South Dakota Adds To Rainy Day Fund

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South Dakota Adds To Rainy Day Fund

The State of South Dakota ended the fiscal year with another surplus, putting twenty four million dollars into the rainy day fund. Revenues grew by over thirteen million dollars, while state agencies spent about eleven million dollars less than they were budgeted. The states reserve fund is now at a record one hundred fifty eight million dollars.

State Representative Susan Wismer of Britton, a member of the Appropriations Committee, says the state has other reserve funds…

Wismer, a democrat, says while reserves continue to grow, local governments and medical providers are still cutting corners…

Wismer says legislators need to take another look at the ten percent cuts passed in the 2011 session……

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