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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Dec 24, 2008

Page

2

Flood recovery hampered by funding gap for Cedar Rapids small firms

A Cedar Rapids survey shows 78 percent of flooded small businesses have reopened in some form since June but face heavy debt and uncertain funding. The study covers about 250 of 400 respondents and estimates impacts on roughly 700 firms defined as having 25 or fewer employees. The recovery is described as a 3 1/2 year process.

Cedar Rapids Gary Ficken Vernon Research Group

SBA loan uptake and flood impact on small businesses

The Vernon Research Group survey finds less than half of SBA loan requests were offered and accepted. Projected losses hit 1.494 billion with 915 jobs lost. 78 percent reopened. 62 percent moved location but 57 percent expect the move to be temporary. Remaining closures created 116.3 million in 2007 gross sales lost.

Culver sees brighter days for Cedar Rapids after flood

Gov. Culver told a St. Wenceslaus Church holiday crowd that Obama’s Iowa ties could aid Cedar Rapids flood recovery. He cited future cabinet posts, noting personal links to Tom Vilsack and Bill Richardson, as the city seeks more local tax authority beyond property taxes.

Liz Martin the Gazette St. Wenceslaus Vicki Davenport Vera Conway Janet Mencher Phyllis Oliver Cedar Rapids Joanne Drakozal Edar Rapids Iowa Barack Obama Chet Culver St. Wenceslaus Church Fifth St Culver Obama Tom Vilsack Bill Richardson U.S. Departments of Agriculture and Commerce Iowa Cities Kay Halloran Linn County Linda Langston

Soldiers glad to be home after holidays in war zone

Christmas in Afghanistan found 1st Sgt Steve Clark and the 82nd Airborne in Sabah district moving from village to village to clear enemies. They had turkey dinner and calls home before more operations began days later. Clark reflects on holiday deployment and maturity.

Cashman the Gazette Steve Clark Afghanistan 82Nd Airborne Sabah Pakistan Clark Coralville Iraq National Guard

City Budget Proposals Face Delays and Rate Hikes in Iowa City

City Manager Lombardo proposes a 48.8 million general fund budget starting July 1 with a 3.5 million shortfall. Projects and new hires may be delayed or canceled. Fees could rise: parking fines by 5 dollars would be added, on street rate up 25 cents per hour, refuse fees up 50 cents monthly. Revenue declines driven by lower construction values.

Gregg the Gazette Iowa City Michael Lombardo Lombardo Parks and Recreation Department

Budget shows property tax levy for Iowa City home

Iowa City property taxes on a $100,000 home rise from 780.96 to 815.02 dollars in FY 2009 to FY 2010, an increase of 34.06 dollars. The levy changes by 0.16 dollars and 34.06 dollars across the two fiscal years.

Also Mentioned on This Page

G.R By Dave DeWitte C.R Spc Seth Pettit Amanda LaRae Larkin Burch Avenue NW Pettit J.C City of Iowa City Gazette Www.gazetteonline.com Gazetteonline Seeneenes
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