User uShare Login | Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.

70° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started.


[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Holiday Shopping Boosts SF Sales Tax

December 24, 2013, 5:54 PM by Ben Dunsmoor

Holiday Shopping Boosts SF Sales Tax

Sioux Falls will bring in nearly $50 million in sales tax this year and much of that revenue comes from the holiday shopping season which gives the city's bottom line a boost.

On Tuesday, last-minute shoppers at The Empire Mall were making important purchases to add to that total.

"Christmas Eve, yearly tradition we come out with my father-in-law shop for my mother-in-law and we go have lunch and he always buys some extra gift the kids get to pick out while we're shopping," shopper Eric Aasen said.

It doesn't matter when the shoppers buy their gifts, those purchases provide a crucial source of income for the city.

"Makes it much more feasible for the city to keep up with the growth that we're seeing with more people coming to town. That's just a bigger demand on city services for police and fire and libraries and street maintenance and parks," Sioux Falls Finance Director Tracy Turbak said.

The city has seen strong sales tax numbers all year. With revenues sitting at about eight percent more than last year, which is above the five percent growth that was projected.

Officials don't expect it to slow down during the holiday season. But the holiday sales don't necessarily affect the city's budget this year it actually sets the tone for city finances starting next year because the sales tax check from the state won't go out until January.

"So that's an important thing for us from our standpoint. The Christmas season sales most of those will show up in the city's revenues in January so it tells us pretty early in the year what kind of a year we're starting out with in terms of our sales tax revenue," Turbak said.

And whether it's on Black Friday or late in the season, every shopper counts.

"We like to shop in Sioux Falls. We travel from time to time to other places but it's good to support local stores and the retailers who are right here in town," Aasen said.

This year the sales tax revenue in January was the largest month of the year with Sioux Falls bringing in more than $4.8 million, which is about ten percent of the revenue for the entire year.

Previous Story

Next Story


Find Local Businesses on KELO Pages!

View business

You may also like

Millions Of Android Phones At Risk For Heartbleed

4/15/2014 4:10 PM

If you've got an Android phone, your device could be susceptible to the Heartbleed security problem.

Full Story
Shrimp Prices Soar

4/16/2014 11:00 AM

The next time you order shrimp scampi of the menu, you may be in for sticker shock. 

Full Story
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch


KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED