Cautiously optimistic: South Dakota’s finances and the future
Governor Kristi Noem
Wednesday, July 27, 2022
Earlier this week, the State of South Dakota closed the financial books for fiscal year 2022 with a record-breaking $115.5 million surplus. This historic surplus was a combination of revenues unexpectedly being $72.3 million above what was adopted by the Legislature this past session, and the general fund budget for state government operations having expenses $43.2 million less than budgeted.