South Dakota has a $69 million surplus, prompting questions about why the state didn’t spend the money. The surplus is a result of the state’s constitutional requirement to balance its budget, which was put in place by voters in 2012.
Understanding the Surplus
The surplus is not a surprise, as South Dakota is required to end the year with a balanced budget. The question is why the surplus is so large and how it was achieved. The state’s budget surplus is a result of careful planning and management, but it also demands scrutiny to ensure that the state is making the most of its resources.
Original reporting: The Dakota Scout (Sioux Falls) — read the source article.
