Gov. Dennis Daugaard says South Dakota wrapped up its third straight budget year with a surplus.
The state general fund budget on June 30 had $2.6 million more revenue than legislators predicted in March. And spending was $7.2 million less than expected. The net result was almost $10 million put into the state's reserves.
Daugaard says in a statement that his top priority when he took office was a balanced budget -- and that's been met.
Susan Wismer is the Democratic nominee for governor and a member of the budget-setting Appropriations Committee. She told the Argus Leader the surplus was "great news" but that the Legislature could have made better predictions that might have freed up money for priorities such as education.
Independent governor candidate Mike Myers had no comment.
Most Popular Today
Sioux Falls Named Third Most Livable City For People Over 50
- 2.Gas & Energy, General
Power Line Through Black Hills National Forest Clears Hurdle
- 3.Your Money Matters
Warning: Phone Scams Making The Rounds
- 4.Your Money Matters
ACA Rate Hikes
- 5.Retail & Restaurants
New Retail Planned For 85th And Louise Avenue
- 6.Your Money Matters
Go Fund Summer Camp
Friday Morning Business Brief