CSBJ Daily

During this afternoon’s State of the City address, Mayor Lionel Rivera said that Colorado Springs should consider shifting funding for public safety from sales tax revenue to “more stable” property tax revenue.
“It may be a more difficult pill to swallow, but there is no question that it’s the right medicine,” Rivera said.
However, […]

Pikes Peak Community College and The Classical Academy are joining forces to create a facility that will be used for education from kindergarten through college.
The 81,000-square-foot facility will be built by The Classical Academy on 9 acres of state-owned land at the PPCC Rampart Range campus.
Ground-breaking is scheduled for August or September, with plans to […]

Bloomberg News reported today that several national newspaper chains, including Denver-based Media News Group, which publishes the Denver Post, may be close to default on “billions of dollars” of debt.
Bloomberg noted that newspapers are selling today for about six times earnings. This is below the 11.5 times earnings that MediaNews and […]

Vail Resorts Inc. has agreed to purchase Colorado Mountain Express from East West Resort Transportation Holdings LLC for $40.5 million.
Colorado Mountain Express offers ground transportation from Denver International Airport and Eagle County Airport to Vail, Aspen and Summit County. The vehicle fleet consists of about 250 vans and luxury SUVs.
The transaction is […]

Employer costs for employee compensation in private industries in the Western region of the United States were $28.70 per hour during March.
Costs were highest in the Northeast at $30.56 per hour, according to the U.S. Department of Labor’s Bureau of Labor Statistics, and lowest in the South at $23.90 per hour.
The […]