[{"_1":2,"_112":-5,"_113":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6385963,"mediaKeyId","2118771-e365d40abbe50e314f7f9a1d85c41e8d","parentId",2118771,"title","State treasurer asks panel to fund data matching to return millions in unclaimed property","audioSeconds",2796,"startMs",1492000,"endMs",4288000,"viewUrl","/Search/View?dp=1&key=2118771-e365d40abbe50e314f7f9a1d85c41e8d&start=1492&end=4288","thumbnailUrl","https://assets.pipeline.soar.com/2118771-e365d40abbe50e314f7f9a1d85c41e8d/thumbnail_1492000.jpg","articleUrl","/articles/6385963/South-Dakota/State-treasurer-asks-panel-to-fund-data-matching-to-return-millions-in-unclaimed-property","mediaUrl","https://secure.pipeline.soar.com/6385963-3dea3579b5b4d8c1a829e9473ca03346/orig.mp4?Expires=1771189231&Signature=MWux3H5gAWQLv2zAr3L6mScB9bqKuVdFrXOWVuW5MV~nBufyMW41AQQj6~1v7gliA-F9qCcx596oz3~lRa7TjgmoX3Pq43DiE6DgZegnKS4Oh3oC6O6WlU1LKph8fXK062GHqA9Wbx8T7llSOntLbMrWYED4zPUw6sq9DKhYWkRQ3EmS63mTBlCcjREL5HiWRhaZQ~td3Ctf~e2qbG0hvPd7s4oZIYD5XHFEC8Sx~3PDIDmxvAgaBDgT07zKbL0c1dkBe4ZVDSkGGva8pL6HySrFwrBGH-e5p08687tpw~xBlJR1U8x7Hl2HbIap8byqROKmjkb06u2PbwqQsFpkqg__&Key-Pair-Id=KUT5TJCACFTXG","author","State of South Dakota","date","2025-01-15T00:00:00Z","article","State Treasurer Josh Hader told the Joint Appropriations Committee on the morning of the hearing that his office can proactively return roughly $19 million to South Dakotans by expanding a data‑matching program, but it needs committee approval for one‑time expenses totaling about $800,000.

The proposal would run across two fiscal years. For fiscal 2025 the treasurer asked for $147,000 in contractual services and $52,000 in supplies plus a plan to send about $4.8 million back to rightful owners; for fiscal 2026 the request includes $442,000 in contractual services and $157,000 in supplies and plans to return about $14.2 million. Hader said the Treasury’s estimate is a conservative, phased approach focused on South Dakota records and claims of $2,500 or less.

Hader said the treasurer’s office previously ran a test match that returned $2.8 million to more than 14,000 South Dakotans and that other states using data matching have mailed more than 1.8 million checks worth nearly $500 million. “These funds belong to them first, not any of us,” he told the committee.

The treasurer described the all‑in operating costs for the program over an 18‑month period as about $800,000. Breakdown he provided to the committee included warrant printing ($296,000), data validation via commercial services such as Accurint ($162,000), envelopes and postage ($274,000), letters and claim forms ($41,000) and accounting processing ($25,000).

Treasury staff said the data‑matching effort would focus on records tied to South Dakota residents and would validate names, Social Security numbers and addresses provided by holders (mostly financial institutions). When matches are confirmed, the treasurer’s office would initiate claims and issue payments to claimants. The office estimated a high cash‑rate for payments; in the pilot about 80% of mailed checks were cashed.

Committee members pressed the treasury on process, timing and the source of funds. Hader and Deputy Treasurer Jason Williams said the one‑time costs would come from unclaimed property receipts, not general taxpayer dollars, and that the state’s budgeting process treats the amounts to be returned as informational items because the state technically holds those funds in perpetuity under state statute. Hader and Unclaimed Property Administrator Lee Desjave explained that when holders (banks and other companies) remit unclaimed items, the treasurer must request appropriations to return money to claimants.

Hader warned the committee that the statewide balance of claimable property has grown substantially in recent years and now totals about $1.2 billion across 2.5 million claimable properties. He said South Dakota‑claimable properties total about $98 million across roughly 957,000 properties. He urged the committee to prioritize returning property before committing additional ongoing spending from those receipts.

