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SD Tax Revenue Just Above Estimates

SD Tax Revenue Just Above Estimates

Photo: WNAX


The first month of the new fiscal year brought mixed results for the State of South Dakota.
Sales and use taxes were just over three million dollars over budget estimates.

Governor Dennis Daugaard says no one is making predictions yet…..

Daugaard says the ongoing drought will have an impact on ag spending…..

Daugaard says that lower farm spending will probably land late in the year…..

Actual July taxes totaled just over one hundred sixty five million dollars, about one hundred twenty thousand dollars over legislative estimates.