Everyone is Winning and Growing in Sioux Falls, just not our tax revenue

Here we go lots of Winning and Growing in Sioux Falls in 2017, but we still haven’t received an end of year financial report. Yesterday during the council meeting, Financial Director Tracy Turbak said that while he has the numbers he won’t be releasing the report until the end of March, maybe.

But hey, who is concerned if our sales tax revenue is flat when we have all these big wins;

“The City of Sioux Falls accomplished so much on behalf of its citizens in 2017,” says Mayor Mike Huether. “These achievements should not be overlooked but celebrated, even as we move into 2018 and continue to capture more wins for the people we serve.”

I guess we will have to wait and see how he polishes that turd.

And while our sales tax revenue may be running flat, our population is growing;

The population of Sioux Falls now is estimated at 183,200, a growth of 4,700 people over the last year.

Population figures relate to housing units required, and housing units consume land area; therefore, the land area needed (and the infrastructure needed to serve this land area) is directly tied to the population figures within annual estimates and projections.

In other words, some of these numbers may be pulled out of their asses 🙂

But seriously, over the past 2-3 years, the major contributor to population growth in Sioux Falls has been baby making. But with a 3% population increase, you would think sales tax growth would be going along with that, but it is not.

I think our economy in Sioux Falls, especially for the middle and working class has been stagnant for a long time, and it is finally catching up with us, while the wages are not keeping pace.



5 comments ↓

#1 The D@ily Spin on 02.06.18 at 10:23 pm

This was another opportunity for Mikey to gloat. Of course the city is growing. So is crime and lack of housing. Pity for those who come here with the American dream. You’ll never get beyond the kleptographic Gentry and paternalism. Try to get enough savings so you can leave for somewhere else. Somewhere where a dream becomes reality.

#2 "Very Stable Genius" on 02.06.18 at 11:40 pm

Wage Collusion!

#3 The D@ily Spin on 02.07.18 at 9:39 am

How do they get a count? I noticed the body language of the 3 present with Huether. They seem deceptive. Huether will be gone when this years official census reports only 160k.

#4 come on on 02.07.18 at 12:45 pm

If the major contributor to population growth is baby making like you say, why do we need so many new apartment buildings and houses? Where are you getting your info from?

#5 l3wis on 02.07.18 at 1:10 pm

This was 2016 stats, I would assume 2017 didn’t change much in the baby making category.

https://www.southdacola.com/blog/2017/03/why-did-sioux-falls-grow-so-much-last-year-lots-of-babymaking/

As for housing, I think you answered your own question, many couples choose to buy a home when they are expecting for more room.