ASBSD Board of Directors approved changes to the Association’s legislative resolutions and standing positions recommended by the ASBSD Policy and Resolutions Committee.   The resolutions and standing positions dictate the legislative direction of ASBSD and are voted on by member districts at Delegate Assembly. This year’s Delegate Assembly has been …

Review ASBSD’s updated legislative positions before Delegate Assembly Read More »

Finance Accountability board reviews rules and waivers

On the first Friday in November of 2016, a group charged with tracking compliance with the requirements of the state’s school funding formula reviewed proposed deadlines that could be significant for some school districts on the first Friday in November of 2017.   School Finance Accountability Board members reviewed draft rules for school districts submitting …

Finance Accountability board reviews rules and waivers Read More »

Sales tax, state aid and the start of the fiscal year

It’s been three months since the State implemented the half-penny sales tax the legislature passed.   House Bill 1182 provided the means for schools to raise teacher salaries based on the infusion of $67 million into the new state aid formula. As expected, school districts provided raises to teachers using those funds through their collective …

Sales tax, state aid and the start of the fiscal year Read More »

A look at the final pieces of the education funding plan

With the passage of each piece of Gov. Dennis Daugaard and the Blue Ribbon Task Force’s education funding proposal, the state’s funding formula and other funds have seen extensive changes. Below is a breakdown of the key pieces of the formula and changes made.   You can download a PDF version of this information here …

A look at the final pieces of the education funding plan Read More »

SB 131: Gov. signs funding formula bill to cap historic session

After a legislative journey that saw new pieces added at each legislative stop, the state’s new funding formula was signed into law by Gov. Dennis Daugaard on the final day of the 2016 legislative session.   In the final week of legislative session, House members passed a freshly amended Senate Bill 131, which establishes a …

SB 131: Gov. signs funding formula bill to cap historic session Read More »

HB 1182: Sales tax increase bill passes Senate, signed by Gov.

A sigh of relief and well deserved celebration followed the clearing of the final legislative hurdle by the bill increasing the state’s sales tax by a half cent and that celebration continued through the final day of the 91st legislative session (3/11) when Gov. Dennis Daugaard signed the bill into law.   Senators broke the …

HB 1182: Sales tax increase bill passes Senate, signed by Gov. Read More »

HB 1182: Senate comm. supports sales tax increase

A recurring theme of legislative committee hearings of the bill calling for the increase to the state’s sales tax is the lack of opponent testimony.   Similar to its House committee hearing, House Bill 1182, which increases the state’s sales tax by a half cent and reduces property taxes, had a line of proponents testifying …

HB 1182: Senate comm. supports sales tax increase Read More »

SB 131: Funding formula proposal approved by Senate

The final piece in a proposal to increase funding for public education and teacher pay passed its legislative chamber of origin on Tuesday (2/23).   Senators voted 29-6 to pass Senate Bill 131, which establishes a target teacher salary and a target teacher ratio and revises certain provisions regarding education funding.   SB 131 was …

SB 131: Funding formula proposal approved by Senate Read More »

HB 1182: Sales Tax Increase bill passes House on second try

After years of need, months of discussion, weeks of review, days of votes and delays, and few changed minds, a bill providing the much needed revenue source for school districts to improve teacher pay took its first step towards becoming law on Monday (2/22).   Members of the House of Representatives voted 47-21 to pass …

HB 1182: Sales Tax Increase bill passes House on second try Read More »

Scroll to Top