Posted: June 26, 2025
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF070225-02

Agenda Item Title:

Acknowledge April 2025 Sales Tax Report

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
07/02/2025
City Council Hearing Date:
07/07/2025
Petitioner:
Finance Office
Staff Contact:
Daniel Ainslie, Finance Director
Location:
Council Chambers
Agenda Item Summary:
The attached charts include a summation of sales tax received for April 2025 sales. The General 2% Sales Tax collected in April 2025 was 0.71% higher than collections in 2024. The General Fund Sales Tax collection trend is 0.4% higher than budgeted. The Tourism Sales Tax collected for April 2025 was 5.12% higher than collections in 2024.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Acknowledge

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