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In Telluride, the story is the same: sales tax revenues this year have been down 12 to 15 per cent, and the real-estate transfer tax at year's end may total only $750,000, compared to $5 million just two years ago.
Inexplicably, the story in Jackson, Wyo., seems to be different, at least in regard to retail sales, which have been down only three per cent. Moreover, the Jackson Hole News and Guide reports hope among locals that the economy in Teton County will actually start growing again. Visitation to Yellowstone, after being down for several years, has actually been up 11 percent this year, and at Grand Teton National Park it was even.
Solar panel installations likely to slow down, too
CARBONDALE, Colo. - While other construction hands have been looking for work, installers of solar panels were working overtime through much of 2009 in the Roaring Fork and Eagle valleys. But now that work will likely slow down, too.
The problem, explains The Aspen Times, is that several organizations that were providing rebates to consumers installing photovoltaic panels have already exhausted their budgets.
For example, when Holy Cross Energy debuted its incentive program in 2004, nobody took advantage of the credits. But last year, 55 projects got rebates. This year, 92 projects had been allocated credits by the end of May.
Causing the surge this year was an additional stimulus, a change in the federal tax code, which added another inducement: a tax credit equal to 30 per cent of a solar PV installation cost, minus any rebates.
Mammoth talks about
seeming to be on move
MAMMOTH LAKES, Calif. - The Sheet, with a touch of sarcasm, reports on a recent economic development meeting in Mammoth Lakes, at which one speaker suggested a slogan for the community: "Mammoth on the Move."
For a logo, however, she stops short of suggesting a U-Haul truck, says the newspaper.
The town seems to have its fair share of vacant lots and boarded-up buildings. One of the proposals is to erect signs on vacant lots saying, "Future Site of Mixed Use Development."
Good enough, said one council member, as long as the signs give no completion dates.
Summit County prepares to help Senegalese villages
SILVERTHORNE, Colo. - Labor-strapped employers in Summit County a decade ago began recruiting employees from Africa. Among the countries sending residents to work the fast-food joints, clean the hotel rooms and so forth was Senegal, a country considered stable but with a high unemployment rate.