Along with the ongoing increase of 2.4 percent to state aid for next school year, there are three proposed one-time funding plans that have been outlined. In addition to the ongoing funding increase, Gov. Kristi Noem proposed $11 million in one-time money for student enrollment impacts from the COVID19 pandemic. The S.D. Department of […]
Proposals for one-time money for schools outlined Read More »
South Dakota’s public school districts are in line to receive a state aid increase above inflation for the 2021-22 school year. At her budget address on Tuesday (12/8), Gov. Kristi Noem proposed a 2.4 percent increase in state aid, which is above the 1.5 percent inflation level required to be provided in state law,
Proposed state aid increase above inflationary requirement Read More »
The first of two Coronavirus Relief Fund, or CRF, payments was made to districts the previous week, so long as the S.D. Department of Education received a signed grant Memorandum of Understanding from the district. The initial payment is $500 per student based on the district’s 2019 fall enrollment and the second payment will
CRF payments made to schools Read More »
South Dakota school districts are set to receive Coronavirus Relief Funds, or CRF. Below you will find the main pieces of CRF for schools: Noem has announced that an additional $75 million in CRF grant funding will be made available to South Dakota’s public and non-public K-12 schools. The U.S. Treasury’s updated guidance allows
Schools to receive Coronavirus Relief Funding Read More »
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
Revenue collections were mildly ahead in May, still down overall for year Read More »
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
Two percent increase in play, special session looms Read More »
The chances of schools seeing an increase in state aid were buoyed by last week’s adopted revenue projections. Members of the Joint Appropriations committee adopted revenue projections for Fiscal Year 2021 $19 million higher than what was projected by Gov. Kristi Noem during her budget address in December, which did not include a proposed
State aid increase in play after revenue figures higher than December’s numbers Read More »
A major day in deciding what school funding will look like for the next school year is coming up. The Joint Appropriations committee will hear revenue projections on Wednesday, February 12 and adopt revenue projections for the upcoming fiscal year the following day. Those figures will assuredly play a role in whether or not
FY20 revenue remains ahead, FY21 projections coming Thursday Read More »
The most recent revenue figures for South Dakota tell two different stories. November’s revenue numbers are either very good or very bad, depending on the projections used. Based on revenue projections adopted by the legislature during the 2019 legislative session, the revenue figures for November came in $8.7 million higher than projected, but utilizing
Revenue projections may have major implications for K-12 Read More »
Shrinking revenue collections are scaling back spending in the state budget resulting in schools not receiving an increase in state aid for next school year. “Money is tight this year,” Gov. Kristi Noem told legislators during her Fiscal Year 2021 budget address. “I will not be able to recommend inflationary increases.” Gov. Noem
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.