Posted: June 21, 2024
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF062624-05

Agenda Item Title:

Acknowledge April 2024 Sales Tax Report

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
06/26/2024
City Council Hearing Date:
07/01/2024
Petitioner:
Finance Department
Staff Contact:
Daniel Ainslie, Finance Director
Location:
Council Chambers
Agenda Item Summary:
The attached charts include a summation of sales tax received for April 2024. The General 2% Sales Tax collected in April 2024 was 6.31% higher than collections in 2023 and collections for the first four months of the year were 3.66% higher than the same time period in 2023. The General Fund Sales Tax collection trend is 0.3% lower than budgeted. The Tourism Sales Tax collected for April 2024 was 0.6% higher than collections in 2023 and collections for the first four months of the year were 2.8% higher than the same time period in 2023.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Acknowledge

Login Form

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries