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The Colorado legislature passed and sent to Gov. Jared Polis more than 450 bills during the session that ended May 3. It will take weeks for Polis and his staff to review and decide whether to sign all of those bills, many of which were passed in the last few days of the session. Scores […]
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The state of Colorado is working with local jurisdictions to tackle issues from transportation to cybersecurity, Gov. Jared Polis said at a town hall May 4 at Sierra High School. Polis spoke about projects he’s working on and answered questions at the event, sponsored by the Business Journal and sister publications the Colorado Springs Independent […]
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Employee stock ownership plans offer tax advantages to business owners and incentivize employees to help their company prosper. But in Colorado Springs, ESOPs are little known and seldom used. According to the Rocky Mountain Employee Ownership Center, there are only about 150 employee-owned firms in the state. Gov. Jared Polis aims to change that. On […]
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Colorado Attorney General Phil Weiser thinks of his office as “the lawyer for the people.” Since assuming the AG position in January, Weiser, a Democrat, has been meeting with people around the state to hear their concerns. Weiser sat down with representatives of Colorado Publishing House, the parent company of the Colorado Springs Business Journal, […]
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Visit Colorado Springs President and CEO Doug Price and several other Colorado Springs folks were sitting in the Nashville airport waiting for a flight home in June 2015. Price and the delegation, including newly elected Mayor John Suthers’ wife, Janet, had traveled to Nashville on a chamber of commerce benchmarking trip. “We got to spend […]
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A dedicated, “boots-on-the-ground” one-year push to improve the lives of the city’s homeless population is already bearing fruit, with 370 low-barrier shelter beds added at Springs Rescue Mission and the Salvation Army. The city of Colorado Springs’ homelessness response action plan — now known as the 2019 Colorado Springs Homelessness Initiative — identified low-barrier shelter […]
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Colorado legislators are working their way through a wide variety of bills that would affect businesses. Among the top issues they’re talking about are simplification of the state sales and use tax system, paid family and medical leave, retirement savings and regulations concerning the cannabis industry. The Business Journal asked several business advocacy organizations and […]
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By Pam Zubeck The dreaded “R” word appears only once in the city’s 2019 budget, but fear of a recession might be driving the city’s revenue forecast, which is less optimistic than the previous year’s prediction. The 2018 city budget’s outlook predicted sales and use tax revenue would exceed $207 million in 2023 and noted […]
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Furloughed federal employees are feeling the pain of missing two paychecks during the lingering government shutdown, but for most local businesses, the effects appear to be minimal — at least so far. Local businesspeople and officials say they are concerned, however, that the impacts will worsen if the shutdown stretches on much longer. According to […]
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Mayor John Suthers is bullish about Colorado Springs in 2019. “There’s going to be a lot of good news,” Suthers said in a year-end interview with the Business Journal. “There are so many things in the pipeline all coming to fruition in 2019. … I’m a little nervous about the national economy but, you know, […]
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Tech companies say the Trump administration’s import tariffs have hit them with price increases too steep to absorb — and it’s going to get worse in January. The tariffs on $200 billion worth of Chinese goods started at 10 percent Sept. 22. Cisco Systems added a 10 percent pass-through to 2,850 of its Chinese-manufactured items […]
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Newly elected legislators from El Paso County say the needs of businesses won’t be neglected in the coming session. Democrats captured 41 of the 65 Colorado House seats that were contested in the Nov. 6 general election, increasing their majority while wresting control of the Senate from Republicans and sweeping the top state offices. “There’s […]
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