News

South Dakota Adds to the Budget Reserve Fund

South Dakota Adds to the Budget Reserve Fund

Photo: WNAX

South Dakota state government ended the 2014 budget year in another surplus. This is the third year in a row for the state, and Tim Rave, Senator and Senate Majority Leader, says the budget came out just on the mark.

The state ended up transferring almost $10 million to the Budget Reserve Fund, creating a total reserve of over $100 million, and Rave says that’s not too much.

The surplus is credited to higher than expected revenues and decreased government spending by more than $7 million. $6.3 million of that was reduced by the slowed growth in Medicaid and the Children’s Health Insurance Program.

Recent Headlines

in Local

Nebraska Highways Rate Highly

highway night

A study of pavement conditions, bridges, traffic congestion and other factors ranks Nebraska's roads number-two in the country.

in Local

Candidates For Iowa Governor Debate

WP-Microphone

The fertilizer plant under construction in southeast Iowa was a major point of contention during Saturday evening's debate between the two major party candidates for governor.

in Local

Chief Justice Worries About Partisanship

gavel

United States Supreme Court Chief Justice John Roberts told a Nebraska audience he worries the partisanship that grips Washington will spill over onto the Supreme Court.

in Local

Cell Towers Need Upgrades

cell tower

Several cell towers in Yankton County are in need of upgrades.

in Local

Winter Will Be Cold, Or It Won’t Be

sd winter

While the Farmer’s Almanac might be calling for a bitter winter, weather experts are saying that depends.