(A) Pursuant to SDCL § 35-4-11, if not fixed by ordinance, the governing board of the municipality may on or before September 1 in each year, by resolution, determine the number of on-sale and off-sale licenses it will approve for the ensuing calendar year, and the fees to be charged for the various classifications of licenses.
(B) The number of on-sale licenses issued may not exceed three each for the first 1,000 of population or fraction thereof and not exceed one each of such licenses for each additional 1,500 of population or fraction thereof.
(C) The number of licenses allowable may not be less than the total number of licenses allowable or issued as of July 1, 1981. The municipal governing board shall at such meeting establish the fee for on-sale licenses pursuant to § 113.15(A)(4) and (13). Such fee shall apply to all such on-sale licenses issued in the ensuing calendar year. The quotas established in this section do not apply to licenses issued pursuant to § 113.15(A)(12), (16), (17), and (17A).
(D) For the purposes of this section, population is equal to 90% of the population estimates published by the United States Census Bureau for each even-numbered year, except for the decennial year. For a decennial year, population is equal to the amount determined by the decennial federal census. No license issued pursuant to this section which exceeds the number of licenses that would have been issued upon the decennial federal census may be denied solely by reason that the license exceeds the number of licenses authorized by the decennial federal census.
(SDCL § 35-4-11)