South Dakota Record
Spearfish
High PriorityTaxes Budgetopen

2027 Budget — Health Insurance, Parental Leave, Property Taxes

Summary

Early budget numbers show a possible 15% health insurance premium increase, a proposed paid parental leave policy (160-240 hours for new parents), and a property tax request at the legal maximum — up 6.3%, partly because two TIF districts closed and their property value returns to the tax rolls.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Jul 20, 2026.

Impact analysis

💰Financial impact

Health premiums up 15%, wages up 3.4% plus steps, property tax request of $3,808,087.

✅Who benefits

City employees (benefits, leave) and residents whose TIF-district properties return value to the tax rolls.

⚠️Who could be affected

Property owners face the maximum allowed property tax increase.

Mentions & discussions (1)

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