South Dakota
| South Dakota owns more than it owes. |
| South Dakota has a $8,200 Taxpayer Surplus.™ |
| South Dakota is a Sunshine State with enough assets to cover its debt. |
| Elected officials have created a Taxpayer Surplus™, which is each taxpayer's share of money available after state bills have been paid. |
| TIA's Taxpayer Surplus™ measurement incorporates both assets and liabilities, not just pension debt. |
| South Dakota has $6.9 billion of assets available to pay the state's bills totaling $4.2 billion. |
| South Dakota has $2.7 billion available after bills have been paid, which breaks down to $8,200 per taxpayer. |
| South Dakota's reported net position is overstated by $108.6 million, largely because the state delays recognizing losses incurred when the net pension liability increases. |
| The state's financial report was released 184 days after its fiscal year end, which is considered untimely according to the 180 day standard. |
Prior Years' TIA Reports
2023 Financial State of South Dakota
2022 Financial State of South Dakota
2021 Financial State of South Dakota
2020 Financial State of South Dakota
2019 Financial State of South Dakota
2018 Financial State of South Dakota
2017 Financial State of South Dakota
2016 Financial State of South Dakota
2015 Financial State of South Dakota
2014 Financial State of South Dakota
2013 Financial State of South Dakota
2012 Financial State of South Dakota
2011 Financial State of South Dakota
Other Resources
South Dakota Annual Comprehensive Financial Reports
Publishing Entity: Bureau of Finance and Management
