South Dakota Administrative Rules
Title 24 - EDUCATION
Article 24:59 - Postsecondary Technical Institutes
Chapter 24:59:02 - Postsecondary technical institute funding distribution
Section 24:59:02:02 - Set-asides

The South Dakota Board of Technical Education shall set aside facility funds, National Guard Tuition Benefit funds, and maintenance and repair funds from the total appropriated to the South Dakota Board of Technical Education postsecondary technical institutes under "Postsecondary Vocational Education."

In fiscal year 2020, The facility fund set aside shall be $2,317,668, an amount equal to twenty-seven percent of the current year lease purchase agreement payments

The amount set aside for the National Guard Tuition Benefit fund in fiscal year 2020 shall be $214,190. The All National Guard Tuition Benefit funds shall be distributed each academic term to the postsecondary technical institutes colleges based on the actual state tuition benefits applied for qualifying National Guard members after federal tuition benefits are applied.

In fiscal year 2020, the maintenance and repair fund set aside shall be $505,103. All maintenance and repair funds shall be set aside and distributed each year to the postsecondary technical colleges to be used exclusively for the maintenance and repair of state-owned facilities on the respective postsecondary technical college campuses.

General Authority: SDCL 1-16A-94, 13-39A-12, 13-39A-18.

Law Implemented: SDCL 1-16A-43, 1-16A-96, 13-39A-12, 13-39A-18, 33-6-6.