Experience Sioux Falls BID Budget

At a glance

• What: Resolution 95-26 approving the 2027 budget of the Experience Sioux Falls Business Improvement District (formerly the Convention and Visitors Bureau district).
• Where it stands: Adopted September 1, 2026, 7-0.
• Funding basis: An occupational tax of $2.00 per night per rented lodging room within the district, used to market and promote the visitor industry.

Details

The district's board of directors develops an annual budget that needs City Council approval. Resolution 95-26 approves the budget for January 1 through December 31, 2027. The resolution recites Resolution 86-10 (intent to establish the district) and Ordinance 72-22 (retitling it Experience Sioux Falls), and cites Chapter 9-55 of the South Dakota Codified Laws. The budget figures are not in the minutes text.

Moved by Pankonin, seconded by Oppenheimer; roll call 7-0.

Sources

• Minutes, September 1, 2026: https://amv.siouxfalls.gov/OnBaseAgendaOnline/Documents/ViewAgenda?meetingId=4332&type=Minutes&doctype=2 (informational meeting) and https://amv.siouxfalls.gov/OnBaseAgendaOnline/Documents/ViewAgenda?meetingId=4322&type=Minutes&doctype=2 (council meeting)

Log

2026-09-01 - City Council

Resolution 95-26 adopted 7-0 (Item 38).

2026-09-01 - City Council Informational Meeting

Shawn Pritchett introduced and Teri Schmidt, CEO of Experience Sioux Falls, presented the district budget (about 15 minutes plus discussion; presentation attached to the agenda) and answered Council questions, earlier the same day.