Committee members asked operational questions about mailing, electronic payment options and fraud mitigation. Lee Desjave said almost all holdings convert to cash (stocks and securities are sold within statutory time frames) and that the office rejects and investigates potentially fraudulent claims; the office reported rejecting 266 fraudulent claims and flagging an additional 939 likely fraudulent claims during the period covered.

Several legislators noted structural concerns. Sen. Howard and others asked whether the state should consider a trust fund to protect principal and spend only investment earnings rather than continue to rely on unspent balances for ongoing budget items. Hader said he supports legislation to create a trust mechanism and warned that using unclaimed property for ongoing spending increases the state’s exposure if receipts fall.

The committee did not take a vote during the hearing. Hader asked the committee to approve the one‑time spending and to allow his office to proceed with the larger data‑matching plan; he said he hoped the committee would authorize the expenses so staff could proceed to return the funds.

Looking ahead, Hader said his office will return to the committee for follow‑up and work sessions. He also asked the committee to consider the long‑term policy questions about using unclaimed property receipts for ongoing expenditures.","mediaType","Video","parentTitle","Joint Committee on Appropriations - Day 2","oneSentenceSummary","State Treasurer Josh Hader told the Joint Appropriations Committee on the morning of the hearing that his office can proactively return roughly $19 million to South Dakotans by expanding a data‑matching program, but it needs committee approval for one‑time expenses totaling about $800,000.","taxTitle","2025 Legislative SD, South Dakota","taxId",77845,"location","South Dakota","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6385950,"Sioux Falls one‑stop opens in phases; state presents lease costs and plan for 280,000‑square‑foot facility",1349,5713000,7062000,"/Search/View?dp=1&key=2118771-e365d40abbe50e314f7f9a1d85c41e8d&start=5713&end=7062","https://assets.pipeline.soar.com/2118771-e365d40abbe50e314f7f9a1d85c41e8d/thumbnail_5713000.jpg","/articles/6385950/South-Dakota/Sioux-Falls-onestop-opens-in-phases-state-presents-lease-costs-and-plan-for-280000squarefoot-facility","https://secure.pipeline.soar.com/6385950-89864e0c7d5611a4aa14adc6707f2e62/orig.mp4?Expires=1771189231&Signature=c7CSFTvRJJNK1~fTf7MgI0V7iD5PzRgTAxlQ-f4tWZRPkfsvBDOHmd4vNH-8rNjFNxZV4cx8pNBhdIjBu1d2FmRChv9X9i8oyRxWFCIz4uOXG9fySCUcwQwIz0L4B9G66v5r3QYArlYTyiABWxziMRs5Kd9Ea4GHg8YNg7VFfmnAk~71nM3Qh9RsnjPX-LKrgNW0fP~BaotDwXLr-bwQKU1nQIgT-Zph7wQAMiIUAHAnzoMABjWX7M7WaImgMD2of9r2FquzFF9sy3TMU-7fGO2rwvqZBgwgchAkuv73OKXf7eCSIrXkmdZ6hjrJ5H5gEJ5plY8Q-5OmZBVgkxAKjA__&Key-Pair-Id=KUT5TJCACFTXG","The Bureau of Human Resources and Administration told the Joint Appropriations Committee that the new Sioux Falls one‑stop facility is being occupied in phases and will consolidate many state services under a single, leased roof.

Commissioner Darren Seeley said the 280,000‑square‑foot building was procured through a design‑build‑lease process and that partial occupancy began in December when the Department of Social Services moved into the customer‑facing south wing. The bureau said it will move roughly 600 employees from 20 separate Sioux Falls locations into the new building between late January and late spring; full planned occupancy for the first phase is expected by June.

The building was procured through an RFP process begun in 2022 and awarded to Dream Design International (with Coop Architecture and Magoff Construction). Commissioners described the facility as finished, with the exception of internal modular partitions in an approximately 8,000‑square‑foot flex area that the state will use for future expansion or additional agencies.

