The decline in tax revenues seems to have abated

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: et, performance in the value of the local housing market in La Plata is anticipated to remain sluggish as foreclosure properties continue to vex real estate values. The decline in tax revenues seems to have abated following the recent recession, which should provide greater stability in government revenues, despite the loss of the lodgers tax. Moreover, natural gas prices have stabilized, providing more stable extraction tax revenue levels at the county level. Mesa County L As anticipated, the economic recovery continues its slow but steady pace in Mesa County. The labor force and number of available jobs have both decreased, while the unemployment rate is the lowest since November 2009, at 8.5%. The energy industry, which remains a critical component in the Mesa County economy, has stabilized and grown with renewed interest in Western Colorado oil shale. The state college in Mesa County was renamed and received university status in 2011. Colorado Mesa University is considered a liberal arts university, offering associate’s, bachelor’s, and master’s degrees in a variety of academic...
View Full Document

This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

Ask a homework question - tutors are online