READ: South Dakota Gov. Noem’s 2020 funds tackle

PIERRE, S.D. (KELO) — South Dakota Governor Kristi Noem delivered her 2020 funds tackle to state lawmakers on Tuesday.

Her workplace supplied the next copy of the speech, as ready for supply:


Mr. President, Mr. Speaker, members of the Home and Senate, and my fellow South Dakotans. 

We meet as we speak with one more unbelievable 12 months behind us.

After I stood earlier than you final 12 months, I introduced a prudent and cautious funds proposal. We have been coming off a historic 12 months of blizzards, flooding, and tornadoes. Fortuitously, because the session went on, our projections confirmed promise. Then, we have been thrown one other surprising problem – COVID-19. 

Earlier than we start as we speak, I’d prefer to ask that all of us please stand for a second of silence to recollect all of the South Dakotans we now have misplaced to this horrible virus. 

Thanks. 

Immediately, I’ll stroll you thru the state’s response to the virus. Define the state’s financial place, together with revenues and bills. And lay out my proposals to arrange South Dakota’s households, staff, and companies for achievement for a lot of generations to return.  

Following months of financial lockdowns, sheltering in place, and big numbers of companies being compelled to shut completely, a lot of my friends are possible not trying ahead to standing earlier than their legislatures like I’m as we speak. Some will suggest tax will increase, others will tackle billions extra in debt, and some can be compelled to make vital funds cuts.  

In South Dakota, as we now have executed all through this pandemic, I’m happy to report that we’ll be forging a distinct path. 

Quite than following the pack and mandating harsh guidelines, South Dakota gives our residents with details about what is going on on the bottom in our state—the science, details and knowledge. Then, we ask every South Dakotan to take private accountability for his or her well being, the well being of their family members, and – in flip – our communities. The state hasn’t issued lockdowns or mandates. We haven’t shut down companies or closed church buildings. Actually, our state has by no means even outlined what an “important enterprise” is. That, fairly merely, just isn’t the federal government’s position. 

Since March, a lot of my friends have tried to cease the unfold of the virus with out contemplating their residents’ social or psychological wellbeing or the state of their economies. 

Even amid a pandemic, public coverage must be holistic. Each day wants should nonetheless be met. Individuals must eat and maintain a roof over their heads. And so they nonetheless want function. Meaning policymakers can’t have tunnel imaginative and prescient. They have to steadiness public well being considerations with individuals’s psychological and emotional wants, their financial livelihoods and social connections, and liberty, amongst many different necessary components. 

Many within the media have criticized this strategy, labeling me ill-informed, a “denier,” and reckless. Some have even asserted that South Dakota is “as unhealthy because it will get anyplace on this planet” with regards to Covid-19—a demonstrably false assertion. On the identical time, my critics reward states that issued lockdowns, mandated masks, and shut down companies—lauding these states as having taken the “proper” steps to mitigate the unfold of the virus. 

As we proceed to see spikes transfer all through the nation, the course of the virus doesn’t appear to be quantifiably totally different within the states that, in accordance with the media, did the whole lot “proper.”  

Regardless of harsh lockdowns in Illinois, coupled with a masks mandate since Might 1, that state sadly skilled a brand new single-day report in Covid-19 deaths on December 2nd. And, its energetic case counts are larger, on a per capita foundation, than South Dakota’s has ever been.  

New Jersey, which nonetheless has had essentially the most deaths within the nation per capita, has had a masks mandate in place since June and has imposed $15,000-a-day fines on companies that refuse to shut. Nonetheless, during the last two weeks of November, its hospitalizations elevated by 34%, a six-month excessive. 

California handed a masks mandate in June and has a few of the harshest lockdown orders within the nation, together with shutting off residents’ water if they’ve too many guests. Regardless of that, the AP not too long ago reported their COVID hospitalizations have elevated almost 90% and will triple by Christmas.  

Till we now have an efficient and widespread vaccine, the virus will unfold – science tells us that. That’s one of many explanation why, at the outset, the nation’s purpose was to handle hospital capability.  

In South Dakota, we now have stored our deal with this purpose and continued to make sure our hospitals should not overwhelmed and may serve their communities nicely. Up to now, we now have lower than 500 people within the hospital for Covid, the primary time since November 6, and we’re on a gentle downward trajectory.  

We’ve continued to work with communities throughout the state to combat the virus. We have now stored an open dialog with our county, metropolis, and tribal communities to supply data, sources, data, mass testing occasions, and PPE. We not too long ago wrapped up mass testing occasions in 11 communities throughout the state and are persevering with to combat this virus collectively.  

