MEEKER | While the numbers for Rio Blanco County’s Gross Domestic Product (GDP) have suffered due to large losses in oil and gas output since 2020, other factors remain fairly constant, including employment, median household income, and inflationary pressure, according to an economic update for the first quarter of 2023[Read More…]
Tag: Sales Tax
Sales tax revenue up 170%
RBC I Sales tax revenue is up 170% compared to last year, according to RBC Sales and Use Tax director Deb Morlan. She explained that sales tax increases are coming from companies who ship goods into the county, particularly for project materials for ongoing or recently completed industrial activities. Morlan[Read More…]
DAYS GONE BY: August 19
The Meeker Herald 125 years ago • Syrup of Figs: With a better understanding of the transient nature of the many physical ills… There is comfort in the knowledge that so many forms of sickness are not due to any actual disease, but simply to a constipated condition of the[Read More…]
No deal on 1% sales tax increase to fund local dispatch
RBC | The idea of a sales tax to pay for local dispatch is dead in the water, at least for this year. Commissioners heard unanimous support for keeping dispatch local Monday and Tuesday, and one community member suggested the idea of a sales tax. With the deadline for adding[Read More…]
Seeing green: the cannabis economy
EDITOR’S NOTE: This is the second in a three-part series to examine the impact of cannabis on our health, our economy and our communities. RBC | Cannabis (marijuana) legalization in Colorado has had a powerful impact on the state and local economies. Although sales of medical cannabis began prior to 2014,[Read More…]
Rangely council gives added funds to Wolf Creek project
RANGELY | The Rangely Town Council met Tuesday night where they discussed improvements to White River Village and additional funding to the Wolf Creek Reservoir project. Elizabeth Wiley, owner of Elizabeth Robinson Studio and Home on the Rangely, approached the council during public input for the purpose of clarifying what[Read More…]
Tax leakage…
Meeker High School graduate Katie Stewart presented her research, analysis and recommendation on Meeker’s sales tax leakage, which earned her a masters degree from Colorado Mesa University.
Sales tax leakage survey
MEEKER I The Meeker Chamber of Commerce will be hosting a community forum to learn more about sales tax leakage in Meeker and the economic impacts we are experiencing.
Tax revenue falls in March
RBC — Sales and use tax receipts, which include collected taxes for retail sales, motor vehicle use tax and building materials use tax, were down in March for the county.