All Entries in the "Economy" Category
Colorado owes residents $67M in tax refunds
The state owes Colorado residents $67 million in tax refunds that should have been paid out years earlier, a costly mistake lawmakers are now working to fix, having discovered the problem after the governor has already signed the next fiscal year’s spending plan. Lawmakers said they only learned about the problem a few days ago and […]
Colorado Employment Situation – March 2024
5,300 Nonfarm Payroll Jobs Added in March; Unemployment Rate Rises to 3.7 Percent Household survey data According to the survey of households, Colorado’s seasonally adjusted unemployment rate increased two-tenths of a percentage point in March to 3.7 percent compared to the February rate of 3.5 percent. The number of unemployed individuals grew by 3,700 over the same time period […]
March 2024 Sales and Use Tax Report for City of Lamar
City Sales Tax for February of 2024 and collected in March showed a 15.73% increase from 2023, amounting to a difference of $50,939.58. 2024 saw a total of $374,779.14 when compared to 2023’s $323,839.56 for the same time period. Use Tax collected in March was down 41.63% or -$18,082.93. The city collected $25,357.77 this year […]
State reminds Coloradans of income tax filing deadline
LAKEWOOD, Tuesday, April 2, 2024 — As the income-tax-filing season nears its end, the Colorado Department of Revenue, Taxation Division reminds taxpayers that they need to file by April 15. Taxpayers who miss the deadline will receive an automatic, six-month extension, to Oct. 15 to file a return. However, there is no extension to […]
Colorado Employment Situation – February 2024
8,500 Nonfarm Payroll Jobs Added in February; Unemployment Rate Rises to 3.5 Percent Household survey data According to the survey of households, Colorado’s seasonally adjusted unemployment rate increased one-tenth of a percentage point in February to 3.5 percent compared to the January rate of 3.4 percent. The number of unemployed individuals grew by 4,200 over […]
Prowers Economic Prosperity Annual Banquet – March 21, 2024
The Holly Pride Center was the setting for the 2024 Prowers Economic Prosperity (PEP) annual banquet. 89 people attended and were treated to a delicious barbeque meal provided by Gary’s Backyard BBQ. Outgoing PEP President Anne-Marie Crampton welcomed the attendees, first by mentioning Ag Week and thanking all the area farmers for all that they […]
What to Know About Denver’s Migrant Crisis
Almost 40,000 migrants have come to Denver in the past 15 months, a number that’s become hard to comprehend. “To put that in context, that’s Coors Field on a Saturday night in July when the Dodgers are in town,” said Jon Ewing, spokesman for Denver Human Services, during this week’s Colorado Sun virtual event on […]
Colorado Taxation Division releases tips to help taxpayers prevent fraud
Prevent fraud this tax filing season with advice from the Colorado Department of Revenue (CDOR), Taxation Division. The Division offers the following tips to help ease taxpayers’ minds as they prepare to file state income tax returns. The top security tips are: · Carefully choose a tax preparer. · Be prepared for paper checks. Colorado […]
FOR IMMEDIATE RELEASE CROSSROADS HORIZON SEEKS COMMUNITY PERSPECTIVES (Lamar, Colorado, February 22, 2024) The City of Lamar will continue its work on its new ten-year comprehensive plan, Crossroads HORIZON with multiple workshops, focus groups, meetings, and other opportunities to give feedback on March 5 – 7, 2024 for City and area residents to learn more […]
CSU Extension Specialists/SE Area to Host Estate Planning Workshops
SOUTHEAST AREA EXTENSION Contact: Brooke Matthew or Tearle Lessenden CSU Extension Specialists/Southeast Area Phone: 719-254-7608 (Brooke) Phone: 719-438-5321(Tearle) Email: Brooke.Matthew@colostate.edu Email: Tearle.Lessenden@colostate.edu FOR IMMEDIATE RELEASE: Colorado State University Extension to Host Estate Planning Workshops Sensitive issues, such as money, death, and family relations are difficult issues not only to bring up but also to […]
State Announces it is Processing 2023 Income Tax Returns
LAKEWOOD, Monday, Feb. 12, 2024 — Taxpayers can now file income tax returns for 2023 and the Colorado Department of Revenue, Taxation Division has a few tips to make the process easier and help Coloradans receive their returns as quickly as possible. How to file · Online – The Taxation Division encourages Taxpayers to file electronically, […]
January 2024 Sales and Use Tax Report for City of Lamar Shows Gains Over Last Year
Sales Tax Revenue for the City of Lamar in December of 2023, collected in January of 2024, showed an increase of 6.06%. Revenue gain was $31,236.07 with 2024 collections of $546,952.24, compared to $515,716.17 in 2023. Use Tax collections were down 8.29% in January, from a high in 2023 of $41,025.71 to $37,626.33 in […]
City Council Delays Decision on Liquor License for the LaMar, Inc./dba The LaMar
Lamar’s City Council met for a regularly-scheduled meeting on February 12, 2024. All current Council members were present (a replacement for Councilman Mike Bellomy has not been finalized.) After the meeting was called to order by Mayor Kirk Crespin, Council heard reports from the City Treasurer, City Clerk and City Administrator. Treasurer Kristin Schwartz told […]
Lamar Council Starts 2024 with Full Agenda, Bellomy Stepping Down
The Lamar City Council got 2024 off to a start with a carry-over agenda for the January 8th session which was cancelled due to the blizzard that swept across southeast Colorado in the early days of this month. The council continued the majority of that agenda to its January 22nd meeting as well as […]
City of Lamar Retail Sales Growth Holds Steady through 2023
Retail sales tax collections for the City of Lamar showed signs of steady growth through the year with City Sales Taxes collected up 6.11% for a gain over last year of $21,536. Collections for November 2022 were $352,667 compared to this year at $374,204. Total Sales and Use Tax collections finished the month with […]
