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Posted: September 26, 2025
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF100125-04

Agenda Item Title:

Acknowledge July 2025 Sales Tax Report

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
10/01/2025
City Council Hearing Date:
10/06/2025
Staff Contact:
Daniel Ainslie, Finance Director
Location:
Council Chambers
Agenda Item Summary:
The attached charts include a summation of sales tax received for July 2025 sales. The General 2% Sales Tax collected in July 2025 was 3.01% higher than collections in 2024. The General Fund Sales Tax collection trend is 0.9% higher than budgeted. The Tourism Sales Tax collected for July 2025 was 6.18% higher than collections in 2024.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Acknowledge

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