Governor’s Column: Another lean year

Edgar's picture

(Editor’s Note: Last week we accidentally published the Governor’s budget column from a year ago. This is the 2017 column about the Governor’s proposed budget. We apologize for the error.

By Gov. Dennis Daugaard The Capitol Building was a busy place on Dec. 5 when lawmakers came to town for the annual budget address. They packed the state House early that afternoon to hear about our current economic situation and my proposal for the upcoming budget year.

With revenue trending below projections, I doubt legislators were surprised when I explained we face another lean year. The projected tax revenue for this budget year will leave us $20 million short. To compound that, we have 450 more students enrolled in our schools than anticipated. This is a good problem. Higher student enrollment means our state is growing. But it’s a problem that adds another $10 million to the gap for this fiscal year.

 

To read more please log in or subscribe to the digital edition https://www.etypeservices.com/Timber%20Lake%20TopicID443/

Rate this article: 
No votes yet