Still waiting for City of Sioux Falls year end financial report

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City officials are saying the report won’t be ready for another month or longer. It will be interesting to see how and when the report is released, especially with an upcoming city election. Those numbers will be very important to the council and mayoral candidates campaign platforms.

I do know that the administration is planning to do some bond re-financing next month. I think they are planning to tell the public about how much debt has been paid off over the past 8 years and tax collection being down doesn’t matter.

One of the main reasons why so much debt has been paid off is because the water/sewer enterprise funds have been swimming in money because of the multiple rate increases.

We will see how Huether and Turbak spin this.

Posted in: Elections, SF City Council, Sioux Falls

3 Thoughts on “Still waiting for City of Sioux Falls year end financial report”

  1. Warren Phear on January 28, 2018 at 8:38 am said:

    Ah. Water and sewer rates. What a great trip down memory lane this blog can be.

    http://www.southdacola.com/blog/?s=Water+rates

  2. The D@ily Spin on January 28, 2018 at 1:04 pm said:

    Obviously, Huether wants to push this closer to the end of his term. Likely, it’s bad news. Were it good, it’d already have been submitted. I suggest the next mayor do an independent audit. Turbak is known for his creativity.

  3. come on on January 28, 2018 at 7:49 pm said:

    Maybe their new financial software that was supposed to make everything easier is acting up again. Lol.

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