Staring at a serious gap to start the session, South Dakota Legislators approved a budget for fiscal year 2018 before adjourning the main session last week.
Matching the expenditures and receivables was an arduous task for the 105 elected officials this year. House Speaker Mark Mickelson of Sioux Falls says when you dig deeper into the figures, there is an interesting bond between ag producers and the internet.
Mickelson adds that possible adjustments in how states are reimbursed through Medicaid could open a door to a highly-sought source of tax revenue.
It would probably take three to five more soft years for sales tax collections before Mickelson believes that the state would consider major changes to the tax structure.
The South Dakota Legislature budgeted $4.55 billion for fiscal year 2018
(WNAX)