{"data":{"id":"us-sd/sdcl-11-9-17.2","jurisdiction":"us-sd","citation":"SDCL § 11-9-17.2","heading":"Fiscal feasibility review--Contents--Advisory in nature--Available to public--Time for submission.","body":"A fiscal feasibility review required pursuant to § 11-9-17.1:\n(1) Must contain:\n(a) A description of the project plan, proposed district boundaries, and estimated project costs;\n(b) An analysis of the tax increment base and the projected tax increment valuation for the anticipated duration of the district;\n(c) An evaluation of whether the projected tax increment revenue is sufficient to pay the project costs and any other obligation proposed to be paid from the revenue;\n(d) An analysis of the timing of projected revenue relative to anticipated expenditures or debt service requirements;\n(e) A discussion of material financial risks to the feasibility of the project plan;\n(f) A statement identifying material assumptions, limitations, and reliance on information from other third persons; and\n(g) A conclusion stating whether, based on the assumptions and analyses described in the report, the project plan is reasonably feasible from a financing standpoint;\n(2) Is advisory in nature and does not constitute a guarantee of project completion, revenue, or valuation;\n(3) Does not relieve the governing body of the responsibility to evaluate the project plan; and\n(4) Must be completed and made available to the governing body and the public at least fourteen days prior to the governing body's consideration of the resolution establishing the district.","path":["TITLE 11. PLANNING, ZONING AND HOUSING PROGRAMS","CHAPTER 11-9. TAX INCREMENT FINANCING DISTRICTS"],"source_url":"https://sdlegislature.gov/Statutes/11-9-17.2","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"9f21301095caa398b8ba54d2420ba01b766914515380666d2cb161a226162029","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-11-9-17.1","next":"us-sd/sdcl-11-9-18"},"notice":"GroundRules: Original legal text. Not legal advice."}