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Press Release

The Colorado Springs Municipal Airport (COS) was distinguished as the “2019 Colorado Airport of the Year” by the Colorado Department of Transportation (CDOT) Division of Aeronautics.  The award was presented on Thursday, June 6, 2019 at the Colorado Airport Operator’s Association (CAOA) Spring Conference in Greeley, Colorado.


 
This is the first award of its kind presented by the Colorado Division of Aeronautics that will annually recognize a Colorado public-use airport that exhibits outstanding contributions to the Colorado airport system. Airports recognized as the “Colorado Airport of the Year” demonstrate values that fall in line with the CDOT Division of Aeronautics mission to advance a safe, efficient, and an effective statewide air and space system through collaboration, investment, and advocacy.
 
On April 16, 2018, the Colorado Springs Airport main terminal suffered extensive damage following a fire that caused around $5.6 million in damage.  Because of the rapid and efficient response of airport staff, the airport was only closed for just one day and airport operations were continued with minimal effect on passengers travelling through the airport.
 
The Colorado Springs Municipal Airport is Colorado’s only military joint-use facility with Peterson Air Force Base.  Additionally, the airport supports commercial air service, general aviation services, aerial wildland firefighting aircraft operations, and a significant business park development.
 
In the 2013 Economic Impact Study of Colorado Airports, the Colorado Springs Municipal Airport was responsible for supporting 27,721 jobs, producing over $1.7 billion in annual payroll, while generating $3.7 billion in overall annual economic output. An update to this study is expected to be released by the Colorado Division of Aeronautics in the Spring of 2020.
 
The Colorado Airport System consists of 74 public use airports that support over 265,000 jobs, provide $12.6 billion in annual payroll, and $36.7 billion in total annual economic output for the State of Colorado.
 
More information can be found at Colorado-Aeronautics.org.

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Press Release

The 2019 Visit Colorado Springs free Crafts and Drafts Passport is now available. Tap into this digital web-based app that can be accessed from a mobile device. The passport highlights the destination’s diverse craft beverage scene and invites beverage novices and aficionados alike from across Colorado’s Front Range to enjoy the Pikes Peak region one sip at a time.


Patrons can access a variety of digital deals and discounts at 20 locally owned and operated beverage companies. From beer batches and spirit specialties to carefully roasted coffee, visitors can savor their way through area breweries, distilleries, wineries and coffee shops. At each participating location, patrons will use the digital passport to redeem deals and be entered to win a variety of gift cards.

Developed by VCOS, the third iteration of the passport seeks to entice the Front Range to experience the talented brewers, mixologists, roasters and vintners who call Colorado Springs and the wonders of the Pikes Peak region home.

Colorado continues to make its mark on the adult beverage industry with more than 284 craft breweries state-wide and an economic impact of $3 billion. Learn more about these delicious pours and sweepstakes sponsors and get the free passport at Crafts.VisitCOS.com.

Visit Colorado Springs is the leading marketing organization for group and leisure travel and tourism to Colorado Springs and the Pikes Peak region. The organization is dedicated to a strong national and international presence so that tourism is a primary contributor to a thriving local economy. Visit Colorado Springs’ mission: We create economic vitality through memorable visits to the wonders of Colorado Springs and the Pikes Peak region.

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Article submitted by Uncapped Mortgage



Gone are the days when the American dream means climbing the corporate ladder. Over the last years, the mindset of the American worker has shifted to valuing flexibility and freedom over stability. Self-employment continues to be a rising trend as employees leave their day jobs to do freelance work or start their own business.

One of the major challenges self-employed individuals face is managing cash flow. Since you do not have the regular pay that a day job provides, not to mention health insurance and tax duties, it can be challenging when all these things fall on your shoulders. Saving and budgeting can be taxing, too, as there will be months when you’ll be flushed with cash, while there will be months when you’ll need to tighten your belt a little.

Below are a few money-saving tips for the self-employed.

Set a budget.  Whether you are a business owner or a freelancer, this is very crucial. Good financial planning can determine the success of your new venture. Total all your income sources. Make sure to list down all your expenses every month. Determine all the fixed costs such as monthly bills, subscriptions, and mortgage, which takes up a huge part of your budget. You may want to consider paying off your mortgage early to get it out of the way and have more room in your budget for other things like savings and retirement fund.  After listing down the fixed costs, add the variable expenses such as payment to freelancers if you hire some, and any other expense that vary month-to-month. By doing this, you’ll know the amount of cash you need every month to live comfortably. Stick to the budget as much as you can. There are plenty of budgeting apps and tools that can assist you with this.

Set your rate. Do not undersell yourself and do not be shy to increase your rates as you gain more experience. In terms of billing, it’s better to be billed in installments rather than in lump sum at the end of a project. It would be harder to budget your money if your cash comes in once every three months rather than having them sent in monthly installments.

Build your emergency fund. And maintain it. It is important to always save for the rainy days. An emergency fund can save you from high-interest debts in times of financial stress. Make sure you have a fund, ideally a 6-month cushion - for when something unexpected happens such as a big client backing out. This 6-month cushion cannot be built right away, but you must work towards building it as soon as you begin getting paid. Set a certain percentage of your income to be allotted to this fund every month.

Know your taxes. Now that you are self-employed, you no longer have your HR department’s compensation and benefits people to look after your taxes. You must do them yourself now. Be aware of the tax bracket you are in now that you have gone solo. If you are a business owner, seek the help of a financial advisor in determining the best entity type to register your business as.

Get help. Time is money. If you think it would be best to delegate some of your tasks to freelancers in order for you to focus on more crucial tasks, hiring help could be a great idea.

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The Colorado Secretary of State announced today that the two ballot measures referred to the voters by the Colorado General Assembly will be Propositions CC and DD. Propositions CC and DD will appear on the 2019 Coordinated Election ballot.

Proposition CC: Retain revenue for education and transportation
WITHOUT RAISING TAXES AND TO BETTER FUND PUBLIC SCHOOLS, HIGHER EDUCATION, AND ROADS, BRIDGES, AND TRANSIT, WITHIN A BALANCED BUDGET, MAY THE STATE KEEP AND SPEND ALL THE REVENUE IT ANNUALLY COLLECTS AFTER JUNE 30, 2019, BUT IS NOT CURRENTLY ALLOWED TO KEEP AND SPEND UNDER COLORADO LAW, WITH AN ANNUAL INDEPENDENT AUDIT TO SHOW HOW THE RETAINED REVENUES ARE SPENT?
Text of legislative bill (PDF)


Proposition DD: Authorize and tax sports betting
SHALL STATE TAXES BE INCREASED BY TWENTY-NINE MILLION DOLLARS ANNUALLY TO FUND STATE WATER PROJECTS AND COMMITMENTS AND TO PAY FOR THE REGULATION OF SPORTS BETTING THROUGH LICENSED CASINOS BY AUTHORIZING A TAX ON SPORTS BETTING OF TEN PERCENT OF NET SPORTS BETTING PROCEEDS, AND TO IMPOSE THE TAX ON PERSONS LICENSED TO CONDUCT SPORTS BETTING OPERATIONS?
Text of legislative bill (PDF)

This information is also available on the Secretary of State's website here.