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• Reports Point to Improving Economy on Local Level Play Video

  February 13, 2013 9:57 AM

  Encouraging signs that the Colorado Springs economy is improving are found in an important benchmark, sales and use tax revenue, an indicator of how much money people are spending. The latest results released Tuesday are the best since before the recession in 2007. From consumer spending to building homes,... more »

• Manitou sales drop after Waldo Canyon fire Play Video

  September 12, 2012 8:35 PM

  New numbers from the city of Manitou Springs show summer sales tax revenue is way down, and experts in the 'biz' blame the Waldo Canyon fire. Business owners felt the burn of the Waldo Canyon fire long after the flames died down. "It really impacted the business, the customers... more »

• Attendance numbers are out for the State Fair

  September 3, 2012 5:49 PM

  Attendance numbers may be down at the State Fair this year, but overall, organizers are calling it a success. Revenue is still on course with what it's been in previous years, so managers say they're happy with this year's turn out. Attendance ranged from around 29,000 to more than 66,000... more »

• Two driver's license renewal locations off line

  March 28, 2012 5:18 PM

  Two driver's license renewal locations in El Paso County are currently off line and cannot process driver's licenses. The Powers Branch and the Downtown Branch (Centennial Hall) of the Department of Revenue do not have the ability to process driver's license requests. All other motor vehicle services including vehicle... more »

• Medical marijuana industry bringing in sales tax dollars

  January 12, 2012 12:35 AM

  After just less than three years of business in the City of Colorado Springs, the medical marijuana industry says they're doing pretty well. "We're seeing good, steady growth." says shop owner Scott Saunders. He and his partner own two medical marijuana dispensaries in town, including MC Caregivers near Academy and... more »

• State revenue forecast to be made today

  December 20, 2011 5:13 AM

  DENVER (AP) - Colorado economists are presenting the state's latest revenue forecast as lawmakers prepare to start the 2012 session next month. Gov. John Hickenlooper's economic team and nonpartisan legislative economists will present their forecasts to the Joint Budget Committee this morning. The report to lawmakers plays a role... more »

• Tax revenues up in Colorado

  July 6, 2011 10:48 PM

  DENVER (AP) - The Colorado Municipal League says sales tax revenue increased an average of 6.5 percent across the state during the first four months of this year compared to the same time span last year. The organization says in a survey released Wednesday that 62 percent of cities and... more »

• Red light cameras raise revenue in Springs

  June 29, 2011 5:36 AM

  COLORADO SPRINGS, Colo. (AP) - Motorists beware, revenues for Colorado Springs are higher than expected this year, thanks in part to red light cameras and photo radar. Revenue from fines, which includes collections from red-light camera violations and a photo radar enforcement program, is projected to be 14 percent... more »

• Pueblo's tax revenues fall for 4th consecutive year

  February 8, 2011 7:40 PM

  Bad economic news for Pueblo, the city's tax revenues have fallen for the fourth year in a row. Last year's tax revenues were $40 million, which is down close to $2 million since 2007. The city's finance director says sales tax revenues have remained relatively flat. Worse, tax collected... more »

• Casino towns near Denver no longer in a truce

  November 14, 2010 2:46 PM

  BLACK HAWK, Colo. (AP) - Black Hawk and Central City are dissolving agreements that had ended years of battling over a share of gambling revenue. Central City used to be the top gambling town in Colorado before Las Vegas-style casinos went up about a mile south in Black Hawk... more »

• Colorado Springs hits new high in pot tax revenue

  October 8, 2010 8:21 AM

  The city of Colorado Springs is reporting a record monthly high of nearly $57,000 in sales tax revenue from medical marijuana. The Gazette reports that sales of marijuana and marijuana-infused products generated $56,991 in tax revenue in August, a nearly 12 percent jump from July. So far this... more »

• Newspaper industry reaps benefits from MMJ advertisers

  October 7, 2010 8:14 PM

  John Weiss is careful to emphasize that The Independent, the free weekly newspaper he founded nearly 20 years ago, is strong and sustainable even without the massive influx of advertising revenue from the medical marijuana industry in the past year, but its impact cannot be denied. "We have three... more »

• Newspaper industry reaps benefits from MMJ advertisers

  October 7, 2010 8:10 PM

  John Weiss is careful to emphasize that The Independent, the free weekly newspaper he founded nearly 20 years ago, is strong and sustainable even without the massive influx of advertising revenue from the medical marijuana industry in the past year, but its impact cannot be denied. "We have three... more »