Commissioner Seeley said the lease is a 30‑year contract. The bureau gave an annual cost figure of about $7.65 million across all funding sources (general, federal and other). That breaks down to an all‑in rent estimate of about $26.92 per square foot, inclusive of common area maintenance, snow removal, landscaping and other building‑level services. Officials said the rate compares favorably with local shell‑space market rates when adjusted for the difference that the state’s space is fully built and tailored for agency needs.

Committee members asked about transit access, local neighborhood impacts and phasing. The city has added a public bus stop at the site and service was in place when the hearing occurred, officials said. Commissioners said the move would not interrupt services because agencies plan duplication during the phase‑in: some employees and services will remain at existing locations while others begin serving from the new site.

Members asked whether the state considered ownership instead of leasing. Seeley said the state has historically leased most customer‑facing field offices outside Pierre to avoid large capital outlays and preserve bonding capacity. He added that leasing transfers certain maintenance and unexpected‑repair risks to the landlord and yields predictable operating expenses for budget planning. The bureau provided a slide showing agency budget and square‑foot allocations and said the cost per agency will vary with planned square footage.

Officials said the building includes specialized spaces such as a clinic for the Department of Health and shared conference, training and break rooms intended to improve efficiency and reduce duplicated leased space across the city. The bureau acknowledged staffing and occupancy questions remain and said it will work with a committee workgroup to answer additional technical and budgetary questions later in the session.","The Bureau of Human Resources and Administration told the Joint Appropriations Committee that the new 280,000‑square‑foot Sioux Falls one‑stop is being occupied in phases and will consolidate about 600 employees from 20 locations into a leased, state‑only facility.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6385955,"Treasury seeks $50,000 for new public‑deposit reporting system as Microsoft Access is phased out",286,1826000,2112000,"/Search/View?dp=1&key=2118771-e365d40abbe50e314f7f9a1d85c41e8d&start=1826&end=2112","https://assets.pipeline.soar.com/2118771-e365d40abbe50e314f7f9a1d85c41e8d/thumbnail_1826000.jpg","/articles/6385955/South-Dakota/Treasury-seeks-50000-for-new-publicdeposit-reporting-system-as-Microsoft-Access-is-phased-out","https://secure.pipeline.soar.com/6385955-b39c66360ec28b878d70ff0c37673342/orig.mp4?Expires=1771189231&Signature=YlkTMrd7ivC~jSoCCjfXoKVABwexWb~kzPFBPD-mYoFifMirhcOBd98Y~cJmrLHpjm~ExTbUbjQgI3IiLrb7cqlxTUnMLrHfdKVfs0mpuBiv-nTJqFBLHP~-o1FBlmlA5FQFrH7T~0HroSv6xHXfy~2TdIbdgKEqyzEuiDo1OOjRtWSsr3ndjRkhu~~kdKaa4P1FIc8adOxVXoCsByZo4E-Jfs-Ojbb9~dY6LhaQz207seeVB-DB~yB4q-IsEHoLAnbKK65vWK4qAsYEyg7aM1QPI7rAqU1JgViwT5Osm2c2urIfwY~Ia4982B1~ywUyV6CsJwxmz850RrrEFd6TPw__&Key-Pair-Id=KUT5TJCACFTXG","State Treasury officials asked the Joint Appropriations Committee for a one‑time appropriation of $50,000 to build a new public‑deposit reporting system after the Bureau of Information and Telecommunication (BIT) advised that Microsoft Access-based tools will be unsupported after 2026.

Deputy Treasurer Jason Williams and treasury services manager Melissa Hall described the current process: banks email or fax collateralization data, a single treasury staff member manually updates a Microsoft Access file, and staff then confirm entries with phone calls or emails. The office said the manual workflow produces errors and delays; the database holds collateral records for 72 qualified public depositories and is “cumbersome.”

Treasury proposed a web‑based software‑as‑a‑service (SaaS) solution hosted by BIT that would allow bank users to sign in, electronically submit collateral changes and quarterly liability reports, and let treasury staff electronically review and approve updates. The new system would reduce manual entry, improve reconciliation for banks and provide immediate access to collateral records.

Treasury noted the governor’s proposed budget included $5,000 in ongoing funds to maintain a future system but did not include the $50,000 initial development cost; the treasurer asked the committee to consider the one‑time funding.

