South Dakota is facing a $33.7 million revenue shortfall in 2018, reports the Argus Leader. At his annual budget address, Governor Daugaard proposed cutting the budget by $16 million across several agencies as well as picking up an additional $7.2 million from the state’s budget reserve and another $10 million from other state funds in order to address the shortfall.
An unanticipated cost arrived through rising enrollments in K-12 schools across the state. An additional 1,500 students calls for $16.4 million to go toward education. The budget also provides over $10 million to support Medicaid providers in the state.
Lawmakers will begin to consider Governor Daugaard’s budget proposal on January 9.
View the full detail of the 2018 budget on the South Dakota Bureau of Finance and Management’s website.