Taxation
A third bill related to capital outlay had its time on the legislative stage this week. Senators voted 31-1 to pass Senate Bill 191, which revises certain provisions in a program for capital outlay certificates and lease purchase agreements of school districts. Senate State Affairs committee members voted unanimously to pass the bill earlier in the week. …
Cap outlay bond/certificate program passes Senate Read More »
The first look at legislation adjusting the capital outlay fund of school districts was had on Tuesday (2/17). Rep. Justin Cronin introduced House Bill 1207, which would limit revenue collection of the school district capital outlay fund, implements opt-out procedures for the fund and adds $72 per-student to state aid, to the House Taxation …
First hearing held for capital outlay adjustment Read More »
On a day that saw the introduction of one piece of legislation changing capital outlay, another exited. Senate Bill 183, which would have lowered the percentage of supporting votes needed from 60 to 55 percent in elections on capital outlay certificates and bonds, failed to pass the Senate – dropping a 10-22 vote. ASBSD …
Members of the ASBSD Board of Directors met for the first time in 2015. The board met on Monday, Feb. 16, one day in advance of ASBSD’s Legislative Day. Board members reviewed key legislation and happenings from South Dakota’s 99th legislative session. After much deliberation a majority vote of the board resulted in …
A bill requiring school districts to report their fund balances at the end of each month in the fiscal year for the general, capital outlay, pension and special education funds was unanimously passed by the House of Representatives. Rep. Jacqueline Sly, House Bill 1148’s main sponsor, said the bill captures the “ebb and flow” of …
Bill aiming to ebb fund balance talk flows towards Senate. Read More »
Change may be coming to the capital outlay fund of school districts in larger ways, but a victory was struck for the fund at Wednesday’s (2/11) Senate Local Government committee meeting. Committee members voted 4-3 in favor of Senate Bill 183, which lowers the percentage of supporting votes needed from 60 to 55 percent …
Proposed percentage change in cap outlay votes passes comm. Read More »
After few years of struggle on the Senate side, a bill creating a leased residential property tax classification found favor in the chamber. An amended version of Senate Bill 100 passed the Senate on a 25-8 vote. The amendment removed the levy of $9.10/$1,000 of valuation, which was the same as commercial property levy …
Senate lets leased property tax class bill through Read More »
A bill requiring school districts to report their fund balances at the end of each month in the fiscal year for the general, capital outlay, pension and special education funds passed the House Education committee on a unanimous vote. Rep. Jacqueline Sly, House Bill 1148’s main sponsor, said the bill provides the legislature with a “timely collection …
Gov. Dennis Daugaard announced on Friday (2/6) his office will establish a “Blue Ribbon” task force with the charge of studying K-12 education. The task force will examine school funding, student achievement and the teacher shortage. Task force members will include government officials, school board members, administrators, teachers and parents. It is not expected …
Gov. Daugaard announces plans for task force to study K-12 Read More »
Members of the House Taxation committee voted to kill a bill that would have allowed school districts to raise their pension levy by $.05. School districts currently can levy $.30 per $1,000 of valuation for their pension levy and House Bill 1115, which was defeated on a 10-5 vote, would have raised the maximum …
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.