-----------~ EF-FECTIVE APRIL 1, 2015 1. Motor vehicle excise tax - PDF document

11 - DOR presentation to 2015 GOAC Wednesday, January 20, 2016 9:11 AM South Dakota Department of Revenue Andy Gerlach Secretary

-----------~ EF-FECTIVE APRIL 1, 2015 1. Motor vehicle excise tax increased from 3% to 4% 2. Fees for noncommercial passenger vehicles increased by 20% 3. Wheel tax increased to a maximum of $5 per vehicle wheel not to exceed a total of $60 per vehicle 4. Motor Fuel excise tax increased by $.06 • $.22 per gal to $.28 per gal for gasoline and clear diesel fuel • $.08 per gal to $.14 per gal for ethyl alcohol and methyl alcohol 5. Fees for noncommercial vehicles over 20,000 lbs. increased from 60% to 70% of commercial rates on July 1, 2015

~tfi:: Department TE) __ of .0:-S: 41.. • Increased from 3% to 4% on April 1, 2015 • Collected at the time of title application by the County Treasurer's Office • Based on the purchase price of the vehicle • Revenue is dedicated to the State Highway Fund • Calculations in the months since April 1 resulted in $7,929,236 more

$10,000,000 $9,352,307 I $8,000,000 f . -;;-- ..... ::::.6i,:::6~27:,:; ,3::,;:l~0- $6,908,838 $6,418,206 $6,000,000 $5,069,250 $4,000,000 -1--- $2,000,000 - 2014 2015 $0 -,- March May April June July August

• Fees for noncommercial passenger vehicles increased by 20% on April 1, 2015 • Fees for noncommercial gross weight vehicles over 20,000 increased from 60% to 70% of commercial rates on July 1, 2015 • Fees based on the type and weight of the vehicle • Fees are dedicated to fund maintenance of county, township and municipal roads and bridges

$7, 000 , 000 $5,97 8,4 27 $6 , 000 , 000 $5, 139,642 $5, 000 , 000 $5,106,361 $4,338,013 $4 , 000 ,000 $3, 000 , 000 $2,000,000 ...- 2014 2015 $1 , 000 , 000 --L-- --- -- ------ $0 T March May April June July August

• Increased from $4 to $5 per vehicle wheel • Maximum wheel tax allowed increased from $16 to $60 per vehicle • An elective option only imposed by county ordinance/resolution • 53 counties currently charge a wheel tax • 13 counties with no wheel tax fee • Several counties currently discussing changes • Revenues used for the maintenance of the county roads and bridges

Wheel Tax Changes Counties with No Wheel Tax as of 9/18/2015 County Effective Date Walworth 06/01/2015 Pennington Faulk 06/01/2015 Lawrence Edmunds 07/01/2015 Meade 07/01/2015 Buffalo Sully 07/01/2015 Campbell Todd 07/01/2015 Clay 08/01/2015 Dewey Day 09/01/2015 Hand Hanson 07/01/2015 Charles Mix 11/01/2015 Harding Davison 01/01/2016 Hyde Turner 01/01/2016 J 01/01/2016 Aurora Jackson Corson 01/01/2016 Jones Fall River 01/01/2016 Clark 01/01/2016 McPherson Spink 01/01/2016 Oglala Lakota Roberts 01/01/2016 Hutchinson 01/01/2016 Potter

• SB1 impacted the following fuel types increasing by $0.06 per gallon • Gasoline - increase from $0.22 to $0. 28 • Diesel (clear) - increase from $0.22 to $0.28 • Ethyl & Methyl Alcohol - increase from $0.08 to $0.14 • Revenue is dedicated to the State Highway Fund • Calculations in the months since April 1 resulted in $11,915,855 more

$16,966,753 $16,000,000 +------------------- $14,000,000 $12,000,000 $10,087,048 $9,984,692 $10,000,000 $9,436 ,50 1 $9,272,886 $8 ,000, 000 $6,000,000 $4,000,000 ~ 2014 $2,000,000 2015 $0 March May June April July August

Questions? 12