South Dakota's rainy day fund may drop to $315 million

SIOUX FALLS, S.D. (KELO) – The South Dakota Bureau of Finance and Management does not plan on adding additional funds to state government’s rainy day accounts. During the bureau’s presentation to the Joint Committee on Appropriations, in 2025, around $169 million was added to the state’s budget reserves, ending Fiscal Year 2026 with $492 million. [...]