South Dakota’s next budget could face a $24.5 million revenue shortfall, legislators learn

South Dakota’s next budget could face a $24.5 million revenue shortfall, legislators learn

South Dakota lawmakers should expect an even tighter state budget next legislative session with revenues potentially $24.5 million less than projected, the Legislature’s budget committee learned this week. Fiscal experts with the Legislative Research Council and the governor’s Bureau of Finance and Management briefed the committee Wednesday in Pierre. They said the lagging revenue is due partly to recent wage growth in the state failing to signi…

South Dakota’s budget could face a $24.5 million revenue shortfall, legislators learn

Derek Johnson, state economist with the governor’s Bureau of Finance and Management, and LRC Chief Fiscal Analyst Jeff Mehlhaff (left to right) present to the Revenue Projection Subcommittee in Pierre during the 2023 legislative session. (Makenzie Huber/South Dakota Searchlight)South Dakota lawmakers should expect an even tighter state budget next legislative session with revenues potentially $24.5 million less than projected, the Legislature’s …

Rep. Johnson praises SDPB but defends overall budget cuts

South Dakota U.S. Rep. Dusty Johnson USDAgov / Wikimedia CommonsIn a telephone town hall this week, South Dakota Rep. Dusty Johnson praised South Dakota Public Broadcasting but defended his recent vote for federal funding cuts that put the broadcaster at risk. He also addressed questions about releasing documents related to Jeffrey Epstein.

South Dakota's Next Budget May Face $24.5M Revenue Shortfall, Legislators Learn

South Dakota lawmakers should expect an even tighter state budget next legislative session with revenues potentially $24.5 million less than projected, the Legislature’s budget committee learned this week.