State Property Tax Reform Impacts
Summary
The city's property tax relief program for qualifying elderly and disabled residents is now permanently in the city code rather than subject to periodic renewal.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 8, 2026.
Impact analysis
Reduces property tax liability for qualifying elderly and disabled households.
Eligible elderly and disabled homeowners in Sioux Falls.
The city's general fund, which must trim $5-7 million more in ongoing expenses to balance reduced revenue.
Mentions & discussions (2)
City Council Meeting — September 8, 2026
The city's property tax relief program for qualifying elderly and disabled residents is now permanently in the city code rather than subject to periodic renewal.
Budget Hearings — August 5, 2026
New statewide property tax reforms cap the city's growth factor at 3% for at least five years, cutting an estimated $25 million or more from city revenue over the next decade. The city is responding with spending recalibration rather than cuts, and the state expanded its low-income elderly and disabled assessment freeze program.
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