• Pueblo faces $9 million budget shortfall in '11

  September 21, 2010 6:18 PM

  Pueblo's city manager is projecting a $9 million budget shortfall in 2011. On Monday, Jerry Pacheco told City Council he can balance the budget without laying-off workers. Pacheco's recommendations include: no additional funding for non-profits; increase code enforcement programs to boost revenues; and keep 26 vacant positions un-filled, including seven... more »

• Democrat Hickenlooper returned tax break to IRS

  September 15, 2010 8:31 AM

  A Denver TV station is reporting that Democratic gubernatorial candidate John Hickenlooper paid over $52,000 to the Internal Revenue Service in 2008 to settle issues surrounding tax credits he received on conservation easements. KMGH-TV reported Tuesday that the easements were on land that Hickenlooper and a partner acquired in... more »

• Driver's licenses no longer issued in Walsenburg

  September 14, 2010 6:16 PM

  The Department of Revenue Office in Walsenburg, where driver's licenses are issued, has closed and there are no plans to reopen it. The Department of Revenue sent out a news release Tuesday saying the Walsenburg office would close due to environmental problems with the building. People needing license... more »

• Economy: Oil cleanup both bonanza and bust

  August 27, 2010 8:19 AM

  An Associated Press analysis finds some places have done pretty well since the Gulf oil spill while others have been hit by a double-whammy. The worst offshore oil spill in U.S. history has spurred something of an economic boom in some communities where cleanup operations are based. But other... more »

• City teams with local business to keep pools open

  July 13, 2010 8:16 PM

  On a hot summer day, a neighborhood swimming pool is about as good as it gets. Last year the city of Colorado Springs was close to closing all of them because of massive budget problems. "The overall aquatics budget was approximately $2 million dollars for all of the pools." explains... more »

• Tax refund delays puzzle Revenue Department

  June 18, 2010 1:56 PM

  Some Colorado residents are reporting longer delays in getting tax refunds and it's not clear why. The Department of Revenue can't say much about what's happening because it's only allowed to discuss tax returns with the taxpayers who filed them or their attorneys. The department says that 96 percent... more »

• Adopt-a-streetlight program in Colorado Springs

  March 19, 2010 8:34 AM

  Colorado Springs residents can bring a little light to their neighborhood by paying to "adopt" streetlights that have been turned off as a cost-saving measure. City officials say a residential light would cost $75 to adopt for a year, while an arterial light for bigger streets would cost $180.... more »

• City of Pueblo faces hardships in 2010

  March 5, 2010 5:13 PM

  The City of Pueblo is dealing with money woes, that could impact services. January's sales tax revenues fell -1.1% from the same time a year ago. "Housing starts are down, commercial construction is down, that's the lion's share of that use tax money that comes in," said Jerry Pacheco, City... more »

• Free tax help this Saturday

  February 15, 2010 2:57 PM

  If you're having trouble preparing your income tax returns you can get free help this Saturday from the Internal Revenue Service. The Colorado Springs IRS office will be open from 9 am - 2 pm. "There are many tax credits and deductions that may help individuals struggling in... more »

• Online retailers wouldn't have to report purchases

  February 12, 2010 8:45 AM

  Privacy concerns have led to some changes to Colorado's bid to collect sales tax on online purchases. The measure would require out-of-state, online retailers to either collect sales tax or send customers an annual notice of how much tax they owe the state. Retailers would also have to report... more »

• Vail Resorts say lift ticket revenue flat so far

  January 9, 2010 10:08 AM

  Vail Resorts Inc. says lift ticket revenue is essentially flat so far this season, but skier visits are down. The Broomfield-based ski company said Friday that lift ticket revenue at its five resorts through Wednesday was down 0.4 percent compared with a comparable period last year. Skier visits were down... more »

• City leaders say Pueblo should avoid lay-offs, furloughs

  November 10, 2009 2:58 PM

  The City of Pueblo's economic forecast is looking a bit brighter these days, thanks in part to a summer hail storm that caused nearly $106 million in damages. "The hail damage was absolutely a blessing in disguise," said Vera Ortegon, Pueblo's City Council President. Over the past several months, auto... more »

• UPS truck is Denver's champion parking violator

  September 9, 2009 1:39 PM

  A single UPS delivery truck is the champion of Denver parking violations, racking up 196 tickets worth nearly $5,700 last year. The Denver Post reported the dubious achievement on Wednesday. UPS spokesman Mark Dickens says parking tickets are a cost of doing business in some cities. The newspaper says parking... more »