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RSSAll Entries in the "Economy" Category

City Pays off Water Bond

City Pays off Water Bond

    Kristin McCrea, City Treasurer explained to the council, the city’s Series 2009 Water Activity Revenue Refunding Bonds were paid in full on June 17, 2019 and the balance is now down to $0.00 and there are no further obligations for the District to pay interest and principal on the bonds. The Water Bond […]

Lamar Redevelopment Authority Helps Fund Development of Former K-Mart

Lamar Redevelopment Authority Helps Fund Development of Former K-Mart

    Angie Cue, Lamar’s Community Development Director, outlined a funding proposal submitted by Lamar Main Street LLC, aka Gateway Safety Products, which has been manufacturing road flares in Lamar for the past several years. The company plans to expand its operation from its initial manufacturing site, the former Greenstreet Distributing Company on West Poplar […]

Colorado Commissioner of Agriculture Takes Southeast State Tour

Colorado Commissioner of Agriculture Takes Southeast State Tour

    Lamar Community College was the last stop of the evening for Kate Greenberg, Colorado Commissioner of Agriculture, this past Thursday, June 20th.  Greenberg, who has been Commissioner since the start of the year, held a meet and greet with area ag producers, ranchers and the public in general at the college’s library, capping […]

New Program Supports Agricultural Intern Opportunities

New Program Supports Agricultural Intern Opportunities

    BROOMFIELD, Colo. – The Colorado Department of Agriculture (CDA) introduces the new Agricultural Workforce Development Program, which provides incentives to agricultural businesses, including farms and ranches, to hire interns. Qualified businesses may be reimbursed up to 50% of the actual cost of hiring an intern, not to exceed $5,000 per internship. “Investing in […]

OEDIT Launches Colorado Mutual Prosperity Program to Expand Workforce Dispersion

OEDIT Launches Colorado Mutual Prosperity Program to Expand Workforce Dispersion

Participating Rural Counties Eligible for Program Awareness Grants   DENVER – Colorado’s Office of Economic Development and International Trade (OEDIT) unveiled a new economic development initiative aimed at encouraging economic prosperity throughout rural Colorado. Colorado’s Mutual Prosperity (COMP) Program incents new jobs that can be performed from eligible rural areas of the state. The program […]

Colorado Employment Situation in May 2019

Colorado Employment Situation in May 2019

    Employers in Colorado added 2,200 nonfarm payroll jobs from April to May for a total of 2,766,500 jobs, according to the survey of business establishments. Private sector payroll jobs increased 900 and government increased 1,300. April estimates were revised down to 2,764,300, and the over the month change from March to April was […]

June forecast shows continued growth for Colorado economy

June forecast shows continued growth for Colorado economy

    DENVER — The Office of State Planning and Budgeting (OSPB) released the June forecast showing stronger than expected revenue growth. Strong wage growth is driving continued consumer spending, sustaining our economic expansion. However, trade conflicts pose a risk to Colorado’s economy, as recently proposed escalations could result in higher prices for domestic consumers and […]

Baca County Receives Grant for Fairgrounds Upgrades

Baca County Receives Grant for Fairgrounds Upgrades

  June 12, 2019   The Honorable Glen Ausmus, Chair Baca County 741 Main Street Suite 1 Springfield, CO 81073 RE: EIAF 8917 – Baca County Fairgrounds Improvements Dear Chair Ausmus: The Department of Local Affairs is in receipt of your application for state Energy and Mineral Impact Assistance funds. These revenues are derived from […]

April City Sales Tax Shows a Gain

April City Sales Tax Shows a Gain

    City sales tax revenue for the City of Lamar posted a two-fold gain for April, 2019.  General sales tax collections were up 2.19% for a gain of $5,512 and Total Sales and Use Tax collections were up 6.71% for a gain of $18,511 over the previous year.  April collections for 2019 were at […]

LCC Hosting Colorado Ag Commissioner, June 20th in Meet and Greet

LCC Hosting Colorado Ag Commissioner, June 20th in Meet and Greet

  Colorado Commissioner of Agriculture Kate Greenberg will visit Lamar and Lamar Community College, Thursday, June 20th for an evening meet-and-greet as one leg on several tours Commissioner Greenberg has made across Colorado.  Intended stops include Colorado’s High Plains, San Luis Valley and Western Slope where she is meeting with local ranchers and farmers to […]

PEP Introduces Lamar Native as New Economic Development Lead

PEP Introduces Lamar Native as New Economic Development Lead

LAMAR, CO – Significant upward momentum is what Prowers Economic Prosperity (PEP) is planning for as the organization finalized the hiring of an economic development consultant on Monday, June 10. Following a recommendation from the hiring committee, the Board of Directors approved the contract for Lamar native Tara Smith-Hosick. Hosick is expected to serve as […]

Year-Round E15, A Renewable Energy Win for Colorado

Year-Round E15, A Renewable Energy Win for Colorado

        May 31, 2019 – Presidents of Colorado Corn Growers Association (CCGA), Colorado Administrative Committee (CCAC) and Vice President of Front Range Ethanol issued statements regarding the final rule by the U.S. Environmental Protection Agency’s (EPA) allowing retailers to sell gasoline containing 15% ethanol (E15) year-round. This rule is a win for […]

Expanded Rail Service in Colorado Being Explored

Expanded Rail Service in Colorado Being Explored

        Southwest Chief, Front Range Passenger Rail Commission and CDOT Announce RFP to study Front Range Passenger Rail & Pueblo    DENVER — The Southwest Chief & Front Range Passenger Rail Commission (Passenger Rail Commission) and the Colorado Department of Transportation are requesting proposals to study the feasibility of a passenger rail […]

State Agencies Team up to Cultivate Rural Prosperity Throughout State

State Agencies Team up to Cultivate Rural Prosperity Throughout State

  DENVER – The Colorado Office of Economic Development and International Trade (OEDIT), the Colorado Department of Local Affairs (DOLA) and the Colorado Department of Labor and Employment (CDLE) and the Colorado Department of Agriculture (CDA) are teaming up to take their rural prosperity tools and resources directly to Colorado communities. The state Rural Prosperity […]

LIVESTOCK SLAUGHTER – APRIL 2019 --/-- UNITED STATES HIGHLIGHTS

LIVESTOCK SLAUGHTER – APRIL 2019 –/– UNITED STATES HIGHLIGHTS

Commercial red meat production for the United States totaled 4.55 billion pounds in April, up 6 percent from the 4.28 billion pounds produced in April 2018. Beef production, at 2.26 billion pounds, was 7 percent above the previous year. Cattle slaughter totaled 2.83 million head, up 7 percent from April 2018. The average live weight […]