P - Present
E - Excused
A - Absent
Roll Call
P Rep. Saba
P Sen. Nesiba
P Rep. Bartels
P Rep. Gross
P Rep. Howard
P Rep. Koth
E Rep. Peterson (Sue)
P Rep. Post
P Sen. White
P Sen. Sutton
P Sen. Partridge
P Sen. Maher
P Sen. Kolbeck
P Sen. Greenfield (Brock)
P Rep. Hunhoff
P Sen. Cronin
P Rep. Karr
P Sen. Wiik
OTHERS PRESENT: See Original Minutes
The meeting was called to order by Co-Chair Wiik.
Mr. Jeff Mehlhaff, Senior Fiscal Analyst, Legislative Research Council (LRC) met with the Joint
Committee on Appropriations to present LRC's FY19 and FY20 revenue projections. The
Legislative Research Council shows ongoing revenue projection for FY19 to be $1,647,503,471.
The Legislative Research Council FY20 ongoing revenue projection is $1,715,790,304.
Document 1- Legislative Research Council Revenue Estimate Model Explanation
Document 2 - Legislative Research Council FY19 and FY20 General Funds Revenue
Mr. Jim Terwilliger, Secretary, Department of Revenue and State Economist, Bureau of Finance and
Management (BFM), met with the Joint Committee on Appropriations to present BFM's FY19 and
FY20 revenue projections. The Bureau of Finance and Management shows ongoing revenue
projection for FY19 to be $1,642,389,739. The Bureau of Finance and Management FY20 ongoing
revenue projection is $1,695,493,081.
Document 3 - Bureau of Finance and Management - South Dakota and United States Economic
Outlook
Document 4 - Bureau of Finance and Management - Revenue Forecasts
Document 5 - Bureau of Finance and Management - FY19 and FY20 General Funds Receipts
MOTION: ADJOURN
Moved by: Bartels
Second by: White
Action: Prevailed by voice vote.
Committee Secretary: Mary Turner
____________________________ ____________________________
JOHN WIIK, Co-Chair CHRIS G. KARR, Co-Chair