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Gov proposes 5 percent funding increase, tax cut and scholarship program

It’s a proposed 5 percent increase in state aid for public schools.   On Tuesday (12/6), Gov. Kristi Noem shared her proposed budget for Fiscal Year 2024 with legislators and the public.   “This year I am recommending a 5 percent increase,” Gov. Noem said during the address in reference to state aid.   The …

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Adopted revenue projections higher than proposed in December

Revenue projections for the next fiscal year were adopted recently.   Legislative Appropriators adopted revenue projections at $2.067 billion for Fiscal Year 2023, which is more than $92 million higher than what was proposed by Gov. Kristi Noem in December, on a 14-3 vote.   With the revenue projections exceeding what was projected in December …

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State of the State includes focus on school related bills

South Dakota’s legislative session opened with the Governor’s State of the State address on Tuesday (1/11) with proposals related to public schools getting some of the attention.   Gov. Kristi Noem stated early in her State of the State address South Dakota was stronger than it had ever been, adding the state is “proudly leading …

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Revenue collections remain on a roll

South Dakota’s strong 2022 Fiscal Year continued in December.   Gov. Kristi Noem touted the month and year’s strength in her State of the State Address on Tuesday (1/11) citing “exceptional revenue growth that South Dakota has enjoyed” because of the steps the state has taken in the past few years.   “So far this …

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Gov. proposes six percent increase in state aid

Schools received a nearly unprecedented state aid increase proposal from Gov. Kristi Noem for the 2022-23 school year.   At Gov. Noem’s budget address this month she proposed a 6 percent increase in state aid for the 2022-23 school year. The 6 percent increase brings $41 million in new, ongoing funding to state aid.   …

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Rev. collections exceed projections for fifth month

Revenue collections exceeded projections for the fifth consecutive month.   November’s revenue collections exceed the legislature’s adopted projections by $14.5 million, which was powered by sales tax collection being nearly $13 million above projection.   The surplus revenue projection for the month brought the 2022 Fiscal Year total collections to nearly $88 million more than …

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Teacher pay report reviewed and approved by TCRB

A report detailing teacher pay in South Dakota was recently approved by the board charged with reviewing its progress.   Members of the Teacher Compensation Review Board (TCRB) approved its final report in September and sent it on to Gov. Kristi Noem and the legislature for review. Read the final report here.   Conclusions in …

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One-time funding for schools approved

Schools are set to receive one-time funding from the 2021 legislative session.   Senate Bill 64, which Revises the General Appropriations Act for fiscal year 2021, passed the Joint Appropriations committee 18-0, the Senate floor 34-0 and the House floor 58-11.   ASBSD supported the bill, which will provide $11 million in one-time funding to …

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Revenue figures adopted, funding proposals discussed

An increase in state aid for next year and one-time money for this year remain in play after the adoption of revenue figures.   On a 14-3 vote, Legislative Appropriators adopted revenue figures for Fiscal Year 2022, which total $1.834 billion in revenue and is more than $30 million above what Gov. Kristi Noem proposed …

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State Aid Increase Bill has first hearing

The bill providing public schools an increase in state aid had its first hearing of the legislative session.   Senate Bill 49, which sets the School District General Fund levy, target teacher salary and overhead rate for FY 2022, was expectedly sent to the Joint Appropriations Committee on a 7-0 vote by the Senate Education …

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