(Photo courtesy of Downtown Sioux Falls)

A tax break that has benefited fewer than two dozen downtown Sioux Falls property owners since the late 1980s is going away.

The Sioux Falls City Council on Wednesday gave final approval to changes to the downtown Business Improvement District that will eliminate existing assessment exemptions for industrial properties and reduced assessments for certain multifamily properties used exclusively for residential living.

logo

Subscribe to The Dakota Scout to read the rest of the story.

Become a paying subscriber of The Dakota Scout to get access to this post and other subscriber-only content.

Subscribe

A subscription gets you:

  • Daily news in your inbox
  • Viewpoints, concert reviews, obituaries
  • Weekly digital copy of print version

Reply

Avatar

or to participate

Keep Reading