South Dakota Record
Sioux Falls
High PriorityTaxes Budgetopen

September 2026 city financial report

Summary

Sales tax is growing 7.6% year to date, on track to beat budget by about $2.5 million, which eases the property tax recalibration squeeze. But construction activity is down sharply and inflation — especially energy — threatens future budgets.

At a glance

Total mentions
1
Last 30 days
1

Discussed at 1 meeting in the last 60 days; most recently Oct 20, 2026.

Impact analysis

💰Financial impact

City could end the year about $2.5 million above budget on sales tax, though building permit values are down $230 million.

✅Who benefits

A stronger revenue year helps the whole city, potentially letting the capital program grow next year instead of shrink.

⚠️Who could be affected

Price-sensitive consumers are cutting discretionary spending, and slower construction means fewer building jobs.

Mentions & discussions (1)

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