Each month in The Bulletin, ASBSD Chief Financial Officer Bill Lynch will explain a piece from the school finance puzzle. What is your district’s Fund Balance and why do you need it? Can you answer those questions? This is one of the questions floating around the Capitol again. The amount of money […]
School Finance Explained: Fund Balances Read More »
A bill calling for the equalization in the distribution of fine money to school districts was swept away from the House floor. Representatives voted 32-38 to defeat House Bill 1204. The bill, sponsored by Rep. Dan Dryden, who introduced a similar other revenue equalization bill that died in committee, would have included the
House halts fine money distribution bill Read More »
A proposed fourth property tax classification passed the House Taxation committee on a 12-3 vote on Thursday. House Bill 1086 would create a new tax levy for a school district’s general fund for leased property; removing it from the commercial levy. Agricultural and owner-occupied property classifications round out the four taxable levies. The
Debate on new tax class continues Read More »
Business is about to pick up in Pierre. South Dakota’s 89th Legislative Session begins next week and the 38 day term will feature key K-12 education topics that will shape the future of our schools. “This is going to be a big year for our school districts,” ASBSD Executive Director Wade Pogany said.
What’s ahead for the 2014 legislative session Read More »
In his budget address today, Gov. Dennis Daugaard’s commitment of a three percent increase to K-12 education funding went above and beyond the statutory requirement. “In September, (revenue projections) didn’t look very good,” Gov. Daugaard said during the address. “Fortunately, the situation has changed. I can propose a three percent increase for K-12.”
Gov. proposes three percent increase for K-12 Read More »
Governor Dennis Daugaard is scheduled to give his annual budget address next week. What it will entail for school funding remains to be seen, but ASBSD’s Board of Directors heard firsthand what is likely to be provided. Governor’s office Director of Policy and Communications Tony Venhuizen joined ASBSD’s Board of Directors at their November
Schools may receive 1.6 percent increase Read More »
In a narrow vote, K-12 education received a needed victory. Members of the legislative interim committee charged with studying school funding voted 8-7 on Monday (Oct. 21) to support a bill that would ask the legislature to set the per-student allocation at $4,805 – the PSA’s highpoint in 2010. ASBSD has supported a return
Funding committee vote supports $4,805 bill Read More »
The legislative interim committee studying school funding concluded its first meeting this afternoon in Pierre. The committee, assigned to examine three main parameters of school funding’s effect, reviewed a variety of funding processes and revenue sources for schools and heard public testimony. Property tax levies and their role in school funding proved a
Committee’s interest peaked by property tax Read More »
Members of the legislative interim committee charged with studying school funding began their work this morning at the Capitol building in Pierre. Fourteen committee members started their examination around the parameters of how the school funding formula affects a district’s decision to seek an opt-out or utilize special tax levies, funding’s effect on graduation
School funding study starts 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.