More Revenue Than Expenditures For Sioux Falls General Fund In 2018

News

The City of Sioux Falls’ general fund has some leftover money from last year. During Tuesday’s City Council informational meeting, councilors heard how the city’s general fund had more revenue than expenditures in 2018, a $5 million difference. 

“On the sales tax side, as I said we saw a marketed improvement in 2018 versus 2017, where we did see a significant slowdown there,” Director of Finance Shawn Pritchett said. “We’re still not back to where we were necessarily back in 2014 or 2015, but certainly we’re more on pace with the kind of growth that we would like to see to support the services of the city.”

Police, fire, engineering, parks, snow removal, and more all come from the general fund. You can view the 2018 financial results by clicking here.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories


 

Don't Miss!

More Don't Miss

Our Contests

More Contests