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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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G.R
By Dave DeWitte
C.R
Spc
Seth Pettit
Amanda LaRae Larkin
Burch Avenue NW
Pettit
J.C
City of Iowa City Gazette
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