Rainy Day Fund to cover South Dakota prevention cost - KTIV News 4 Sioux City IA: News, Weather and Sports

Rainy Day Fund to cover South Dakota prevention cost

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PIERRE, S.D. (KTIV) -

South Dakota Governor Dennis Daugaard says the state's rainy day fund will cover flood prevention costs, so no spending cut or tax increase will be needed.

Daugaard says the state has spent about $10 million in the first two weeks of work to prevent flooding in Pierre, Fort Pierre and the Dakota Dunes area.

He says FEMA is likely to reimburse the state for about 75-percent of that cost.

Daugaard says cities may face high bills for the flood prevention effort, but FEMA will also reimburse them.

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