South Dakota is coming into 2021 in one of many strongest monetary positions within the nation. And as we speak, I can be unveiling methods during which we are able to additional enhance our state by investing in infrastructure, paying off debt from 2010, and bolstering our rainy-day fund, nearly as good stewards of the general public’s cash ought to do. 

In distinction, Illinois plans to borrow $2 billion from the Federal Reserve. New Jersey, which already has the very best debt per taxpayer within the nation, is issuing an extra $4.Three billion in bonds. And New York is an almost $60 billion greenback income shortfall. It possible goes with out saying that every of those states can be relying on federal bailouts to maintain them afloat. 

South Dakota gained’t be elevating taxes on our residents or our companies. We gained’t be borrowing billions of {dollars} to cowl our funds shortfalls. And we gained’t be seeking to Congress to ship us extra stimulus cash. 

After I journey throughout the state and across the nation, individuals typically congratulate us on how sturdy South Dakota’s monetary place is in comparison with the remainder of the nation. Such as you all, I take delight in the truth that we structurally steadiness our funds and have a AAA credit standing, and I’m dedicated to sustaining it.  

Although our combat in opposition to COVID-19 just isn’t over, our distinctive strategy to the virus has left us in a robust fiscal place as we speak. When the virus first hit, each state’s financial system shrunk. However South Dakota overcame that shortly. We closed the 2020 funds 12 months in June with a $19 million surplus, and our normal fund revenues are up by 19.4% proper now, in comparison with the identical time final 12 months. We took steps final 12 months to chop spending and be cautious with taxpayer cash, and we’re seeing the fruits of that as we speak.  

Along with higher-than-expected income, the inflow of stimulus cash from the federal authorities has allowed for additional normal fund financial savings, and I’ll go into that in additional element in a second.  

However we’re seeing this strategy repay, proper now, within the on a regular basis lives of South Dakotans.  

After peaking at 11% in April, our unemployment price as of October was 3.6%, the third lowest within the nation. 

Maybe an much more necessary quantity to contemplate is whole employment. This chart seems to be particularly at nonfarm employment, a statistic that may higher seize our present enterprise local weather. It exhibits a 12 months over 12 months share change so we are able to see an apples to apples comparability.  

This chart compares South Dakota to the US and all of the states in our area. Michigan is the worst performing state within the Midwest area, in accordance with the Bureau of Labor Statistics. 

All through the pandemic, as you may see, South Dakota has fared a lot better than the remainder of the nation, together with states in our area.  

To totally perceive our present financial local weather, and the cash we now have out there this 12 months, it’s necessary to take inventory of the federal {dollars} we obtained and the way they have been used.  

This chart illustrates all of the estimated direct funds South Dakotans and companies have been capable of reap the benefits of. That features the PPP program for small companies, the meals help program for farmers and ranchers, the stimulus checks for households, and unemployment help for many who misplaced their jobs. In whole, that’s about $3.9 billion in federal stimulus.  

This doesn’t embody every other grant funding the state obtained, just like the $1.25 billion from the coronavirus reduction fund. 

This subsequent slide exhibits quarterly private earnings within the state. As you may see, we noticed a large aberration within the second quarter this 12 months. That is due largely to that federal stimulus I simply talked about. As I acknowledged, many South Dakotans obtained direct funds from the federal government. Moreover, many small companies obtained help from grants or different reduction applications.   

The gold line right here is our forecast for earnings progress shifting ahead. As you may see, we’re projecting that this spike can be a one-time occasion, and there can be a downward adjustment. Meaning individuals will really feel the affect when federal cash runs out — despite the fact that we’re in a a lot stronger scenario than most different states. 

The necessary takeaway here’s a message of warning: we should always stay prudent and conservativemoving ahead. We have to rigorously contemplate these uncommon circumstances as we undertaking income. We can’t recklessly spend each taxpayer greenback that we now have. Once we do spend money on our state, we should make investments properly and strategically.  

Earlier than I dive into my suggestions, I do need to name out one funds provision associated to the disappointing votes on marijuana on the poll field this 12 months. There are vital security and regulatory prices related to each the medical marijuana measure and the leisure one.  

Given the latter is at present dealing with constitutional challenges, we’re going to need to current two programs of motion. A path ahead with each leisure and medical. And a second with simply medical. 

I need to be very clear, we won’t see any income from marijuana till not less than April of 2022. Although it could possibly be longer. 

