Posted: February 23, 2024
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF022824-01

Agenda Item Title:

Acknowledge 2023 Sales Tax Report

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
City Council Hearing Date:
Staff Contact:
Daniel Ainslie
Council Chambers
Agenda Item Summary:
The attached charts include a summation of sales tax received during 2023. The General 2% Sales Tax collected in 2023 was 2.18% higher than collections in 2022. Total General Fund Sales Tax collections were $1,330,333 higher than budgeted. The Tourism Sales Tax collected for 2023 was 5.43% higher than collections in 2022.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center


Origination Recommendation Action:

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