The return of the Riverboat Days helped facilitate another big-money month for Yankton.
In August, the city was up 9.44% from the same month a year ago.
Overall, Yankton is up 9.35% year over year compared to the same period last year.
As throughout spring and summer 2021, the BBB (bed, board, alcohol tax) saw a huge recovery from 2020, up 26.16% from August last year and 19.59% over the year.
In a media snapshot Friday ahead of next week’s city commission meeting, city manager Amy Leon said city officials appreciate the city’s revenue position.
“When we look at other communities, we are always – as we have been for a long time – sort of in the middle of this growth trend,” she said. “We are no different from other cities that are experiencing strong growth trends, but it has been a great month for us, and we are delighted with it. It makes me a little more confident as fall and winter approach, which we know usually slows down for us. “
Strong August returns include the Riverboat Days, which were not celebrated in 2020 due to the COVID-19 pandemic.
Among the top 10 first-class cities in the state, plus Vermillion, Yankton actually sits on the lower end of the spectrum, despite rising over 9% so far and one of only three cities to do not exceed 10% revenue growth.
The best-performing city is Rapid City, which is up 21.09% year-on-year, while Aberdeen, down -3.06% year-on-year, is the only city in negative territory. It should be noted, however, that Aberdeen in 2021 is competing with an exceptionally strong 2020 revenue which saw it finish up 19.33% from 2019.
The town of Vermillion is up 13.68% on the year.
During Friday’s premiere, Leon also provided a brief update on the four requests the city has received for medical cannabis dispensaries.
“Our cannabis team reviewed these applications and found elements in all of the applications that they wanted to review and discuss with the applicants,” she said. “Our next step is that the team will meet with the candidates to get clarification on things.”
She said the applicants are a mix of local and non-local people and will be released to the public when the review process is more advanced.
“I think the time to let people know exactly who these people are would be when we send them to the state,” she said. “I will speak with Ross (Den Herder, town attorney) about the appropriate time.”
On another note, Leon pointed out that municipal board quorums are possible at several events related to the Hyundai Archery World Championships this weekend. No official city business will be conducted at this time.
On Monday, the city commission is expected to hold a working session to discuss the city’s FEMA flood risk maps. This will be followed by the regular committee meeting, where council is to discuss a professional services agreement for a conceptual plan of Westside Park, the potential for frontage property development along Broadway Avenue adjacent to the cemetery. of Yankton, a plan request and a hangar lease land transfer.
The municipal commission will meet for the working session at 5:30 p.m. at the RTEC, and the regular council meeting will follow at 7:00 p.m.
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