Don Frankenfeld, local economist, commented on sales tax data to fund the Civic Center Expansion. According to the Rapid City Journal, one third of sales tax revenue comes either from people who live outside our area or trade here. With that in mind, Frenkenfeld sees a bigger civic center as an economic benefit. In return for the $180 million investment, sales revenue would contribute an additional $1 million in in city sales tax revenue.
Check out our archive site for past news articles on the Civic Center Expansion project.
For more information on the expansion project itself, review the Knowledge Network resource page.