All Entries in the "Economy" Category
Redevelopment Authority Okays Payment, Council Approves Brownsfield Study Grant
The Lamar City Council, acting as the Lamar Redevelopment Authority, approved 50% of the Prowers County portion of real property taxes assessed on the Lamar Holiday Inn Express during their meeting, Monday, October 22nd. Historically, the City of Lamar adopted Resolution LRA 11-09-01 on September 12, 2011 which stated that the URA, Urban […]
CATTLE ON FEED
COLORADO The number of cattle and calves on feed for the slaughter market in Colorado feedlots with a capacity of 1,000 head or larger was estimated at 980,000 head as of October 1, 2018. The latest inventory was 9 percent above last month and 4 percent above the October 1, 2017 inventory. […]
Colorado Employment Situation in September 2018
Employers in Colorado added 5,100 nonfarm payroll jobs from August to September for a total of 2,748,100 jobs, according to the survey of business establishments. Private sector payroll jobs increased 4,400 and government increased 700. August estimates were revised up to 2,743,000, and the over the month increase from July to August was 4,000 […]
Two Shot Festival Requests Lodging Panel Funding
Rose Ann Yates, representing the Two Shot Goose Hunt, requested $20,000 from the Lodging Tax Panel to assist with marketing expenses for the approaching annual event, set this year for November 28-30th. Yates noted that this year will mark the 52nd annual event. She estimated the cost for the year will be different, […]
LUB Sets 2019 Budget, Approves Annual Uncollected Fees
The Lamar Utility Board approved the budget for 2019 and approved the write-offs for uncollected fees for 2017 during their October 9th board meeting. The budget includes total revenues in excess of $16.9 million, $15.8 million from retail electric sales and the balance primarily from wind turbine production. Total operating expenses of almost […]
Granada Trustees Takes Steps to Assume Role of Sewer Board
The Granada Trustees were informed the community has been approved for a $5,000 grant for a water study and a grant for $20,000 for water storage. Town Clerk, Jackie Malone, said she would find out the next steps needed to secure the funding. The Trustees will make a determination at next month’s meeting […]
Holly Commercial Club Prepares for Christmas Holidays
Holly Commercial Club members met Wednesday, October 3rd, to discuss activities for the approaching holiday season. It was announced the Holly Library will hold a ‘Drawing for Christmas’ on Saturday, December 15th and additional details are available on their facebook page. There was discussion for Club members to host Christmas drawings, reminiscent of older times. […]
City Sells Land, Buys Vehicles
The Lamar City Council approved two lease agreements during their regular meeting, October 8th. One was with Frontier Bank for the lease-purchase of a new Fire Truck. The agreement is for ten years with a first payment of $43,223.24 due this year and a fixed interest rate of 3.95%. A second, […]
Council Approves 2019 Budget Ordinance & Mill Levy
The Lamar City Council, following a public hearing on the 2019 budget, passed an ordinance on first reading on Monday, October 8, 2018, which adopts the new budget and authorizes revenue and expenditure levels for the new fiscal year. The General Fund for 2019 is $8,667,989. Other areas include the Sales Tax Fund […]
Lamar Redevelopment Authority Discusses Incentive Agreements
The Lamar Redevelopment Authority, meeting prior to the regular City Council on Monday, October 8th, approved a memorandum of agreement with the DCI Colorado Community Revitalization Association. DCI, Downtown Colorado Incorporated provides guidance for revitalizing the local economy of communities in the state, focusing on developing community-wide partnerships aimed at growing economic vitality. Lamar […]
Lamar Sales Tax Revenue Takes Slight Slip in August
Sales Tax revenue for the City of Lamar dropped a bit this past August 2018 as City Sales Tax posted collections of minus 2.99% compared to 2017, a drop of $8,608.53. Revenue collections for August, 2017 were $287,825.79 compared to the same period in 2018 of $279,217.26. Use Tax collections were still healthy […]
Small Grains Report – September 2018
COLORADO HIGHLIGHTS All wheat production in Colorado, estimated at 70.50 million bushels, is down 20 percent from 2017, according to the September 1 Agricultural Survey conducted by the Mountain Regional Field Office of the National Agricultural Statistics Service, USDA. All wheat yield was 36.1 bushels per acre, down 7.1 bushels per acre from […]
Big Timbers Community Alliance Goals Detailed at PEP Meeting
George Gotto, Monette Sutphin and Craig Loveless, chairman of the Alliance, detailed the goal of the organization during the monthly board meeting of Prowers Economic Prosperity, PEP, Tuesday, October 2nd. The Alliance is the third in a series of health oriented, grant funded, community organizations which conducted studies on local health needs, mostly […]
Quarterly Hogs and Pigs Report – September 1, 2018
COLORADO Colorado inventory of all hogs and pigs on September 1, 2018 was 780,000 head, up 3 percent from June 1, 2018 and up 3 percent from last year. Breeding inventory, at 155,000 head, was unchanged from the previous quarter, but down 5,000 head from last year. Market hog inventory, at 625,000 head, was up […]
Livestock Slaughter – August 2018
UNITED STATES HIGHLIGHTS Commercial red meat production for the United States totaled 4.77 billion pounds in August, up 3 percent from the 4.63 billion pounds produced in August 2017. Beef production, at 2.43 billion pounds, was 1 percent above the previous year. Cattle slaughter totaled 2.98 million head, up 1 percent from August 2017. The […]