Committee members asked whether the current Access system would stop working or merely become unsupported. Treasury staff said the software might continue to run like an old phone but would be increasingly inefficient and would become obsolete; BIT’s guidance motivated the request. Members also asked whether Excel could serve as a replacement; treasury staff said Excel lacks database relationships, robust security and scale for the volume of data and concurrent users.

Treasury said the modernized system would improve timeliness of collateral reporting, reduce staff workload and give depository institutions instant access to their pledges, easing reconciliation and reducing risk. No formal committee decision was made during the hearing.","Treasury officials told the committee an obsolete Microsoft Access database underpins public‑deposit collateral reporting for 72 depositories; they requested a one‑time $50,000 software development investment so banks can submit collateral updates electronically and staff can reduce manual error and lag time.",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6385946,"Governor’s office presents steady $3.1 million budget, emphasizes salaries and legal work",687,492000,1179000,"/Search/View?dp=1&key=2118771-e365d40abbe50e314f7f9a1d85c41e8d&start=492&end=1179","https://assets.pipeline.soar.com/2118771-e365d40abbe50e314f7f9a1d85c41e8d/thumbnail_492000.jpg","/articles/6385946/South-Dakota/Governors-office-presents-steady-31-million-budget-emphasizes-salaries-and-legal-work","https://secure.pipeline.soar.com/6385946-6cca384bffbe5708c762a2c4e976848a/orig.mp4?Expires=1771189231&Signature=Dw7bkJo3ljQtINoHvrnekjs412EaALK16Qcgjj2ApEkV2-Y6pTQ~HydbyrTyESzzN1i~5oO73tFrhcrentmWyebahLB3ovs4-04yyO69qzVp6Mt5S9AxBxk1OmjkrXRK6nNSyJ4e2Ghmv6I1QbJs84jozzn9QyXl0e1O6vX1iwWhtWRFLLmUA7fehAncEJbLVx-8F9TEvhbo7fRp4CclFc4tBHuGLZ7va4RSspdVGMVDpNKOz1q-wolbvGZHFJYg-jK1RRvEllWdfZxKkhsv-jureJpR0j~FZmqhRmbI6QjFodjRfG63H9ClCrh3VCmZqPqRoYHxTsdXTgR6H2R0Hg__&Key-Pair-Id=KUT5TJCACFTXG","Ryan Bruner and Missy Locke, representing the governor’s office, presented the office’s FY26 budget brief to the Joint Appropriations Committee and answered committee questions.

Bruner said the governor’s office requested $3,100,000, the same as the prior year, and that the amount could increase if the Legislature adopts a salary policy or other statewide adjustments. He said roughly 83% of the budget supports salaries and benefits across 22 full‑time equivalent positions and that the office provides administrative support, communications, legal review and policy advisors who liaise with state agencies.

Missy Locke described the office’s second largest spending category, contractual services, at $421,877, largely covering technology and central services bills such as rent and IT bureau billings. She said office rent was estimated at $145,698 and computer services (IT bureau billings) at $123,434. Locke told the committee the governor’s office had no supplemental budget requests, no software initiatives and no proposed fee increases in the current submission.

Bruner answered committee questions about multi‑state litigation record‑retention (“lit‑hold”) obligations and said the governor’s legal staff have taken a substantial discovery and litigation workload in recent months. He and Locke also discussed modest FTE turnover and noted the governor and lieutenant governor count toward FTE totals.

Committee members asked about the contingency fund and whether funds remained from last year; Bruner described limited uses, including employee awards and association dues. He clarified that a separate request related to a gun range was not part of the governor’s office budget. The presentation finished without formal action by the committee.","A representative of Governor Noem’s office outlined a $3.1 million budget request unchanged from last year, noting 83% of the request covers salaries and benefits for 22 FTEs; officials said the request contains no program increases and highlighted legal and constituent‑service workloads.","actionData","errors"]

Article not found

State treasurer asks panel to fund data matching to return millions in unclaimed property

Sioux Falls one‑stop opens in phases; state presents lease costs and plan for 280,000‑square‑foot facility

Treasury seeks $50,000 for new public‑deposit reporting system as Microsoft Access is phased out

Governor’s office presents steady $3.1 million budget, emphasizes salaries and legal work