All Entries in the "Economy" Category
Lamar Prepares for New Arby’s
(Lamar, Colorado – October, 2023) The City of Lamar and LVP Food Service Concepts, an entity of LV Petroleum, have taken a significant step forward recently. LVP Food Service Concepts and their partners are officially bringing an Arby’s restaurant to the community. “With the signing of our agreement and the closing of the land […]
Council Work Session Covers City’s First Steps to a New Comprehensive Plan
Anne-Marie Crampton, City of Lamar Community Development Director, addressed the Lamar City Council in a work session this past Monday, October 9th accompanied by Josh Olhava, project lead from Ayers Associates, regarding the creation of a new comprehensive development plan for the city. A number of outreach discussions have been held in Lamar, seeking […]
2024 City of Lamar Budget Moves Forward
Following a public hearing by the Lamar City Council on the 2024 budget on October 9th, the budget received a first reading of the annual ordinance. It’s expected the budget will be approved at the meeting on Monday, October 23rd. There are 14 categories due for monetary appropriations from the city’s revenue for the new […]
City Council has 2024 Budget and Land Develop Interests on Meeting Agenda
Several financial concerns were addressed during the Lamar City Council’s October 9th meeting this past Monday. The council held a public hearing for the proposed City of Lamar 2024 budget to outline expected revenues to the city and how the funds will be spent through the new year. Following the hearing, the council […]
City of Lamar September Sales Tax Revenue Report
Sales Tax revenues for the City of Lamar made continued gains for September, based on the monthly report. City Sales Tax collections were up 3.73% for a gain of $13,966 over 2022 with current collections at $388,449. Use Tax collections gained 69.48% for an increase of $16,950 and Total Sales and Use Tax collections were […]
Colorado’s Economy Continues Streak of Strength Following Economic Forecast
DENVER – The Governor’s Office of State Planning and Budgeting (OSPB) released its quarterly economic forecast. Colorado’s economy continues to thrive, with the labor market remaining healthier than anticipated and consumer demand exceeding expected growth. Colorado’s unemployment rate remains low under the Polis administration. But the high cost of housing continues to […]
Colorado Crop Progress & Condition Report, Week Ending October 1, 2023
AGRICULTURAL SUMMARY: Harvest activities progressed well amid warm and dry conditions last week, according to the Mountain Regional Field Office of the National Agricultural Statistics Service, USDA. Based on National Oceanic and Atmospheric Association (NOAA) data, precipitation was minimal last week with moisture mostly confined to southeastern counties in the State. Areas of […]
Governor Polis Takes Action to Keep National Parks Open if a Federal Shutdown Occurs
DENVER- Today, Governor Polis issued an Executive Order directing the Colorado Department of Natural Resources to develop a plan for continued operations and resource protection of Colorado’s National Parks and other federal lands in the event of a federal government shutdown. “Our state is proud to be home to world-class outdoors, including four national parks, that play […]
CATTLE ON FEED Week of September 1, 2023
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 950,000 head as of September 1, 2023. The latest inventory was 3 percent below last month and 8 percent below the September 1, 2022 inventory. Cattle feeders with […]
LIVESTOCK SLAUGHTER – AUGUST 2023
UNITED STATES HIGHLIGHTS: Commercial red meat production for the United States totaled 4.67 billion pounds in August, down 3 percent from the 4.83 billion pounds produced in August 2022. Beef production, at 2.36 billion pounds, was 6 percent below the previous year. Cattle slaughter totaled 2.89 million head, down 6 percent from August 2022. The […]
Attorney General Phil Weiser Warns Student Loan Borrowers About Scams as Repayment Begins
Sept. 12, 2023 (DENVER) — With student loan repayment restarting next month, and interest already accruing again as of Sept. 1, Attorney General Phil Weiser issued a warning to consumers to be vigilant against potential student loan-related scams and fraud. “As student loan repayment starts back up in October, scammers and fraudsters will […]
City Development Projects Outlined
Community Development Director, Anne-Marie Crampton, provided an overview of new and on-going projects her department is undertaking, about 30 in all, during the September 11th Lamar City Council meeting. Some highlights included a visit from Brownsfield Group in October which is coordinating with engineering firm, Ayers Associates, to review asbestos and lead content […]
City of Lamar Sales Tax Revenue Report-July 2023
The July 2023 Sales Tax Revenue report for Lamar showed a 3.49% increase for the month for a gain of $12,737 over the previous year. Monthly collections are $377,909 compared to $365,172 for 2022. Use Tax collections increased 7.76% and Other Collections were up 49.22%. Total Sales and Use Tax collections increased by […]
LCC-/-PEP Job Fair and Career Expo Set for September 20th
The Lamar Community College/Prowers Economic Prosperity Job Fair and Career Expo is scheduled for September 20th at the Lamar Community College Wellness Center. There will be a morning session for students from 9 a.m. to 12 p.m. and an afternoon session for job seekers from 1 p.m. to 3 p.m. This […]
USDA Announces Specialty Crop Block Grant Program Funding Awarded to Colorado
The U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS) awarded over $799,000 in Fiscal Year 2023 Specialty Crop Block Grant Program (SCBGP) funding to Colorado. With this grant, the Colorado Department of Agriculture will fund projects that enhance the competitiveness of specialty crop products and create new market opportunities for the state’s specialty […]
