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Articles related to revenue

Orchard City continues search for revenue ideas

Orchard City Mayor Ken Volgamore and some of the town board members expressed disappointment that a room full of constituents left immediately following the previous week's community meeting on government revenue and marijuana.

"It was very interesting," Volgamore said during the town board's regular meeting on Feb. 8, "that after we went over the three items, especially the marijuana, that all but four [of the 70 people] got up and left.

Mayor seeks citizens' input

Mayor Ken Volgamore has scheduled a town board work session discussion about the issues of declining town revenues, dwindling cash reserves in town budget funds, and ideas for addressing the two problems, ideas that include allowing marijuana businesses to operate in Orchard City as a means of generating tax revenue.

Orchard City searches for ways to fund budget

The Orchard City trustees, at their Jan. 4 work session, opened a dialog on the problem of declining town revenues, dwindling cash reserves, and on possible ways to reverse the trends.

Among the ideas suggested was whether to allow marijuana businesses to operate in town and so provide more tax revenue for local government.

Decline in revenue tied to coal mines

Cedaredge Town Board members are hearing that declines in revenue tied to the loss of North Fork Valley coal mining jobs and production will have an impact on the 2017 budget.

According to a report to the trustees from town hall staff in September, the average income to the town's general fund from minerals leasing and severance taxes between 2009 and 2014 was $90,944 a year.

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