South Dakota

TIA Data

2018 Financial State of South Dakota (Released 9/24/2019)

Use Create Your Own State Chart to see additional financial, demographic and economic data for this and other states

 
South Dakota owns more than it owes.
South Dakota's Taxpayer Surplus™ is $2,800, and it received a "B" from TIA.
South Dakota is a Sunshine State with enough assets to cover its debt.
Elected officials have created a Taxpayer Surplus™, which is each taxpayer's share of money available after state bills have been paid.
TIA's Taxpayer Surplus™ measurement incorporates both assets and liabilities, not just pension debt.
South Dakota has $3.2 billion of assets available to pay the state's bills totaling $2.4 billion.
South Dakota has $846.9 million available after bills have been paid, which breaks down to $2,800 per taxpayer.
South Dakota's reported net position is inflated by $321.5 million, largely because the state defers recognizing losses incurred when the net pension liability increases.
The state's financial report was released 181 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of South Dakota

2016 Financial State of South Dakota

2015 Financial State of South Dakota

2014 Financial State of South Dakota

2013 Financial State of South Dakota

2012 Financial State of South Dakota

2011 Financial State of South Dakota

2010 Financial State of South Dakota

2009 Financial State of South Dakota

Other Resources

South Dakota Comprehensive Annual Financial Reports

Publishing Entity: Bureau of Finance and Management

IN THE NEWS
We don’t spend money we don’t have

DECEMBER 11, 2018 | RAPID CITY JOURNAL | by Dennis Daugaard

Every December, the state Legislature meets to receive a budget proposal from the governor. This proposal is the starting point for the legislative budget process, which ends with the passage of a budget bill at the end of session in March.

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