sales tax

City sales tax growth slows midyear as entertainment tax spikes

Sales tax revenue isn’t growing as fast in Sioux Falls — but there are signs a lot more dining out is happening.

3 years ago
city hall

Sioux Falls sales, entertainment and lodging tax revenues show solid growth

After a slower start to the year, consumers seem to be spending fairly robustly in Sioux Falls.

3 years ago
city hall

City ends 2022 with revenues ahead of expenses, growing reserve

The city of Sioux Falls ended 2022 with a $5 million operating budget surplus, helped by a double-digit increase in sales tax revenue, and with a nearly $18 million fund balance in its capital improvement program.

3 years ago

City sales tax revenue is up this year — but not as much as inflation

Sales tax revenue in Sioux Falls is ahead of last year through the first quarter — but not necessarily enough to keep up with inflation.

3 years ago

Sioux Falls reports double-digit sales tax increase in October

Sales tax growth keeps outperforming inflation in Sioux Falls.

3 years ago

City sales tax shows surge in September

Sioux Falls sales tax collections outpaced inflation in September, showing their biggest monthly increase since early this year.

4 years ago

City sales tax stays just ahead of inflation in August report

Inflation eased somewhat in August, and city sales tax revenue stayed just slightly ahead of it.

4 years ago

City sales tax revenue continues to increase but shows consumer spending softening

For the first time since the city began tracking remote retailer sales, sales tax collection decreased year-over year.

4 years ago

Sioux Falls reports 40-year inflation high impacting city fuel budget

Inflation hit 8.6 percent in May, the largest year-over-year increase since 1981, and the city’s budget is starting to feel it.

4 years ago

Sioux Falls sales tax growth slows some — but so does inflation

Sales tax isn’t increasing as much, but inflation improved a bit in April. This and more from the city’s monthly financial report.

4 years ago

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