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Rapid City committee hears modest sales-tax gains, approves $5.39 million supplemental appropriation
Summary
Finance director reported August general sales tax up 3.45% year-over-year and tourism tax up 12.81%; the committee approved consent items including a $39,000 CDBG grant, a $43,491.40 SB168 grant for a police youth coordinator, and a $5,386,440.07 supplemental appropriation (second reading).
Rapid City’s Legal and Finance Committee on Oct. 30 received a finance report showing modest revenue growth and approved a second reading of a supplemental appropriation totaling $5,386,440.07.
Director Ainsley told the committee the city’s 2% general sales tax for August was up 3.45% compared with the same month a year earlier and that year-to-date growth was reported in the range of 3.16–3.18%. He said the tourism (BBB) tax rose 12.81% in August but warned some of that reflected late…
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