SD Gubernatorial Candidate Forum
South Dakota held it's first 2018 gubernatorial candidates forum this past week during the SD Tourism Conference.

U.S. Rep. Kristi Noem, State Attorney General Marty Jackley, and State Senate Democratic leader Billie Sutton took turns answering an hour of questions and discussing their viewpoints on a variety of topics.

Tourism Industry Members Honored by Gov. Daugaard
At the 2018 Governor's Conference on Tourism held Thursday, January 18th, Gov. Dennis Daugaard and the South Dakota Department of Tourism presented awards to tourism industry members.

  • Yankton School District Selected – Career Launch Program
  • YHS Wins 4th Consecutive State Junior Achievement Titan Competition
  • Jr Kindergarten Registration
  • Kindergarten Registration
  • Tuition-Free Preschool
  • Legislative Coffees
  • Superintendent Presentations
  • [Read Full Article Here]
Facade Grant Applications Now Available
Have a downtown building that could use a facelift? Applications are now being accepted for 2018 grant funds to spruce up facades in Yankton’s Meridian District. Multiple grants can be awarded each year for a total of $15,000 being available for 2018.

The grants are a 50% private funds matching program, and preference will be given to projects that involve historic restorations, although new non-historic facade improvements are eligible as well. [Read More Here]
Stay tuned for a recap on Yankton Day in Pierre after January 30th!
Port Yankton Being Proposed in Pierre
(From Yankton Daily P&D)

When it comes to a gaming license, the Port Yankton committee hopes to hit the jackpot with the Legislature.

Port Yankton, a proposed entertainment complex, would include a casino along with a hotel, restaurant and convention center. The project would utilize the Gurney property in downtown Yankton, near the Missouri River.
However, Port Yankton must secure a South Dakota constitutional amendment to include a casino. Currently, the state allows such gaming only at Deadwood and tribal casinos.

For Port Yankton to gets its license, the South Dakota Legislature must approve a constitutional amendment and put it on the 2018 ballot. Then, the measure must win a simple majority of the state’s voters.

2018 South Dakota Legislative Session
SD Chamber of Commerce & Industry
SPECIAL REPORT: SB 58 – Revise certain provisions regarding tax increment financing districts.
Housing as part of Tax Increment Financing
Do you know your State and DC delegates?
If at any time during the legislative session you’d like to contact your legislators, their contact information is as follows:

District 18 Legislators:
A. Rep. Jean Hunhoff - Jean.Hunhoff@sdlegislature.gov - 605-773-3851 
B. Rep. Mike Stevens - Mike.Stevens@sdlegislature.gov - 605-773-3851 
C. Sen. Craig Kennedy - Craig.Kennedy@sdlegislature.gov - 605-773-3821 

South Dakota US Legislators:
D. Sen. John Thune - 866-850-3855
E. Sen. Mike Rounds - 202-224-5842
F. Rep. Kristi Noem - 202-225-2801
Pathways Shelter for the Homeless has taken over the Cabin Fever Games event. Funds raised will help break the cycle of homelessness in the Yankton area.

RECENT:
January 17, 2018
Jimmy John's
New Business Ribbon Cutting
UPCOMING:
January 25, 2018
Cornerstones Career Learning Center
New Business Ribbon Cutting
10:30 am
3113 Spruce, Suite 124
B usiness Growth Retreat
January 23
8:00 am - 12:00 pm
NFAA Easton Yankton
Archery Complex

Downtown Blizzard Walk
January 26-27
Meridian District

LINC 90's House Party
January 27
8:00 - 11:00 pm
Yankton VFW

Cabin Fever Games
February 24
9:00 am
NFAA Easton Yankton
Archery Complex

March 27, 2018 - Annual Chamber Social and Awards Event
More details coming soon!
Our next 2018 Cracker Barrel Legislative Coffee event takes place
Saturday, February 3rd. Make plans to attend and get updates from our representatives in Pierre!

