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SFAB passes resolution related to cash balance cap waivers

Leniency related to general fund cash balance caps could be coming for school districts.   Members of the School Finance Accountability Board (SFAB) met recently (9/22) and passed a resolution granting a waiver from the general fund cash balance cap for school districts who receive Coronavirus Relief Funds.   Download the SFAB Resolution here and […]

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Updates made to 2021 ASBSD Legislative Resolutions and Standing Positions

The latest iterations of ASBSD’s legislative platform for the 2021 legislative session are available for review.   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 is set for Friday, November 20. At this time, ASBSD is planning

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2020 ASBSD-SASD Virtual Convention sessions, schedule set

The 2020 ASBSD-SASD Convention will be held virtually on Thursday, August 6 and will begin at 9 a.m. with a keynote speech from Devin Hughes of The Orange Frog group followed by 15 live breakout sessions covering a variety of topics and a panel discussion on the upcoming school year with state officials, with EACH

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Funding info for the upcoming school year

As Fiscal Year 2021 begins the wave of school funding comes to districts.   The first half of state aid and special education funding will be made and to find out the amounts your district is set to receive click each link below: Click here to see District-by-District State Aid Funding (first half) Click here

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No special session scheduled, two percent to be provided

There will be no special legislative session this month, which means schools will receive the two percent funding increase prescribed by state law on July 1.   “We will not be having a special (legislative) session in June,” Gov. Kristi Noem said at her press conference on Thursday (6/4), adding that her administration would “continue

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2020 ASBSD-SASD Convention to be held virtually

The 2020 ASBSD-SASD Convention will be held virtually this year.   On Thursday, August 6, ASBSD and SASD, in conjunction with TIE, will host a virtual Convention for board members and administrators.   “Moving the ASBSD-SASD Convention to the virtual platform from our regular face-to-face event was a difficult decision,” ASBSD Executive Director Wade Pogany

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Revenue collections were mildly ahead in May, still down overall for year

Revenue collections were mildly ahead of projections for the month of May.   Overall for the month, collections were $1 million ahead of the projections adopted by the legislature in February and the gain brought the year-to-date figure to a $4.37 million deficit.   “Overall what they (revenue figures) will show you is that we’re

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Revenue collection shows effect of virus

South Dakota revenue collection has begun to show the impact of the Coronavirus.   April’s revenue collection came in $18 million less than what was adopted by the legislature earlier this year.   The S.D. Bureau of Finance and Management noted in it’s COVID-19’s Delayed Impact on South Dakota document that “a larger impact” was

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Two percent increase in play, special session looms

Two percent is still currently in the cards for school districts for the 2020-21 school year, but the possibility of a special session looms.   At the end of the legislative session and prior to the outbreak of the Coronavirus in the state, Gov. Kristi Noem and the legislature came together to support a two

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Revenue figures could have direct effect on state aid increase

The Coronavirus outbreak has had an impact on the state’s economy that has yet to be seen.   School districts received the two percent increase required by law, which is three percent or inflation, whichever is less and inflation for Fiscal Year 2021 is at 2 percent. That increase is in flux as a special session looms

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