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.

76° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Most Popular Today

March Tourneys In SF Create Tax Boost

February 27, 2014, 5:00 PM by Matt Holsen

March Tourneys In SF Create Tax Boost

March is big business for Sioux Falls; from convention center shows to the Summit League Basketball Championships, the city collected $515,000 in entertainment tax revenue. With another basketball tournament in the mix, city officials are expecting another boost.

The penny entertainment tax will be out in full force over the next few weeks as action at the Arena and Convention Center and now the Sanford Pentagon, heats up.

"Of the winter months, March is the bigger month of the season. We're excited about that. Always look forward to those big events bringing a lot of people to town and hopefully spending a lot of money," City of Sioux Falls finance director Tracy Turbak said.

Turbak says the taxes collected in March on things like event tickets, alcohol, restaurant bills or hotel rooms, are reflected in April's report. Last year, the city's take saw a more than $20,000 increase from 2012. With the four-day NSIC Basketball Championships new to the mix this year, another boost could be coming.

"I think that's great. The more we can bring events to town, whether it's in March or any other time of the year, we love to see that. It just creates economic activity and of course, the city benefits from that by generating a little more sales tax dollars to support city services," Turbak said.

Revenue from the entertainment tax goes to major repairs, maintenance and operating expenses of some city facilities like the Arena and the Orpheum. While tax collections peak in the summer months, March's activity gives the city something to look forward to in the winter.

"It's right up there with the June, July and August collection. It's very good," Turbak said.

The city collected just over $6 million in 2013, a $300,000 increase from 2012. The biggest month for collections is August. The September report last year boasts a $570,000 take.

Financial Report.PDF

Previous Story

Next Story


Find Local Businesses on KELO Pages!

View business

You may also like

Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
Cattle Spooked By LifeLight Noise

8/30/2014 3:58 PM

Farmers say the annual music event is louder this year, and it's causing some problems with their cattle.

Full Story
Sanford And First PREMIER Bank Hosting Concert For Employees

8/29/2014 11:30 AM

Employees from two Sioux Falls employers have an opportunity to see a private concert with two country headliners at the Denny Sanford PREMIER Center.

Full Story
Car vs Bus Crash Injures Two Teens

8/26/2014 6:00 PM

Two Iowa teenagers are hospitalized after colliding with a school bus early Tuesday morning.  It happened just east of Inwood on 240th Street at ...

Full Story | Watch