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.
Sales tax isn’t increasing as much, but inflation improved a bit in April. This and more from the city’s monthly financial report.
Even factoring out historic inflation, Sioux Falls is experiencing double-digit percentage growth in sales tax revenue.
Sales tax in Sioux Falls is way up compared with last year — but also compared with before the pandemic.
Most industries in Sioux Falls continue to experience a big bump in sales, according to the most recent city sales tax report.
Sales and entertainment tax revenues are way up in Sioux Falls, but inflation is heading that way too.
There needs to be an asterisk next to these sales tax results – but they’re strong regardless.
Sales tax revenue is still growing in Sioux Falls – but not as much as it was at the start of the year.
Sales tax collected in Sioux Falls in the past year is barely ahead of a year ago after a drop in revenue received in November.
Sioux Falls sales tax is back in positive territory. From grocery to restaurants and apparel, here’s how different sectors are trending.
Sales tax collections in Sioux Falls fell 9.4 percent in June, but that’s a solid improvement from the 13 percent drop the previous month.