All Entries in the "Economy" Category
Construction Work to Begin on Lamar Loop
The Lamar Loop came a step closer to construction with the Lamar City Council approving the mayor’s signature on the Owner-Contractor agreement and general conditions with MonCor LLC during the August 13th council meeting. The council has had plans for the Loop for some time while funds have been pending for the […]
City Sales Tax Revenue Continues Year-Long Improvement
Although the monthly sales tax revenue for the City of Lamar posted a slim gain for June sales, the year to date figures continued to show growth. City Sales Tax was up 0.51% for a $1,615.24 increase over the year before with 2017 at $314,737.26 and 2018 at $316,352.50. Use Tax collected was […]
USDA CROP PRODUCTION – AUGUST 2018
COLORADO HIGHLIGHTS Based on August 1 conditions, corn production in Colorado is forecast at 178.22 million bushels, according to the August 1 Agricultural Yield Survey conducted by the Mountain Regional Field Office of the National Agricultural Statistics Service, USDA. This forecast is down 4 percent from last year’s 185.90 million bushels. The 1.34 million […]
Granada Begins Search for New Trustee, Continues to Repair Hail Damage
Deb Choat offered a series of statements addressed to her fellow Granada Trustees before she tendered her verbal resignation from the board during the Trustee’s monthly meeting, Wednesday, August 8th. Mayor Glenn Otto said that as Granada has no wards or districts, any qualified resident may submit a letter of intent to the […]
Buxton Reps Explain Company’s Role in Local Economic Development
Just over 62% of local revenue in Lamar is generated from non-resident sources, while $5M is spent out of the county each year for health and personal care issues, accountable for an area of major dollar leakage for the community. Those were two of the facts presented to Prowers Economic Prosperity board members during […]
Council’s Work Session Covers Park Vendors, Preliminary 2019 Budget
The Lamar City Council held a work session Monday, August 6th to discuss the general direction for the approaching 2019 budget for the City of Lamar, and to discuss some of the pros and cons of having commercial vendors operate in the city’s parks. While there were no concrete amounts mentioned, Treasurer Kristin […]
USDA Lists Land Values and Cash Rents in Nation – Southwest
ARIZONA The 2018 Arizona average farmland real estate value, a measurement of the value of all land and buildings on farms, was $4,200 per acre. This is an increase of 2.4 percent from 2017 and 10.5 percent from 2016. The average value of cropland and irrigated cropland was $8,450, up 0.6 percent from 2017. Pasture […]
National Survey of Cost of Farming Expenditures 2017
FARM PRODUCTION EXPENDITURES-2017 – UNITED STATES HIGHLIGHTS Farm production expenditures in the United States are estimated at $359.8 billion for 2017, up from $346.9 billion in 2016. The 2017 total farm production expenditures are up 3.7 percent compared with 2016 total farm production expenditures. For the 17 line items, 13 showed an increase from previous […]
Developments Around Town
They are not always recognizable at first, but plans for community development are taking shape at different stages through the Lamar community. Additional work is underway at the 9/11 First Responders Memorial on the southern end of the Big Timbers Museum property. Begun last year and financed through private donations and grants, the memorial […]
DROUGHT INFORMATION STATEMENT – NWS, Pueblo
SYNOPSIS… Weather systems throughout the month of June have brought some precipitation across the State of Colorado. However, the bulk of the precipitation has been focused across northern and extreme eastern portions of the state, with the precipitation received across South Central and Southeast Colorado more spotty, and not enough to overcome the extremely […]
Colorado Mills Exploring Solar Farm Power Options
The high cost of electricity was highlighted during the July 24th meeting of the Lamar Utility Board as Colorado Mills General Manager, Rick Robbins, and Tim Hume discussed the cost-saving option of developing a solar powered generation unit for the Lamar based company. Robbins was one of several local businessmen who originally approached the […]
Council Takes No Action on Sage Brush Service Plan
Proponents of the Sage Brush Meadows nursing home came no closer in their goal of having the Lamar City Council vote to approve their Service Plan for the 54 bed home during the council’s regular meeting on Monday, July 23rd. The group’s window for moving forward for a November ballot issue closes on July […]
USDA LIVESTOCK SLAUGHTER – JUNE 2018
UNITED STATES HIGHLIGHTS Commercial red meat production for the United States totaled 4.33 billion pounds in June, down 1 percent from the 4.35 billion pounds produced in June 2017. Beef production, at 2.30 billion pounds, was 1 percent above the previous year. Cattle slaughter totaled 2.88 million head, up 1 percent from June […]
State Notes New Business Filings/Growth for 2nd Quarter
DENVER, July 20, 2018 – Business entities in good standing in Colorado reached a record 688,986 in the second quarter of the year, according to data from the Colorado Secretary of State’s office. Over the last year ending in June, 122,713 new business filings were recorded, with 31,572 coming in the second quarter. Over […]
Colorado Employment Situation for June 2018
Employers in Colorado added 4,200 nonfarm payroll jobs from May to June for a total of 2,729,600 jobs, according to the survey of business establishments. Private sector payroll jobs increased 3,700 and government increased 500. May estimates were revised up to 2,725,400, and the over the month increase from April to May was […]
