Local

SD Receives $70 Million In Unexpected Money

SD Receives $70 Million In Unexpected Money

SIOUX FALLS, S.D. (AP) — South Dakota has a nice problem: Figuring out what to do with a $70 million windfall thanks to a big uptick in unclaimed property.

The extra money results from a couple of legal changes in handling unclaimed property, as well as the consolidation of two big banks in the state. The state had expected to get about $53 million this year, but it got $122 million.

That property includes things like insurance policies, rebates, and dormant bank accounts. Banks, businesses and others have to turn those over to the state when they can’t find the owner.

So one of the tasks for the governor and lawmakers when the legislative session starts in January will be how to spend $70 million.

Recent Headlines

in Local

Former DWU Football Player Killed In Georgia

DWU

A former Dakota Wesleyan University football player was shot and killed over the weekend near his home in Dawsonville, Georgia.…

in Local

Funeral Arrangements Set For Girl Killed By Pack Of Dogs

tombstone 1

Jayla Rodriguez was killed on Tuesday while sledding.

in Local

Three People In Custody For Wagner Stabbing

jail

The FBI is assisting in the investigation.

in Local

Autopsies Being Performed On Sisseton Shooting Victims

pistol

Four people were found dead inside a home.