User uShare Login | Register
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.


27° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

 Winter Storm for March 2-3, 2015

Snow Outlook

Severe Weather

State Radar


Click here for local closings & delays

Send photos to ushare@keloland.com

Storm Center Update

 

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

SD Seeing Positive Sales Tax Revenue

June 4, 2010, 5:07 PM by Jon Wilson

SD Seeing Positive Sales Tax Revenue
SIOUX FALLS, SD - Despite a lingering recession and a $40 million budget shortfall, South Dakota's Lieutenant Governor says the local economy is actually improving. But are the signs as positive as some politicians would have you believe?

It was about midway through Thursday night's hour-long forum with the five GOP gubernatorial candidates when Lieutenant Governor Dennis Daugaard said South Dakota's economy is beginning to rebound.

"Just today, we received news that the sales tax revenue is up for the month of April reported May as compared to a year ago," Daugaard said.

According to the Department of Revenue, South Dakota showed a 1.67 percent increase in sales tax revenue in April 2010, and a 5.89 percent increase in May. Small gains, but fairly significant when you compare these figures to last year.

It has been nearly a year since the state collected a positive return on sales tax revenue. After plunging to a negative 8 percent in September, sales tax receipts have been slowly rising in the state, topping out at nearly six percent on the positive side of the ledger in May of 2010.

South Dakota isn't alone, though. The Department of Revenue says several other states are also seeing positive sales tax revenues after months of negative returns.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

You may also like

Two New Members Join The KELOLAND Family

2/23/2015 4:41 PM

The KELOLAND family grew by two over the weekend.

Full Story
Minnesota Man Catches Walleye Whopper

2/27/2015 10:21 AM

Paul Ell of Big Lake, MN snagged a 11.6-pound, 29.5-inch walleye after 6 p.m. Thursday night.

Full Story
3 Teens In Custody After Driving Stolen Vehicle

2/24/2015 11:04 AM

Early Tuesday morning, a Sioux Falls woman reported her 2001 Land Rover Discovery was stolen. A set of keys were left in the vehicle's center cons...

Full Story
Woman Admits To Having Sexual Contact With A Teenager

2/27/2015 10:44 AM

A former Sioux Falls teacher pleads guilty to sexual contact charges for a relationship she had with a student. 

Full Story
Canadian Man Tunnels Through Snow To Reach Car

2/25/2015 7:50 AM

Prince Edward Island in Canada is one of many provinces and states along the East Coast dealing with record snowfall.

Full Story


Events