And within the meantime, to adjust to the predetermined timeline, the Division of Income must get to work now. This funding would go towards employees, expertise, consultants, and different prices, till revenues from this system are sufficient to maintain it.  

However there may also be numerous different collateral prices, like security, coaching, and enforcement, amongst many others. 

On prime of this, the Division of Well being has particular wants associated to the medical marijuana program. My funds recommends simply over $136,000 over three years to cowl employees and different prices associated to establishing a program. That ought to be sufficient to assist program prices till income begins coming in.  

To implement simply medical marijuana, the Division of Well being will want further sources -beyond the $136 – although, the Division of Income would wish a lot much less.  

Over the approaching weeks, we hope to know extra about which path we have to take. 

By now, I’m pretty assured that individuals all throughout America know that South Dakota is open for enterprise. Within the subsequent jiffy, I’m going to stroll you thru a few of the specifics of what we’re seeking to do to construct on this pledge. 

My suggestions fall below three major classes: paying off debt from 2010, restoring and reinvigorating our state’s infrastructure, and strengthening our communities throughout the state.  

First, because it pertains to paying off inherited debt.  

In 2010, the state issued bonds to finance expansions in key applications at Southeast Technical School in Sioux Falls, Mitchell Technical School, and Lake Space Technical School in Watertown. This undertaking has led to investments in stronger auto physique and upkeep applications, efficient scholar providers, and fashionable services. Our college students are higher ready to be leaders of their industries due to these upgrades.  

I like to recommend that we dedicate simply over $21 million to repay two of the technical faculty bonds. It will save $1.7 million in ongoing debt service. That might lead to a financial savings of $500,00  to the overall fund and $1.2 million for the technical schools.  

Unburdening the tech colleges from this debt will permit them to refocus their consideration. Their {dollars} can as a substitute be used to additional enhance the caliber of their applications. They’re already receiving well-deserved nationwide consideration for his or her high-quality choices, and this unleashes their potential much more.  

Subsequent, we should always deal with restoring and reinvigorating our state’s infrastructure. Sound infrastructure is intently tied to financial alternative. An important funding we are able to make this 12 months is to complete connecting the state to broadband.   

As I stated throughout my State of the State final January, in America’s early days, mail was delivered through publish highway. The Founders thought communication was so necessary to the enterprise of the individuals and the nation that they included a provision within the Structure to permit for the federal government to determine publish roads.  

Properly as we speak, within the fashionable financial system, expertise permits for the transportation of products and providers over the web – a complete totally different type of publish highway. We should create an atmosphere the place individuals aren’t compelled to decide on between the fashionable financial system on the one hand, and life at their hometown on the opposite. We should be certain that our individuals can harness the most recent expertise to reap the benefits of what has turn out to be the fashionable equal of a publish highway. 

As I stated, we’ve made vital strides up to now. However we should carry it over the end line. I’m recommending we make investments $100 million to totally join the state over the following few years.  

The advantages of this funding are arduous to overstate. It makes it simpler for our farmers and ranchers to speak with their suppliers, entry climate forecasts, and take part in on-line advertising and marketing and auctions. It ensures that the following era of entrepreneurs keep in small-town South Dakota to begin their enterprise. It tangibly improves the lives of our college students by making it attainable to do schoolwork at house. The identical is true of our workers, who would have the ability to telework. And of explicit significance this 12 months – it would permit even essentially the most distant residents, together with people within the Black Hills and these in tribal communities – to entry telehealth alternatives. 

Over the past two years, the Join SD program has devoted almost $17 million to broadband initiatives, which in flip leveraged roughly $35 million in federal cash and $37 million in business cash, for a complete funding of simply shy of $89 million in broadband in South Dakota. 

That is a powerful return of greater than $5.50 for each $1 invested in broadband by the state.  

The estimated value of offering high-speed web to each remaining unserved or underserved South Dakotan is $200 million . I consider this $100 million greenback funding from the state can leverage sufficient federal and personal {dollars} to get the job executed.  

Within the early hours of October 31st, a fireplace destroyed the State Truthful Open Class Beef Complicated. Fortuitously, no individuals or animals have been injured, however the constructing was a complete loss. Thanks to our State Truthful employees for his or her response and to the firefighters and first responders who have been on the scene that day. We’re grateful in your service. 

The meat complicated held many recollections for fairgoers. It actually was a particular place. 

