SD Finance & Mgmt

South Dakota Bureau of Finance and Management

[SD Finance & Mgmt @SDBFM]

Total general fund revenues were $12.1M or 5.4% more than the legislative revised adopted estimate for April.

https://t.co/z8cEe8OZw4

[SD Finance & Mgmt @SDBFM]

Through 9 months, total ongoing receipts are $0.6M MORE than #SDleg revised revenues.

https://t.co/AOc9FoGn44

[SD Finance & Mgmt @SDBFM]

On #SDleg Day 38, the JCA meets at 11am to take up 4 letters of intent. At 1pm the floors go in. Sine Die will have a bit of a different look this year.

[SD Finance & Mgmt @SDBFM]

Year-to-Date total general fund revenues are $3.1M or 0.2% less than the #SDleg revised adopted estimate for the period. https://t.co/AOc9FoGn44

[SD Finance & Mgmt @SDBFM]

#SDleg Day 35 in the JCA: Lots of "budget setting" and perhaps SB 78, aka the "Amendment to the Prior Year General Bill", which adjusts this year's budget. You can check out the legalese at https://t.co/eCaeAoF3Gb or read our one-page summary at https://t.co/E95zeKlCmf

#SDbudget

[SD Finance & Mgmt @SDBFM]

#SDleg day 29. The last day to deliver of special appropriation bills to the house of origin. 13 bills on the calendar. Listen in at https://t.co/8JFeoJKgAj at 8:30

[SD Finance & Mgmt @SDBFM]

A very big day in the #SDleg JCA today, the Revenue Projection Subcommittee will deliver their report possibly recommending an ongoing FY2027 increase $29,901,815 higher than the projections done in November. Listen in at 8am at https://t.co/8JFeoJKgAj

#SDbudget #SpringTraining

[SD Finance & Mgmt @SDBFM]

Today in the #SDleg JCA, it's Revenue Projection Forecast Presentation Day!

Our slides and revenue projection booklet can be found at:

https://t.co/ufpEd1CNKQ
https://t.co/vYQNRlyaaJ

#economics

[SD Finance & Mgmt @SDBFM]

Our latest general fund receipts metrics, thru the end of January, have been posted. Through 7 months, total ongoing receipts are $0.1 million more than the #SDleg Adopted FY2026 estimate.

https://t.co/z8cEe8OZw4

[SD Finance & Mgmt @SDBFM]

Day 13 in the #SDleg, Groundhog Day, and the marmot saw his shadow. To break the pattern, no meeting of the Joint Committee on Appropriations is scheduled this morning. #PunxsutawneyPhil

[SD Finance & Mgmt @SDBFM]

Today in the #SDleg JCA, a full slate of appropriations hearings surrounding a Rural Health Transformation Funding update. Listen in at https://t.co/8JFeoJKgAj starting shortly.

[SD Finance & Mgmt @SDBFM]

Today after the @SDBFM budget hearing in JCA, we will provide an update on ARPA funding. This funding has been used for environmental, housing, and healthcare projects, along with several capital projects. View the details at https://t.co/86dEKsgjnT

[SD Finance & Mgmt @SDBFM]

https://t.co/WXnYrZb0Ti

To read the actual plan, visit https://t.co/kmWndAGxrb

[SD Finance & Mgmt @SDBFM]

The 2026 #SDleg session kicks off today with @GovLarryRhoden's State of the State address at 1:00pm. At 2:30pm we’ll provide a “Budget Overview” to the JCA. We'll review economic outlook, revenues, FY26 mid-year adjustments, and the FY27 ongoing expenses. https://t.co/h9C5zmVgUT

[SD Finance & Mgmt @SDBFM]

To further strengthen the financial practices of the State of South Dakota, the @SDBFM prepares a long term financial plan, a capital expenditure plan, and policies pertaining to the issuance and servicing of debt by Jan. 15 of each year.

https://t.co/kmWndAGxrb

[SD Finance & Mgmt @SDBFM]

Through 6 months, total ongoing receipts are $6.4 million less than the #SDleg adopted FY2026 estimate.

https://t.co/z8cEe8OZw4

[SD Finance & Mgmt @SDBFM]

The South Dakota Annual Comprehensive Financial Report details the financial operations for the fiscal year ending June 30, 2025. This report demonstrates to both the public and the financial community the sound financial condition of our state.

https://t.co/7ORbg2Gs45

[SD Finance & Mgmt @SDBFM]

At the recent Banking Commission meeting, State Economist Johnson said a sluggish farm economy has been a major factor holding down recent state sales tax collections.

https://t.co/4RFV1W3atd

[SD Finance & Mgmt @SDBFM]

From KELO: “The flat revenue outlook that South Dakota Gov. Larry Rhoden portrayed for state government in his recent budget address is proving accurate.”

https://t.co/le5CjshKJ4

[Tony Venhuizen @Tony_Venhuizen]

This headline is wrong. SD has a structurally balanced budget.

Both the budget that passed in 2025, and the budget Gov. Rhoden has proposed for next year, are structurally balanced.

It’s fine to say that increasing costs and federal changes create challenges for the state. But the budget is still structurally balanced.

https://t.co/3Y3RY3x3mA