News

SD Ends Fiscal Year With Budget Surplus

SD Ends Fiscal Year With Budget Surplus

Photo: clipart.com

PIERRE, S.D. (AP) — Gov. Dennis Daugaard says South Dakota wrapped up its third straight budget year with a surplus.

The state general fund budget on June 30 had $2.6 million more revenue than legislators predicted in March. And spending was $7.2 million less than expected. The net result was almost $10 million put into the state’s reserves.

Daugaard says in a statement that his top priority when he took office was a balanced budget — and that’s been met.

Susan Wismer is the Democratic nominee for governor and a member of the budget-setting Appropriations Committee. She told the Argus Leader the surplus was “great news” but that the Legislature could have made better predictions that might have freed up money for priorities such as education.

Independent governor candidate Mike Myers had no comment.

Recent Headlines

in Sports

PHOTOS: Super Bowl Media Day 2015

Seattle Seahawks' Richard Sherman during media day for NFL Super Bowl XLIX football game Tuesday, Jan. 27, 2015, in Phoenix. (AP Photo/Matt York)

The Seattle Seahawks and the New England Patriots hit the floor for the NFL Super Bowl XLIX media day.

in Sports, Viral Videos

Marshawn Lynch doesn’t want to get fined

23-overlay5

The Seattle Seahawks running back has a goal for Media Day.

in Viral Videos

School announces snow day with ‘Let It Go’ parody

22-overlay5

Who needs robocalls when you can declare school closures through song?