(Sioux Falls, SD) — Governor Kristi Noem is announcing an 80-million-dollar surplus at the end of the 2024 fiscal year.
The Governor’s Office made the announcement Monday after the budget year closed on June 30th. State government spent about 56-million dollars less than what lawmakers appropriated for the 2024 fiscal year.
Governor Noem says the surplus is thanks to “small government, low taxes, and spending within our means.”