Secretary Of State Closes 2017 Budget Year With Surplus
PIERRE, S.D. (AP) – South Dakota Secretary of State Shantel Krebs says that her office has ended the 2017 budget year with a surplus, returning more than $30,000 to the state general fund.
Krebs said Tuesday that the office also generated roughly $7 million in general fund revenue in the 2017 budget year, an increase of nearly $460,000 over the previous year.
The 2017 fiscal year ended June 30.
Krebs’ office says it has taken steps to offer a more business-friendly experience including upgrading technology and reducing the time required to file new business documents by switching from mail to online.
Krebs says it’s important to her and her staff to be good stewards of taxpayer money.