Steady as She Goes, With Funded Obligations and a Modest Shortfall

Carvlin, Elizabeth
March 2006
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p52
Trade Publication
The article provides an overview of the fiscal condition of South Dakota. south Dakota has approved a $3.2 billion fiscal 2007 budget designed to eliminate a shortfall of about $5.3 million. In his budget address in December 2005, Governor Mike Rounds claims that the state is in line to eliminate a structural shortfall by fiscal 2008. Meanwhile, South Dakota has signed an agreement with the Homestake Mining Co. to develop a former gold mine as an interim underground laboratory for the National Science Foundation.


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