Please note that data are cataloged by fiscal years -- you can switch to different years using the links below. For more info see our user guide.
South Dakota 2019 Revenue Lost to Tax Abatement Programs
Click on the name of a program for more details.
|Program Name||Program Type||Revenue Loss|
|Reinvestment Payment Program||Job creation; Business attraction/retention||$23,935,395|
|TABULATED STATE-LEVEL TOTAL||$23,935,395|
Tabulated localities and districts
Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.
We estimated the reporting rate among local governments for each state using 2018 and 2019 data. This is to gauge how much data is available in that state.
For South Dakota, the estimated reporting rate is as follows:
Cities/counties: 7 out of 14 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
School districts: 6 out of 136 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
Concerned about the lack of disclosure? Check out the roadmap on GASB 77 compliance we created for SD. You can also get a CSV file of the localities in SD that did not make any tax abatement disclosures in their annual financial reports.
Why is there little or no reporting from school districts?: Unknown.
Local government / school district financial audits are posted here.
|Reporting Jurisdiction||Jurisdiction Type||Gross Revenue Loss|
|Sioux Falls School District 49-5||School district||$122,000|
|Deuel School District 19-4||School district||$0|
|Edgemont School District 23-1||School district||$0|
|Gayville-Volin School District 63-1||School district||$0|
|Rosholt School District 54-4||School district||$0|
|Selby Area School District 62-5||School district||$0|
|TABULATED LOCALITY AND DISTRICT TOTAL||$2,821,688|