The Joint Appropriations Committee of the South Dakota legislature got an update on state revenues at their meeting Wednesday.
Jeff Mehlhaff, senior fiscal analyst for the Legislative Research Council, says retail sales in April didn’t fall as far as anticipated….
Mehlhaff says they saw mixed results…
Mehlhaff says services took a big hit…
Mehlhaff says only minor budget adjustments will be needed at the end of the current fiscal year…
Overall retail trade taxes were up two tenths of a percent in April while taxes on services were down about thirteen percent.