In South Dakota, we all know out of adversity comes alternative and an opportunity to construct for the long run. Instantly after the hearth, we started discussing plans to rebuild a brand new and improved complicated. Our purpose is to turn out to be the primary alternative for equestrian and livestock occasions within the nation, and for attracting new alternatives to South Dakota.  

It’s my pleasure to current to you our plan for the State Truthful Livestock Complicated. The brand new, multi-purpose facility can be 200,000 sq. ft. That’s greater than 100,000 sq. ft bigger than the previous beef complicated.  

This new house can be able to housing as much as 2,000 head of cattle, and permit for indoor regional and nationwide rodeos, equestrian occasions, and livestock exhibitions. As well as, the brand new livestock complicated will allow us to interchange the sheep barn. Lots of you right here know that the sheep barn has lengthy outlived its helpful life. This step will reduce livestock transportation questions of safety throughout the fairgrounds.  

This state-of-the-art facility will place us to raised compete for nationwide rodeo and equestrian occasions and supply new alternatives for town of Huron and the state of South Dakota. Like its predecessor, the brand new livestock complicated can be a particular place, and I can’t wait to see households and fairgoers making new recollections.  

To fund this undertaking, my funds proposal consists of $12 million in one-time normal funds to complement the $Three million greenback insurance coverage declare and $Four million raised via fundraising efforts.  

Like an old style barn elevating, it should take all of us to get this undertaking executed, however I do know it’s price it. 

I look ahead to seeing you all within the new livestock complicated on the 2022 State Truthful. 

Subsequent, we should tackle the rising cyber dangers dealing with our state. Cybercrime is among the greatest threats of the fashionable period, and state and native governments are among the many greatest targets. In July alone, South Dakota sustained greater than 14 billion assaults from 165 totally different international locations. Let me repeat that: 14 billion assaults. With out vital investments to guard our state, it’s only a matter of time earlier than considered one of these assaults turns into a disastrous knowledge breach. 

I like to recommend $10 million in one-time funds be allotted to improve weak infrastructure all through the state. This funding would permit the Bureau of Info Expertise to conduct vital system upgrades to guard our state and worker knowledge from malicious assaults sooner or later. This additionally will permit us to develop a complete plan to interchange a lot of our oldest and most crucial functions. 

Certainly one of my prime priorities is protecting South Dakotans protected. One element of that’s equipping our first responders with the instruments they should defend our communities. After September 11th, Governor Janklow created the state radio system – forming a single, uniform communications system for first responders in each nook of this state. Nonetheless, with the growing older infrastructure and software program, our present system wants additional upgrades.  

We have now invested on this system during the last two years, and I like to recommend we construct on this funding with an extra $3.2 million in one-time cash to make sure that first responders can proceed to serve and defend our residents and guests.  

This funding will goal three key areas. 

Within the Black Hills, a closely trafficked vacationer space, we’d construct new towers in Rockerville, Keystone, and Hill Metropolis. These towers will work collectively to supply complete protection throughout all the area.  

In Sizzling Springs, this funding would permit us to additional leverage the prevailing tower to cowl a wider space. The shortage of dependable communication in Sizzling Springs is especially urgent given the problems with wildfires as of late.  

Likewise, in Reliance, this funding would leverage one other present tower to boost and enhance our state, native, and tribal response in circumstances of emergency.  

We should proceed to prioritize this technique and make sure that it’s functioning on the highest attainable degree to assist the efforts of our first responders.  

We should additionally spend money on our coaching applications for the following era at our technical schools. From agriculture and manufacturing expertise applications to well being sciences and legislation enforcement research – our schools are getting ready our future workforce as we speak.  

I’m recommending investing $3.4 million in one-time cash to supply a lot wanted gear for the 4 tech schools. The state’s funding, coupled with a $1.6 million-dollar match from the technical schools, ends in a $5 million greenback funding.  

It’ll embody applications recognized as each high-need and in-demand, making certain that we’re investing within the careers we’d like most within the coming years.  

A key vulnerability that the pandemic uncovered is that our nation and our state doesn’t have sufficient processing capability to fulfill demand. As we’ve seen, this can result in disruptions for producers and customers.   

To deal with capability, we’re growing a grant program to supply funds wanted to enhance the state’s capability to course of and retailer South Dakota-raised meat merchandise.  

This program is for the small processors that our native producers depend on. By means of this program, processors can apply for grants to pay for facility upgrades like new freezers or processing gear, make facility enhancements to handle elevated capability, or work to broaden their operations.  

I’m recommending $5 million in one-time funds to facilitate these grants. 

