This year the city of Sioux Falls is claiming we broke a building permit record again. Like last year (with the Denny Dome) there are several public projects on the docket. This year there is over $60 million in local tax dollars being spent on these projects. And while they will not put in one single penny to property taxes they somehow are included on the permit valuations. While technically they should be included in the raw numbers, I think it is deceptive to include them in the record since they are not commercial projects that bring in revenue. If anything, all of these public projects will cost taxpayers millions in subsidies, hardly something to brag about.

permits

One Thought on “Should ‘Public Projects’ be included in building permit record?

  1. The D@ily Spin on November 7, 2015 at 11:28 pm said:

    It’s a pyramid scheme. The city is growing from public projects that are (actually) more debt. Eventually, the mayor can’t hide he’s robbing from Peter to pay Paul.

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