Taxation
The IRS recently announced (12/22) it has extended the 2018 due date for certain entities to provide 2017 health coverage information forms to individuals. Insurers, self-insuring employers, other coverage providers and applicable large employers now have until March 2, 2018, to provide Forms 1095-B or 1095-C to individuals, which is an automatic 30-day extension […]
IRS extends 2018 due dates issuing health coverage forms Read More »
South Dakota’s avoided the worst of winter’s coldest weather, thus far, but the state’s revenue collection last month was below zero, per se. November’s reported revenue collections came in lower than any other month thus far in fiscal year 2018 with actual collections coming in nearly $17 million lower than the projection adopted by
Collections well below projections in latest revenue report Read More »
Due declining revenue in South Dakota, Gov. Dennis Daugaard proposed no inflationary increase for K-12 education for fiscal year 2019 during his budget address on Tuesday (12/5). “I cannot recommend inflationary increases, at all,” Gov. Daugaard said, adding that funding for education for the 2018-19 school year will be “tied to increasing student enrollment”
Declining revenue collection results in no proposed inflationary increase for K-12 Read More »
Appropriators weighed in on the waivers received by school districts who did not meet one or both school finance accountability targets. At Tuesday’s (12/5) legislative Joint Appropriations Committee meeting, appropriators unanimously approved 15 outright and 14 conditional waivers previously granted by the School Finance Accountability Board. The mandates, which required 85 percent of the total state
Appropriators weigh in on waivers Read More »
This month, members of the School Finance Accountability Board met to determine the fate of waivers presented to them from school districts who did not meet one, or both, mandates tied to ensure an increase to teacher salaries and approve their final report to the legislative Appropriations committee. “This very important work, which is
Accountability board weighs in on waivers, approves final report Read More »
Seventy-six delegates approved ASBSD’s legislative direction for the upcoming session recently. Delegates ratified 28 resolutions and 11 standing positions, which set the legislative path for the 2018 legislative session, at ASBSD’s Delegate Assembly. Click here to review the resolutions and click here to review the standing positions. “Our work as school boards is
Legislative direction set at Delegate Assembly Read More »
South Dakota grabbed a rebound in revenue numbers in September, but saw the figures tipped out of bounds in October. October’s revenue figures came in nearly $5.6 million lower than the figure set by legislative projections adopted earlier this year. October’s loss comes on the heels of last month’s $3.5 million uptick on projections.
Revenue figures dip in October Read More »
District appointed Delegates should join fellow board members at ASBSD’s Delegate Assembly to help establish their state school board association’s legislative direction and share their district’s view on key legislative topics. Delegates will vote on ASBSD’s resolutions and standing positions, which set the legislative path for the 2018 legislative session, on Friday, November 17
Delegates: Join us at Delegate Assembly on Friday (Nov. 17) Read More »
Members of the board charged to review school district compliance with state mandates related to teacher pay recently discussed the upcoming waiver process for not meeting teacher pay mandates. Thirty-six South Dakota school districts missed the mandates for the 2016-17 school year, which required 85 percent of the total state aid dollars be allocated for
Accountability Board reviews waiver process, updates procedures Read More »
The data on teacher pay is in and with that comes the need for some districts to seek a waiver. Review the statewide teacher compensation data here. With the passage of the half-cent increase to the state sales tax used to improve teacher pay, as well as the new state aid funding formula,
Waiver process available for districts not meeting mandates Read More »
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.