We’re additionally working with USDA to present our farmers and ranchers an alternative choice to have the ability to promote their merchandise throughout state traces. These efforts may dramatically enhance South Dakota’s meat processing choices within the coming months. 

This previous July, a serious storm swept via Brown County and dealt vital injury to the realm. Its affect on the Elm Lake Dam, which gives one-third of the water provide for Aberdeen, has been significantly regarding.  

The state appropriated an emergency $521,000 for the dam in 2019 after an engineering report famous that the concrete within the dam was unfixable. That repair labored for a time, nevertheless it not meets state security pointers for capability. After this summer time’s storm, it’s clear that the time has come to interchange the dam completely earlier than extra injury is inflicted on the realm.  

I like to recommend allocating $Four million in one-time cash together with one other $1 million for vital upkeep on different dams within the state.  

Like just about all different states, South Dakota maintains a small fleet of plane to be used by state officers and workers. The fleet can be used to reply to fires within the Black Hills.  

Our state at present has three plane which might be a mean of 26 years previous.   

To assist guarantee the security of all state officers who make the most of this fleet, I like to recommend that we buy a newer airplane. Concurrently, I’m recommending that the state promote two of our older planes. This downsizing from three to 2 planes can be way more environment friendly for the state in the long term. As planes age, they require extra frequent, complicated, and really costly upkeep. 

The State’s prime precedence when contemplating plane should be security. Everyone knows that South Dakota tragically misplaced a governor, two state commissioners, three chief executives, and two pilots, 27 years in the past. They died in service to our nice state. Whereas our state misplaced profound dignitaries in that crash, their households misplaced a lot extra. The airplane we at present fly is similar airplane bought after that crash.  

I’m recommending we make investments $5 million to buy a more recent airplane. Mixed with the sale of two older planes, once more, this can be a safer and cheaper path ahead for the state’s air fleet.  

Lastly, I want to flip to our third class: strengthening our communities. We’re coming into the following 12 months in a particularly sturdy monetary place, however it’s vital that we take this chance to strengthen our communities for the following financial downturn. 

Accordingly, I’m additionally recommending focused investments in key industries, with each ongoing and one-time cash. This cash will assist meet the wants of our communities shifting ahead.  

This begins with funding inflationary will increase for medical suppliers, Ok-12 schooling, technical schools, and state workers. 
 
My funds consists of an inflationary improve of two.4% for medical supplier reimbursement charges, together with further focused price will increase for community-based suppliers. 
 
Additionally, I’m recommending a 2.4% improve for state help to schooling, in addition to a 2.4% improve to the per scholar allocation for the technical schools. To be clear, this is above the statutorily required 1.5%.  

This funding will assist make sure that native college districts have the sources vital to coach our kids and grandchildren. 
 
My funds additionally features a 2.4% improve for state worker salaries.  

Final 12 months, I introduced a plan to supply paid household depart to state workers after they welcome a brand new little one to their household via start or adoption. That new depart possibility took impact July 1st and has given almost 100 of our workers assist and adaptability to get a robust begin with their new youngsters.  

I additionally requested my human sources group to reassess the well being advantages we provide. The problem I gave them was 1) to create advantages which might be aggressive with these supplied by different giant employers within the state; 2) to make the medical health insurance plan financially sustainable for the state; and 3) to simplify our plan’s administration.  

The results of this effort, as mirrored in my proposed funds, meets this problem. 

This plan may also create $12 million in healthcare financial savings. We are going to reinvest these funds straight into worker pay, particularly for positions the place the state’s base pay hasn’t supplied aggressive wages.  

People and their households face complicated selections, significantly with regards to their medical health insurance. Offering a number of choices that match their monetary and well being wants is a vital a part of our technique. My proposal retains a premium-free insurance coverage plan for state workers with the chance to buy a plan that provides further protection. 

My funds gives improved advantages to our workers and strikes us ahead in our capability to compete for prime expertise, all with out including any {dollars} to the funds.  

I additionally need to allocate some further ongoing cash to assist our well being care services and suppliers throughout the state. These distinctive people work across the clock to supply wanted medical look after our state’s residents, and I’m extremely grateful for the time they put in each single day.  

Right here in South Dakota, we should make sure that our rural residents have quick access to expert nursing care. The Entry Crucial Nursing Facility Program, carried out in 2011, does precisely that by reimbursing rural services to maintain them financially viable.  

