Rhoden: Without will to cut, new revenues necessary for true property tax relief

County sales tax with property tax relief trigger floated

New revenue streams for South Dakota governments that lean almost entirely on property taxes to pay their bills will be a key initiative coming out of the governor’s office this spring.

Gov. Larry Rhoden is expected to make a recommendation to a task force convened by the state Legislature charged with coming up with further property tax relief initiatives in the coming days. And though the still-new governor isn’t yet sharing the details, he’s said it’s likely to entail creating a new source of funding for cash-strapped governments blamed for the recent escalation on homeowners’ tax bills. Chief among them — counties.

American Foods Group shutters Cimpl Meats in Yankton, citing revenue declines