Gary Sales Tax Revenue2008 – 2009 Comparison

Figures sourced from:South Dakota Department of Revenue and Regulation

Analysis Provided by Deuel Area Development

Photo by Joyce Meyer

Gary Sales Tax Revenue2009 (Jan – Dec)

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec $-

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

20082009

*Source: South Dakota Municipal Tax Reports for months outlined above. These numbers are estimates and do not include: Contractors Excise Tax, Audit Payments, Miscellaneous Payments, Deduction for Administrative Fee, and Deduction for Food Tax Refund.

Gary Sales Tax Revenue2008 & 2009 Monthly Comparison

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec

12.2%17.7%

-24.3%

4.5%-4.3%

67.0%

-3.0%

40.9%

63.4%

-28.5%

-44.7%

-9.6%

% Monthly Change from 2008 - 2009

*Source: South Dakota Municipal Tax Reports for months outlined above. These numbers are estimates and do not include: Contractors Excise Tax, Audit Payments, Miscellaneous Payments, Deduction for Administrative Fee, and Deduction for Food Tax Refund.

Gary Sales Tax RevenueHistorical Comparison

2006 2007 2008 2009 $-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$31,153

$36,458

$43,880

$53,907

Sales Tax Revenue*Source: South Dakota Department of Revenue & Regulation Annual Report for years outlined above. Totals include sales, use and contractors’ excise tax revenue.

Gary Sales Tax RevenueYearly Net Change

2006 2007 2008 20090.00%

5.00%

10.00%

15.00%

20.00%

25.00%

% Yearly Increase in Sales Tax Revenue*Source: South Dakota Department of Revenue & Regulation Annual Report for years outlined above. Totals include sales, use and contractors’ excise tax revenue.