. South Dakota Bureau of Finance & Management

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

Saturday, December 15, 2018

The budget Governor Daugaard proposes for FY2020 does not deviate from those he has proposed the last 8 years. It is structurally balanced with targeted investments in key areas such as funding for education, medical provider reimbursement rates, state employee compensation and maintenance.

Documents for the July 25, 2018 meeting of the Joint Committeee on Appropriations:

South Dakota state government closed the 2018 budget year on June 30 marking the seventh consecutive year with a surplus. The state general fund budget for Fiscal Year 2018 ended with lower expenditures and higher revenues than budgeted. Here is BFM's FY2018 Year End Summary.

The GOAC requested a document explaining BFM's Performance Management Indicators, which was reviewed at the meeting on June 11, 2018.

  • The South Dakota Budget in Brief, Fiscal Year 2019 provides a cursory overview of the financial condition of the state of South Dakota and a summary of the state budget for the fiscal year.
  • BFM has created a new, still evolving, financial publication called the Citizen's Financial Report. It is intended to be a clear and understandable summary of information from our Budget Report, CAFR, Long Term Financial Plan, and Economic Updates.

Liza Clark

SD Chief Financial Officer
and BFM Commissioner