Governor Larry Rhoden presented his first budget Tuesday, proposing no raises for teachers, healthcare providers and state employees.
Governor Rhoden says his budget follows core principles of fiscal responsibility.
Rhoden’s budget proposes 51-point-6 million dollars in new ongoing revenue but keeps compensation flat for the so-called Big Three budget categories.
The governor says modest sales tax growth following exceptional pandemic-era increases means the state must be conservative.
Major investments include 13-point-2 million dollars to staff the new Rapid City women’s prison and up to 15 million dollars each in zero-percent interest loans for airport expansions in Sioux Falls and Rapid City.
Rhoden also plans to address property tax relief next month.
The governor left 14 million dollars unallocated for legislative priorities when lawmakers convene in January.
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