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

Friday, October 31, 2014

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 updated FY2015 revenue estimates from the BFM total $1,392,052,374, or $215,941 higher than the Legislative Adopted FY2015 estimate. (July 28, 2014)

  • 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.
  • Governor Daugaard issued an Executive Order which requires the Bureau to provide periodic reporting on a variety of financial metrics. These dashboards will be updated weekly and posted on our website (bottom-left, under "Quick Links").

Jason C. Dilges

SD Chief Financial Officer
and BFM Commissioner