If an agency proposes a rule to increase a fee, the agency shall provide information to the Interim Rules Review Committee about the financial resources available to the agency. This information consists of the agency’s beginning fund balance, receipts, disbursements, ending fund balance for each of the last two fiscal years and consists of the agency’s beginning fund balance, projected receipts, projected disbursements, and ending balance for the current fiscal year and the next fiscal year.

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Terms Used In South Dakota Codified Laws 1-26-4.8

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

Source: SL 2005, ch 18, § 3.