The South Dakota Board of Water and Natural Resources is meeting to discuss the state's water project priorities and funding.
The seven-member panel meets Thursday. It oversees state and federal funds from a variety of funding pools.
Staff from the Department of Environment and Natural Resources will request authorization to seek investment banking services. This process only comes about every few years says Jim Feeney. He's the director of the division of financial and technical assistance.
He says they seek bonds in this way when the need arises.
Feeney says the state offers funding for all water projects requested, which range from drinking water facilities to solid waste management. Officials determine how much funding to provide as grants or loans to each applicant.
Most Popular Today
Costco Citigroup Partnership To Have Impact On Citibank In Sioux Falls
Target Plans $2B In Cost-Cutting Moves
Great Western Bank To Close Two Sioux Falls Branches
- 4.Your Money Matters
Teeing Off A Business
New Gymnastics Facility Holds First Classes
Citigroup Sells OneMain Financial
Fiat Chrysler Brushes Off Snow, Posts 6 Pct Us Sales Gain
LLoyd Scraps Plans For Former School For The Deaf
- 9.Your Money Matters
Orion Franchise Opening In Dubai
- 10.Gas & Energy
South Dakota PUC Approves Rate Hikes For Black Hills Power