Financial Metrics/Dashboards

Executive Order 2014-04 directed the Bureau to make available certain financial information for the Council of Economic Advisors and any interested party to view. The metrics and dashboards linked below provide updated snapshots of budget and actual expenditures compared to projected expenditures, the state's general fund receipts and comparison with the most recent forecasts, and the balances of the cash flow account and trust funds.

General Fund Receipts

Updated: January 2020
Year-to-date, general fund revenue collections remained strong in December, $8.4 M higher than the adopted estimate, and $3.2 M higher than the Governor’s revised estimate through the first six months of the fiscal year.
  • Sales tax was up 4.3% compared to a year ago (page 1), it was up 0.9% compared to the Adopted estimate for the month of December (page 4), and was up 2.0% compared to the Governor’s revised estimate (page 7). Year-to-date, Sales tax is $5.1 M higher than the Adopted estimate through five months (Page 5), and up $3.8 M from the Governor’s revised estimate (page 8).
  • Lottery was up 1.4% compared to a year ago (page 1), it is up 1.2% or $0.1 M compared to the Adopted estimate for the month of December (page 4). Collections were up 0.5% compared to the Governor’s revised estimate (Page 7) . Year-to-date, Lottery receipts are down $0.1 M compared to the Adopted estimate through December (Page 5), and is up $0.2 M compared to the Governor’s revised estimate (page 8).
  • CET was up 14.1% compared to a year ago, it was up $0.7 M or 6.4% compared to the Adopted estimate for the month of December, and 11.3% or $1.1 M compared to the Governor’s revised estimate. Year-to-date, CET is $1.0 M higher than the Adopted estimate, and $2.5 M greater than the Governor’s revised estimate through December.
  • Insurance company tax was up $0.3 M compared to a year ago and $0.1 M compared to the YTD legislative adopted estimate. When compared to the Governor’s revised estimate Collections were $23 K lower in December but are up $70 K year to date.
  • Unclaimed property No activity occurred in unclaimed property this month. Most revenues are collected in November for this category with claims occurring throughout the year.
 
  • The general fund receipt dashboards show the most recent month-end and year-to-date receipts in all major categories for the state general fund.
  • The dashboards compare actual receipts to the prior year for the most recently completed month and on a year-to-date basis.
  • Actual receipts are also compared to the most recent Legislative adopted or Governor recommended forecast, as well as the original adopted forecast to gauge how well actual collections are performing compared to budgeted levels.

Remote Sellers link (SDDOR)

January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019

Expenditures and Workforce

Updated: January 2020
 
 
  • The general fund expenditure dashboard shows a comparison of projected expenditures vs. the actual expenditures as of the end of the prior month.
  • The workforce utilization dashboards shows the Full Time Equivalent (FTE) utilization for the previous month and budgeted utilization compared to actual utilization, and the number of employees being paid each pay period. These numbers are for the state's central payroll system and do not include the University System or Authorities.

Expenditures



FTE Utilization and Workforce

Economic Dashboards

Updated: January 2020
 
 

The economic dashboards show the health of the South Dakota economy from a macroeconomic viewpoint using data on employment figures and government assistance programs.

  • The economic dashboards include statistics on unemployment claims, unemployment rates, employment levels and various other economic indicators. Many of the economic dashboards compare South Dakota to the national average to gauge the relative health of South Dakota’s economy to the United States.
  • Economic dashboards also include statistics on Medicaid, the Children’s Health Insurance Program (CHIP), and the Supplemental Nutrition Assistance Program (SNAP). This monthly data shows the change in utilization of these government assistance programs.

Economic Dashboards

Cash Balances

Updated: December 2019
 

 
  • The cash balance dashboards show the month-ending cash balance for the state general fund, budget reserve, general revenue replacement fund, and the total balance in the cash flow account.
  • The dashboards for the trust funds and SDRS pension plan show the fair market value.
  • The fair market values change based on investment returns.
  • The state’s reserve funds are considered the sum of the budget reserve fund and the general revenue replacement fund and typically remain constant throughout the fiscal year.
  • The cash flow account is comprised of more than five hundred different funds and fluctuates month-to-month and day-to-day based on the individual activity taking place in each of these funds. Major or notable funds represented in the cash flow account are listed separately.

General Fund
Cash Flow Account
South Dakota Retirement System
South Dakota Trust Funds