There are at present 9 rural nursing services supported by this program. I like to recommend allocating an extra $1 million  in ongoing funds to broaden this system to a few different services in Platte, Sisseton, and Madison. This funding will make sure that these areas have entry to the high-quality nursing care.  

Lastly, we should look out for our residents with mental and developmental disabilities who require specialised care. I’m dedicated to offering these people with care that permits them to dwell their lives to the fullest day by day.  

I like to recommend $8.Three million in one-time funds to determine small-scale, non-public, grownup Intermediate Care Services for these people in each Fast Metropolis and Sioux Falls. These services will create regional entry to top-tier care and permit these people to be served a lot nearer to their properties. As well as, these services will cut back capability and prices on the South Dakota Improvement Heart and permit them to focus extra on the residents of their geographical space.  

Switching gears now to another makes use of of one-time cash. I need to begin with a brand new facility to enhance the standard of life and neighborhood for our servicemen and girls at Ellsworth Air Pressure Base.  

The bottom can be present process in depth mission progress within the very close to future. Preparations have begun in assist of the following era bomber, the B-21 Raider, and its placement at Ellsworth. We’re honored that the Air Pressure chosen Ellsworth as the positioning for the primary operational squadron in addition to the coaching mission.  

This choice comes with a excessive degree of funding from the Air Pressure. Particularly, we’re a $1 billion-dollar building funding into the state of South Dakota. Because of this, Ellsworth will not have the ability to use a big hangar on base that’s at present getting used as a recreation facility. 

To switch this loss and improve the native and army neighborhood, I like to recommend utilizing $3.2 million in one-time funding to assist a brand new leisure heart close to the bottom. Along with funding from the Division of Protection and Pennington County, this $12.7 million facility will supply a year-round house for the neighborhood.  

Will probably be a spot for neighborhood and connection, which anybody in our army, together with their spouses and youngsters, will let you know is vital for a household that’s continually on the transfer.  

Persevering with within the spirit of strengthening communities, as well as to the two.4% inflationary improve to Ok-12 schooling, I’m additionally recommending an extra $11 million-dollar one-time funding.  

Historically, as soon as we now have last enrollment numbers for the varsity 12 months, we modify the funds to replicate precise enrollment versus what we projected final 12 months. This 12 months, COVID-19 has led to declines in enrollment throughout the state. This signifies that if we comply with the standard mannequin, we’d reduce $11 million from the college funding method.  

I don’t need to do that this 12 months. As a substitute, we will suggest that we make investments this $11 million on a one-time foundation. Our hope is it will assist present a last bridge for colleges previous the pandemic.  

South Dakota’s future may be very vivid. However we’ve confronted actual challenges this 12 months. And we’ll face extra sooner or later. To safeguard in opposition to unexpected financial setbacks, we should proceed to take a prudent and conservative strategy to state authorities.  

Once more, we have to rigorously contemplate our current uncommon circumstances as we undertaking income.  

To be ready, we have to save.  

For this 12 months, I’m recommending we add an additional 2% to our common 10% funds reserves. As well as, I’m additionally recommending that we put $50 million in a belief fund in order to guard ourselves in opposition to any future financial hardships. 

These two strategic investments will create one-time and ongoing funding streams for the long run. 

Frankly, I count on the highway could possibly be tough below a Biden administration.  

We will count on him to attempt to elevate taxes. Equally, we are able to count on him to attempt to eradicate fossil fuels by passing the Inexperienced New Deal. And, no matter else a Biden administration may do, it will definitely drown us in new regulation. I count on Biden’s federal businesses to see South Dakota not as a companion however as a subordinate. 

So, we should be ready. 

As with years previous, I’ve introduced a high-level overview, relatively than referring to the whole lot in my funds. If you want to overview all the main points, please learn via my funds ebook and the deck of slides hooked up to this presentation on the Bureau of Finance and Administration’s web site. 

I’ll shut with the smart phrases of President Calvin Coolidge: “I need the individuals of America to have the ability to work much less for the federal government and extra for themselves. I need them to have the rewards of their very own business. That is the chief which means of freedom.” 

I can’t consider something extra descriptive of my administration’s hope for the individuals of South Dakota. Below God, the individuals rule. All of us right here are stewards of their hard-earned tax {dollars}. And the funds I’ve proposed units up our kids and grandchildren for many years of prosperity.  

I firmly consider our mission is similar: a safer, stronger, more healthy South Dakota. I look ahead to working with you all within the coming months to perform this mission. 

Thanks all in your work as public servants. God bless you. And God bless the good state of South Dakota. 

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