State Tax Collections Continue to Lag

The Appropriations Committee of the South Dakota legislature got an update on state tax collections at their meeting in Aberdeen earlier this week. Jeff Mehlhaff, a fiscal analyst with the Legislative Research Council, says sales taxes continued the downward trend

Mehlhaff says most of the critical tax categories were down

Mehlhaff says they are continually revising their estimates

Most of the lower than expected taxes are due to the soft farm economy, and more online sales.

 

(WNAX)