The Joint Appropriations Committee of the South Dakota legislature agreed yesterday on a budget target of one point five nine billion dollars for the upcoming fiscal year.
The target would be about twenty-eight million dollars less than estimated in Governor Dennis Daugaard’s budget, laid out in December.
Senator Jeff Partridge of Rapid City headed a subcommittee that came up with the final numbers
Partridge says they don’t have much confidence in the revenue forecasts
The committee split the difference between estimates from the Bureau of Finance and Management, and the Legislative Research Council.
Committee Vice Chair, Representative Jean Hunhoff of Yankton, says they wanted to err on the side of lower estimates
Committee members also lowered current year spending by twenty five million dollars.
Those budget numbers will decide the success or failure of most spending bills through the end of the session.
(WNAX)