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  • KELOLAND

    SD State Fair: Increase in revenue over last year

    By Michael Doorn,

    2 hours ago

    https://img.particlenews.com/image.php?url=2XeUPD_0w1jXlu600

    SIOUX FALLS, S.D. (KELO) — The 2024 South Dakota State Fair is reporting an increase in tax collections from the previous year.

    The 2024 state fair generated $266,352.21 in tax collections, up 20% from the 2023 revenues of $222,108.58.

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    During the 2024 State Fair, there were 602 booths rented to 301 different vendors, down 6.5% from the 2023 event vendor numbers of 322. Fairgoers spent money on goods, services, and concessions during the six-day event – totaling over $3.2 million in revenue.

    South Dakota has seen consistent revenue from the State Fair over the last several years. Thousands of South Dakotans got out to enjoy the state fair and all the fun family attractions that came with it.

    Of the tax collected during the South Dakota State Fair, $136,745.50 was state sales tax, $63,106.02 was Huron’s municipal sales tax, $19,256.35 was Huron’s municipal gross receipts tax, and $47,244.34 was state tourism tax.

    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 This material may not be published, broadcast, rewritten, or redistributed.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 KELOLAND.com.

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