Saturday, January 9, 2010
Thursday, January 7, 2010
WGM Group Finds a New Home
With the help of the Small Business Association and the Historically Underutilized
Business Zone (HUBZone) program, WGM Group Inc. purchases new office building.
Brent Campbell, president of WGM Group, Inc., has announced that WGM recently purchased a new office building. WGM will be moving January 18th from its current location to 1111 East Broadway in Missoula. WGM is an locally owned and operated, community-centered land use planning, engineering, and surveying firm that has been building better communities, safer roads, and healthier places to live, work, and play in the Northwest for over 40 years.
Read more....
http://wgmgroup.com/2010/01/wgm-group-inc-finds-new-home.html
Wednesday, January 6, 2010
Broadening the Tax Revenue Base
by Gary London
This recession has laid bare some longstanding problems in our private and public sector financial system. If jurisdictions are allowed to broaden their tax revenue base, the effect would be the encouragement of the kinds of higher density, mixed-use development needed in most communities.
Cities and other local jurisdictions have traditionally focused on retail for sales taxes, hotels for transient occupancy taxes, or TOT, and tax increment financing (property taxes) through redevelopment as the major tax sources to pay for their “general fund” operations. It is unusual for these revenue sources to decline, yet each source is dramatically down. Some of this tax revenue will eventually return. Alarmingly, some may not.
I want to focus on the alarms going off.
The “Great Recession” has set in motion two trends that may influence consumer behavior for a long time. Economists refer to these habit breaking events as structural changes. The first and largest trend is consumer spending. In the past three decades, personal consumption expenditures have risen from less than two-thirds of the nation’s gross domestic product (total value of all goods and services produced in the U.S. in one year) to nearly 72 percent. In the same time period, personal savings fell from more than 10 percent of disposable income to about 1 percent. This increased consumption and reduced savings, coupled with an increased willingness to accept higher levels of debt and risk, likely helped fuel the last two asset bubbles: the dot-com stock and housing price bubbles. It’s the bursting of the housing price bubble and decline in perceived wealth that may trigger the second change in trends: households’ inability and/or unwillingness to tap their home equity to supplement their consumption.
Monday, January 4, 2010
Friday, December 11, 2009
Missoula businesses launch campaign to fill Washington-Grizzly for Saturday's game
By KEILA SZPALLER of the Missoulian | Posted: Thursday, December 10, 2009 6:10 pm | No Comments Posted
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Fill 'er up.
The stadium, that is.
When the undefeated Montana Grizzlies face Appalachian State on Saturday, some members of the Missoula business community want Washington-Grizzly Stadium to be sold out to a hollering crowd. "First down ... Montana!"
Thursday, some 48 hours before kickoff, WGM Group's Brent Campbell was among the Griz fans who launched an informal campaign to get business owners to buy up remaining tickets and hand them off to employees in the quest to leave no seat empty for the Football Championship Series semifinal game.
"They do so much for our community," Campbell said of the University of Montana. "This is a way to give back."
The idea is to boost roaring and reputation. Campbell said the full stadium will raise the decibel level - and trip up the enemy. Plus, ESPN will be televising the game nationally, and a house packed to capacity at 25,200 will promote the mountain town of Missoula.
"It's getting a growing reputation as a great place to play football," Campbell said.
More than 18 employees or family members from his shop planned to root at Saturday's 2 p.m. kickoff. Among others on the Griz-wagon were Diane Beck at Windermere Real Estate, KPAX, the Rocky Mountain Development Corporation, and AMEC Geomatrix, he said.
http://www.missoulian.com/news/local/article_65df5908-e5f2-11de-93e4-001cc4c002e0.html