Lead reports just over one million in 2019 sales tax revenue

Last Updated 5 years ago

LEAD, S.D. – The city of Lead’s sales tax numbers for 2019 hit the one-million dollar mark for the first time in years.

The city reported $1,018,083 in sales tax revenue last year. That is up over $227,000 from the 2018 report.

City Administrator MikeStrahl said the main reason for the higher numbers this past year was construction at the Sanford Underground Research Facility and bed and booze taxes.

Lead budgeted sales tax revenue at 2020 at $750,000 – up $20,000 from 2019.

People are also reading...

BBB South Dakota says watch for holiday scams

November 21, 2024
Business

MITCHELL, S.D. – The annual race for the best bargains in holiday shopping is underway as American consumers are expected to spend billions of dollars. On-line deals are everywhere as […]

file photo

Target struggles in the third quarter and tempered expectations for the holidays

November 20, 2024
Business

NEW YORK (AP) — Target etched out a slim sales increase in the third quarter but profits slumped as inflation-weary customers pulled back on spending. Costs related to a dockworker […]