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.


37° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

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

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!

 

SF Sales Tax Numbers Up

October 31, 2011, 10:07 PM by Kelly Bartnick

SF Sales Tax Numbers Up
SIOUX FALLS, SD - Why tout stability, when you can point to signs of growth? That's the message from city finance director Tracy Turbak to the Sioux Falls City Council Monday night. Tracy Turbak says building permits and sales tax revenues are up in Sioux Falls.

"The city's in really good shape and this only helps bolster that," Turbak said. 

According to Turbak, September sales tax numbers were up year-to-date for the sixth month in a row. Sioux Falls ended the third quarter up 4.6 percent from a year ago.

"We don't get the downs the national economy does," Turbak said. "This is bearing that out." 

Construction projects continued to climb too. Turbak says new building permits rose about 3.6 percent. The number includes both residential and commercial properties, but Turbak says the strong number is driven partly by the growth of multi-family residences.

"For the current year's budget we projected no increase in revenues. Obviously we're seeing an increase today and we have throughout the year," Turbak said. 

That means more money could be left at the end of the year. The city based its budget on no sales growth this year. It only accounted for three percent growth next year.

Another economic plus, according to the city's numbers, is a lower unemployment rate. The August rate ended at 4.5 percent. That's half of the national rate of just over nine percent.

Previous Story

Next Story


Comments





Sponsored
Find Local Businesses on KELO Pages!

You may also like

Highway Investigating Cause Of Concrete Truck Crash

4/22/2015 9:39 AM

The South Dakota Highway Patrol said a Concrete Materials truck left the road for unknown reasons.

Full Story
Body Found In Lake Is Identified

4/20/2015 6:40 AM

Authorities have released the name of a man whose body was found in a central Iowa lake.

Full Story
Native American Actors Walk Off Adam Sandler Movie Set

4/24/2015 11:30 AM

Loren Anthony is one of nearly a dozen actors who walked off Adam Sandler's "Ridiculous Six" movie set on Thursday, which is filming in ...

Full Story
Teens Bruising Lips To Mimic Kylie Jenner

4/21/2015 9:52 AM

Across Instagram and Twitter, users are posting photos of puffed up lips after sucking on the end of bottles.

Full Story
Huset's Speedway Purchased By Badlands Group

4/21/2015 5:18 AM

The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.

Full Story


Events