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

Minnesota Budget Still Under Construction

money pile

State budget negotiations resumed at Minnesota Governor Mark Dayton's residence yesterday afternoon.

in Local

Death Penalty Showdown in Nebraska

needle

Governor Pete Ricketts has vetoed legislation passed by the Unicameral that would repeal the death penalty.

in Local

Bill to Allow Packer Ownership of Livestock Advances

baby Pigs 1

Meat packers would be able to own hogs and contract with Nebraska producers under a bill advancing in the Unicameral.

in Local

Service Honors Fallen Omaha Officer

police lights

Funeral services for Omaha Police officer Kerrie Orozco, who was killed in the line of duty, were held Tuesday.

in Local

Blood Donations Needed For Summer

blood donation

The upcoming summer season brings with it busier schedules, and LifeServe Blood Center, based in Sioux City, Iowa, finds their blood supply falls low as people take less time to make regular donations.