CHICAGO — South Dakota lawmakers will attempt to hash out a final $4 billion budget for fiscal 2011 next week after suspending debate earlier this month to see if the state would receive up to $36 million in federal stimulus money that could be used to eliminate a deficit that’s roughly the same size.

The budget debates come after a year in which the usually durable state saw a decline in its sales tax revenue for the first time in decades.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.