Open in App
  • Local
  • U.S.
  • Election
  • Politics
  • Crime
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • KCAU 9 News

    Sturgis Motorcycle Rally collects $1.3M in tax revenue

    By Marissa Brunkhorst,

    1 day ago

    https://img.particlenews.com/image.php?url=3PeRaC_0vC3FD8400

    STURGIS, S.D. (KELO) — The tax collections from the 2024 Sturgis Motorcycle Rally are estimated to be over $1.3 million.

    A news release from the SD Department of Revenue says including state sales tax, tourism tax, municipal sales tax and municipal gross receipts tax, the estimated total collections were $1,399,501.

    SD Smithfield Foods under investigation after injury

    Revenues from temporary vendors in the Black Hills were down 3% compared to 2023. State sales tax accounted for most of the collections with $790,805. At this time last year, the department had collected $818,784 in state sales tax. The department’s 2024 collections also included $271,322 in state tourism tax and $337,374 in municipal taxes, according to the news release.

    The 2024 rally had 896 temporary vendors, 17 fewer in attendance than in 2023.

    The Sturgis area saw an 8% decrease in tax collections from last year, while the southern Black Hills saw a 12% increase from 2023, according to the news release.

    The Sturgis mayor is asking for a 10% budget cut across all departments and the city is looking for other ways to earn revenue.

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to SiouxlandProud | Sioux City, IA | News, Weather, and Sports.

    Expand All
    Comments / 0
    Add a Comment
    YOU MAY ALSO LIKE
    Most Popular newsMost Popular
    Total Apex Sports & Entertainment23 hours ago

    Comments / 0