Fort Pierre saw an increase in tax revenue in 2025 when compared to 2024. Fort Pierre Development Corporation Executive Director Dave Bonde went through the numbers this week during the group’s annual meeting (Jan. 27, 2026). https://media-cdn.socastsrm.com/wordpress/wp-content/blogs.dir/2626/file s/2026/01/012926-bonde1.mp3 General sales tax through December of 2025 generated $2,265,129– which is up 6.46% over 2024. The Triple B– Bed, Board and Booze– tax collected was $187,432 which was up 3.62% over 2024. The $2 per night occupancy tax– or pillow tax– generated $116,534 or 8.06% over 2024. Bonde said the number of single family residential building permits was the same as it was in 2024, but the value per permit in 2025 was quite a bit higher. https://media-cdn.socastsrm.com/wordpress/wp-content/blogs.dir/2626/files/2026/01/012926-bonde2.mp3 2025 = 6 permits issues, valued at $4,331,000 – average $721,833 per permit. 2024 = 6 permits valued at $3,706,500 – average $617,750. Bonde said the new commercial permits numbers are similar, but the values are significantly different between 2024 and 2025. https://media-cdn.socastsrm.com/wordpress/wp-content/blogs.dir/2626/files/2026/01/012926-bonde3.mp3 2025 = 6 permits issued valued at $3,994,450. 2024 = 4 permits issued valued at $295,000. Bonde said high interest rates and material costs affected the number of all building permits issued in 2025, but he thinks it’s especially noticeable in the number of residential remodels. https://media-cdn.socastsrm.com/wordpress/wp-content/blogs.dir/2626/files/2026/01/012926-bonde4.mp3 2025 = 32 permits issued valued at $1,078,450. 2024 = 2 permits issued valued at $359,827. For commercial remodels, Bonde said 2025 had five permits issued valued at $272,238 while in 2024, there were seven permits issued valued at $436,818. Bonde summarized economic development in Fort Pierre in 2025 by saying, “any growth at all in a small community is positive.” ...read more read less