STURGIS, S.D. – The Sturgis City Council on Tuesday night got the November 2023 sales tax report from the city’s Finance Officer.
Sales in the month of November 2023 were 1.04% higher than November of 2022. Sales for the first 11 months of 2023 were 4.873% higher than the same time period in 2023.
But the city had budgeted a higher increase for sales tax in 2023 than what has been recorded, so the total sales tax from January through November provides a deficit in the city’s general fund of $26,520.07 in 2023.
The city’s tourism tax, or Triple B (Bed, Board and Booze), sales in November were 16.42% lower than November of 2022. Sales for the first 11 months of 2023 were 12.10% higher than the same time period in 2022. Because of that, the current trend would provide a surplus in the city’s BBB (Tourism) Fund of $53,679 in 2023. Tourism BBB Sales Tax is charged for all alcohol, hotel, restaurant, and similar sales.
