The mission of the Bureau of Finance and Management includes advising the Governor on overall fiscal policy; completing and presenting the annual fiscal plan; promoting the efficient and effective management of the state of South Dakota; preparing the state's annual financial report; and, managing the central accounting and payroll systems for the state.

What's New

Monday, December 22, 2014

On Tuesday, December 2nd, Governor Daugaard presented his Recommended Budget for FY2016, remaining committed to fiscal responsibility and conservative management principles. Complete details, along with the slide presentation from the Budget Address are available for review.

Following the Oct. 28 meeting of the Governor's Council of Economic Advisors, Governor Daugaard released the presentation made on The State of the SD Economy.

  • The state general fund budget for FY2014 ended with both higher revenues and lower expenditures than budgeted. Governor Daugaard's press release provides more details, and here are some slides from BFM on the fiscal year-end numbers. (July 10, 2014)
  • An executive order issued by Governor Daugaard requires the Bureau of Finance and Management to provide long-term financial plans and debt service policies to him by January 10 of each year. These documents will be completed prior to the legislature's annual budget deliberations. You can read the Executive Order here.

Jason C. Dilges

SD Chief Financial Officer
and BFM Commissioner