Clothing and school supplies would be tax-free during an annual Colorado “sales tax holiday” under consideration in the Colorado House. The bill would make Colorado the 17th state to waive sales taxes on back-to-school items for a short period each year. Colorado’s proposal would set the holiday for the first weekend in August. The holiday […]
The new CEO for Neumann Systems Group says he doesn’t understand why the local company has become a “political whipping boy” for Colorado Springs leaders. NSG, which is installing a clean-coal scrubber at the Martin Drake Power Plant near downtown, has been under fire for months – constantly battling misconceptions and falsehoods, said Todd Tiahrt, […]
In his “State of the City” address today, Mayor Lionel Rivera called upon Colorado Springs residents to suspend the city's TABOR law for this year and through 2012 and urged the legislature to reform the pension plan for state and local government workers.
The State Historical Fund awarded 53 grants for historic preservation totaling more than $6 million for the fiscal year 2012 grant round. These new grants join 322 already active grant projects, for a total of nearly $35 million in direct investment in the State of Colorado.
Mayor Steve Bach’s City for Champions proposal didn’t impress Economic and Planning Systems, the third-party analyst hired by the Colorado Economic Development Commission to evaluate the city’s request for state tax increment funding. EPS found that visitor estimates by the city were overly optimistic; financial data was skimpy, insufficient and/or inaccurate; and cost and revenue […]
Sen. Mark Udall examined small bearings, looked into a welding simulator and watched a 3D printer make a small intricate part in the technical classrooms during a visit this week at Pikes Peak Community College. Udall was there to speak to students, instructors and PPCC president Lance Bolton. In his week off from Senate activities […]
Falling natural gas prices are taking a toll on La Plata County’s budget. The county was told Tuesday it could lose more than $920,000 in property-tax revenue because of a 25 percent drop in natural gas prices last year. The assessed value of oil and gas development in the county changes annually […]
Pinnacol Board of Directors Vice Chairman John Plotkin says he and CEO Ken Ross came to a mutual decision that now is a good time for Ross to resign from the workman’s compensation company, the Denver Business Journal reports. Plotkin also says the company, a quasi-governmental agency, seeks to improve its strained relationship with lawmakers […]
Colorado wants top executives at the state-chartered workers’ compensation insurance fund to waive big severance payments if the quasi-state agency is privatized. Gov. John Hickenlooper and Pinnacol Assurance are negotiating over a proposal to privatize the insurer. Past efforts to strike a deal have failed in disputes over the company’s value. The proposed deal calls […]
More than 100 people showed up to Mayor Steve Bach’s town hall meeting at the Penrose Library Wednesday to talk about how to revitalize downtown. Ideas included creating an Olympics museum, building a Sky Sox stadium, adding high-speed rail, offering more housing options and improving access from Interstate 25. Bach used the opportunity to reiterate […]
Nearly a month after Colorado’s last flood pushed the state’s damage estimate to nearly a half-billion dollars, city, county and state agencies have initiated efforts to repair roughly $30 million in infrastructural damage across the Pikes Peak region, according to officials. While the north-central section of the state received the brunt of damage caused by […]
In an effort to spur economic and business activity, Mayor Steve Bach has created a standard set of economic “accommodations” for new and expanding companies, as well as a Commercial Aeronautical Zone for the Colorado Springs Airport. Saying the accommodations – essentially economic incentives – would be available for a “limited time only,” Bach said […]