NOTE: The City Council has a very busy agenda over 2 days. They will be discussing some very important issues.
City Council Working Session • 2 PM • Tuesday May 25
Council will be discussing Medical Cannabis (I really wish this working session was on a day with not a full agenda and after 5 PM so people could attend and speak out, but they are not real keen on transparency 🙂
Informational Meeting • 4 PM • Tuesday May 25
City April financials
Minnehaha County/City Council joint meeting • 5 PM • Tuesday May 25
Private airport conditional use permit (I am still on the fence about this, but also believe that we seem to have so much wealth in Sioux Falls, the upper crust needs to build themselves their own private airport. I flew commercial last week, it wasn’t so bad).
Lincoln County/City Council joint meeting • 7 PM • Tuesday May 25
Zoning issues, two items
City Council Working Session • 10:30 AM • Wednesday May 26
Discussing appropriations for Covid Supplements (another prime example of a meeting that should be after 5 PM. Wouldn’t regular folks like to weigh in on this, kind of hard on a Wednesday morning when they are all at work. You do realize, this shows just how little they care about our opinion).
April financials could be problematic due to the pandemic. Revenue is sales tax. Less sales tax when all aspects of the economy have been impacted. Cryptocurrency is barter not subject to sales tax. It has been business to business but is catching on for other products. Crypto has been used for stock purchase. The Fed might restrict or eliminate crypto. When it crashes, brokerages will sell stock to cover positions. Like 1929, there’ll be sellers but no buyers. The city should be prepared and perhaps maintain reserve funding.