SIOUX FALLS, S.D. (KELO AM) - Appropriations will dominate the final week of the South Dakota legislative session and lawmakers heard about revenue estimates this morning.
Jim Terwilliger with the Bureau of Finance and Management forecasts sale and use tax revenue at almost 870-million dollars.
Terwilliger predicts total general fund revenues at one-point-four billion dollars.
South Dakota set records for net farm income in 2011, 2012 and 2013.
Terwilliger told legislators today that was a big benefit during the recession.
He says softness in the state’s sales tax will come from the farm sector next fiscal year.