Vendor sales tax revenue up for 2003 Sturgis Rally Spending at the 2003 Black Hills Rally was at its highest level since 2000, bringing in just below $1 million in tax revenues this year for state and local coffers, according to the S.D. Department of Revenue and Regulation.
The rally's official last day of business was Monday, Aug. 11, although sales tax will continue to be collected for the next few months. According to the latest figures available from the Department of Revenue and Regulation, sales and tourism tax revenues from temporary vendors for this year's event were $999,166.45 in the Northern Hills (Sturgis, Meade and Lawrence counties), up $41,183.59 from last year's rally total of $957,982.86. The 2003 figures mark the highest revenues at the rally since 2000, when $1,019,843.03 was collected.
Of the $999,166.45 collected so far this year, $577,409.31 was state sales tax, $278,341.30 was municipal sales tax, and $143,415.84 was state tourism tax revenue. Official reports show more vendors worked the rally this year: 1,094 vendors displayed and sold products at the 2003 rally as compared to 1,015 in 2002 and 1,127 in 2001. Gross vendor sales in the Northern Hills area for the 2003 rally totaled in $14,435,232.63, up $688,618 from last year's gross sales of $13,746,614.63.
While rally vendor tax revenues increased 4 percent in the Northern Hills this year, the Southern Hills (including Rapid City, Custer, Hill City, Keystone and Pennington County) posted a gain of 17 percent, with vendor sales tax revenues totaling $74,439.08 in that area. Of that amount, $42,525.35 was state sales tax, $21,336.50 was municipal sales tax, and $10,577.23 was state tourism tax.
Gross vendor sales from the 2003 Black Hills Rally totaled $1,063,133.67 in the Southern Hills.
, up $156,071.40 from 2002 gross sales of $907,062.27. The number of vendors in the Southern Hills was up slightly in 2003, with 134 vendors compared to 129 last year.
Tax rates for the rally vary depending on the type of merchandise sold and the location of the concessions.