South Dakota state budget (2011-2012)

Note: This article was last updated in 2012. Click here for more recent information on state budgets and finances.

The state ended fiscal year 2012 with a surplus of almost $50 million. Revenue was $70 million higher in fiscal year 2012 than expected.

The South Dakota legislature approved a $3.9 billion budget for fiscal year 2012. The budget was signed by the governor on March 17, 2011.

The budget spent $1.1 billion in general funds and eliminated the state’s $127 million structural deficit. It also spent $1.75 billion in federal funds and $1 billion in other funds.

In the first quarter of fiscal year 2012, state sales tax collections were up 2.4 percent from the same period a year prior, which is what the Legislature expected when it passed the state budget.

Governor's proposal

The governor's recommended budget for fiscal year 2012 can be accessed here.

Governor Daugaard's proposed budget for fiscal year 2012 , including special appropriations, totaled $3,921,743,642, which was an overall decrease of $172,953,151 in total funds from fiscal year 2011. For fiscal year 2012, the governor proposed a general fund budget of $1,136,463,152, down $12,365,660 from fiscal year 2011.

The governor's proposed fiscal year 2014 general fund budget was distributed as follows.:

• $349.9 million, or 30.8 percent, for aid to schools;
• $425.8 million, or 37.5 percent, for health, human and social services;
• $150.7 million, or 13.3 percent, for higher education;
• $78.4 million, or 6.9 percent, for corrections;
• $59.2 million, or 5.2 percent, for the legislature, Unified Judicial System, Public Utilities Commission, and elected officials;
• $15.4 million, or 1.3 percent, for agriculture; environment and natural resources; and game, fish and parks; and;
• $57.1 million, or 5.0 percent, for the remainder of state government.