South Dakota Case Budget Worksheet And Proposal
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FAQ
Property tax is the main source of revenue for local governments in South Dakota.
The major sources of income for the state government are a sales tax, revenue from licenses and other user fees, and profits from state-owned tourist facilities. There is no personal or corporate income tax in South Dakota.
Agriculture, Fishing and Forestry South Dakota is a large-scale producer of corn, alfalfa, soybeans, rye, flaxseed, and wheat.
South Dakota's budget basics ing to the National Association of State Budget Officers (NASBO), South Dakota's total expenditures in fiscal year (FY) 2022 were $7.0 billion, including general funds, other state funds, bonds, and federal funds.
The Governor's Budget Report for Fiscal Year 2024 represents our state's 134th year of a balanced budget. The report is designed to give an accurate and timely reflection of the financial conditions of the state and the proposals for spending the taxpayers' money.
South Dakota's current budget South Dakota enacted its FY 2023 budget in March 2022. The enacted budget included $2.1 billion in general fund spending and $5.9 billion in total spending.