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Education Topic Of Hearing

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Education Topic Of Hearing

South Dakota legislators are holding a hearing today on the education funding formula. It’s part of a summer study ordered by the legislature. During a presentation on property assessment and taxation, Senator Al Novstrup of Aberdeen said the change to a productivity based system for ag land has cost the state a lot of potential dollars…

Novstrup said if the ag land was taxed as it should be, it could mean millions more for the funding formula…

Committee chair Representative Jacqueline Sly of Rapid City said the discussion of potential revenue lost by the change in systems was beyond the scope of the study.

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