It would be hard to find a city stronger than Sioux Falls. That was the message today from Mayor Mike Huether as he delivered his annual State of the City address. He says Sioux Falls has a bright future because of rising revenue and living within the City's means.
"It's really hard to find something negative to say about our city right now," Sioux Falls Mayor Mike Huether said.
Sioux Falls Mayor Mike Huether pointed to three areas that he says puts Sioux Falls in great position for the next five years.
The City has seen steady sales tax growth over the past four years following the recession.
The City budgeted for five percent growth in sales tax revenue last year and it grew by eight percent, generating over $52 million.
The mayor says because the City has been able to live within its means, it's been able to put more money into reserves.
"That city piggy bank that I've been talking about for the last four years, it keeps growing," Huether said.
Huether says despite a devastating ice storm last April which cost over $1 million to clean up, the City was still able to put $600,000 into the reserve fund; giving it a total balance close to $46-million.
"Let's say we didn't have a single dime come into the City Treasury, without another dime coming in, the City could actually sustain itself for four months. Unheard of, unheard of. You're not going to find that anywhere in America," Huether said.
The man challenging Huether for mayor in the upcoming city election says, the Mayor failed to mention several issues that are important to the taxpayers.
The upcoming city election is April 8.