2021 Sturgis Motorcycle Rally Generates $ 1.75 Million In Tax Revenue | Local
Shannon Marvel Journal Staff
Tax collections for the 2021 Sturgis Motorcycle Rally are currently $ 1.75 million, according to a press release from the Department of Revenue.
“The sum of income for temporary sellers in the Black Hills is a 34% increase from 2020,” the statement said. “State sales tax accounted for the majority of collections with $ 1,038,561. At the same time last year, the department collected $ 785,251 in state sales tax. 2021 also include $ 334,661 in state tourism tax and $ 422,484 in municipal taxes. “
At that time, in 2019, tax collections totaled $ 1.2 million, of which $ 733,312 came from the collection of sales tax by the state. In 2015, the rally’s tax revenue totaled $ 2.4 million.
The number of temporary sellers this year totaled 1,014, up from 784 last year. The rally attracted 1,006 temporary sellers in 2019 and 1,438 sellers in 2015.
“The northern Black Hills, which includes Sturgis and all other communities in Meade and Lawrence counties, racked up $ 1,341,688 in taxes from the 816 vendors in attendance, a 36% increase from a year ago “, says the press release.
“The southern Black Hills, which includes Rapid City, Custer, Hill City and Keystone, had 198 temporary sellers with a total of $ 454,019 in taxes collected, a 27% growth from 2020.”
Taxes collected at the 2021 Sturgis Motorcycle Rally included state sales, tourism, municipal sales and municipal gross receipts.