Pierre City Commission Reviews Annual Financial Report

Pierre City Commission Reviews Annual Financial Report

PIERRE — Nearly half of the Pierre City Commission meeting Tuesday centered on a thorough review of the city’s annual financial report. Finance Officer Twila Hight says the budget came in under estimates…

The city budgeted a little over four-million dollars in sales tax revenue which ended higher…

Hight says the city’s conservative budgeting is paying off with a cushion in case the economy slows…

Hight told Commissioners that for the first time since she’s been with the city Pierre Regional Airport is showing a positive cash balance. Three million dollars in Covid-19 grants covered much of the operating costs for Pierre Regional Airport.