Dem leader says more South Dakota schools will have to opt out of funding formula

Kayla Gahagan:

Gov. Mike Rounds implied Tuesday that school districts could dig into their reserves to absorb proposed cuts to K-12 education funding.
In his final annual budget address, Rounds said the state faces a $75 million structural deficit and proposed unprecedented cuts to education, including a 5 percent reduction to state aid to school districts.
The education changes would result in $240 less per student to school districts, saving the state about $20 million.
House Minority Leader Bernie Hunhoff of Yankton predicted that the 5 percent cut will be modified by the time the final budget is presented, but any cut will hurt.