Click here to view photos from this past Saturday's Cracker Barrel.
Let’s face it, state and federal laws, city ordinances and county regulations don’t always make it easy to do business, but voicing your concerns as an individual may do very little to sway government decisions. As a member of the chamber, you are part of a larger, stronger network.

We are committed to ensuring that our community is business-friendly. 

Your Yankton Chamber provides a structure for you to come together with other business owners and professionals to voice your concerns and feedback on issues that matter to your business. 

It’s your membership…own it!
Processing Chamber Dollars
The Chamber has received several calls concerning businesses that refuse to give change back from Chamber Dollar purchases. Please be sure to review the “How To” process so we can give consumers the best possible service and keep people shopping locally.

  • Chamber Dollars are actual checks.
  • Standard Denominations are $5, $10, $20.  
  • Chamber Dollars can only be spent on goods and services in Yankton businesses. (Attention Banks—Chamber Dollars may not be deposited in checking or savings accounts, nor can they be cashed.)
  • If purchase is less than the dollar amount businesses must give change back to customer. Businesses require at least 75% of the value of the Chamber Dollar to be spent on purchase.
  • Each Chamber Dollar has a 90 day expiration date for redeeming. 
  • Businesses will process Chamber Dollars as they would normal checks.
If you have any questions, please contact the Chamber at  (605) 665-3636.
World Archery - February 12 - 20, 2018
Supporting Others
Veterans Holiday Relief Drive Benefiting Homeless and At-Risk Veterans and Military Families, now until January 31, 2018, drop off location - Yankton Elks Lodge #994, 504 W. 27th St.

The Yankton Convention and Visitors Bureau will host a public stakeholder meeting on February 22 at 5:30 pm in the City Commission Room at the RTEC Building (Room 114).
 
This meeting will showcase the results of the 2017 Peak Season Co-op Campaign, the plans and goals of the 2018 Peak Season Co-op Campaign as well as the annual report from the Yankton Convention and Visitors Bureau.
 
Experts from the Department of Tourism as well as Lawrence and Schiller will be presenting along with Yankton CVB Director, Kasi Haberman.
 
All are welcome to attend.
 
Question:
"Which accounting method should I use - accrual or cash basis?"

Limestone's Answer:
Before you can even start recording the simplest transaction, one of the first decisions you need to make is which accounting method you should be using for your business.

Cash basis accounting means you record revenues when cash actually changes hands. It is a simple approach using a single entry system that doesn’t need complex bookkeeping practices, but this is only ideal where transactions are on a strictly cash basis.

Accrual accounting on the other hand records transaction based on when money is supposed to change hands. It’s a more complex method that requires some time to learn but accurately keeps track of all transactions and how it affects your company’s assets, liabilities and income.


For more business training videos, log into the Members Only Business Education Video Library below.
Inspiring Entrepreneurs
- Susan Nethero

Susan Nethero tells her exciting story of her journey from the Corporate World to the World of the Retail Entreprenuer to the World of Philanthropy. 
Click on the video above, and log in to view the video. If you need help remembering your login credentials, give the Chamber a call!

Also, if you are not receiving the weekly helpful hints, please call the Chamber at 665-3636 so we can add your name to the "Opt-in" list.

January 8th Meeting Highlights:
  • Commission recognizes YHS student's request for updated equipment at the SAC
  • Transfer station tipping fees approved
  • Bid award for golf carts rejected
The Yankton City Commission meetings are held the second and fourth Monday of every month at 7 pm in the RTEC City of Yankton Community Room, 1200 W. 21st Street.
The Yankton County Commissioners meet the first and third Tuesday of the every month at 4 pm in the Commission's Meeting Room of Government Center.
2018 Chamber Board
President -  Becky Souchek;  Vice President -  Barb Rezac;
Secretary/Treasurer - James Grotenhuis; Past President - Bridget Benson;
Board Members -  Chuck Aman - Ashli Danilko - Kami Guthmiller - Lacey Johnson
Brett Kennedy - Jason Larsen - Cynthia Miller - Stephanie Moser - Mark Wenzlaff - Todd Woods