Arizona's Department of Revenue is reporting increases in sales for the past month with collections of sales tax at more than $3.6 billion. The ADR's Elaine Smith tells Flagstaff Business News the figures are a healthy increase from the previous year. Significant gains were reported in car sales and general retail merchandise. MARCH 2011 Transaction Privilege and Use Tax Collections1 Major Categories March 2011 $369,860,450 March 2010 $345,549,254 (Smith says last year's figure … [Read more...] about Tax Revenues Up Significantly
Business
Business Students at Upcoming Research Symposium
Over the past few semesters, Northern Arizona University (NAU) senior Tereas Bermensolo-Cutler has been working on not one, but two research projects – projects she has been preparing for presentation at this month’s NAU Undergraduate Symposium. Bermensolo-Cutler is analyzing the organizational structure of a global-financial services firm (Lehman Brothers) to see if its makeup played a role in bankrupting the company. In addition, she will be taking part in a group presentation. Last fall, … [Read more...] about Business Students at Upcoming Research Symposium
Government Shutdown Averted
U.S. Congressman Paul Gosar, DDS (AZ-01) issued the following statement in response to the passage of the short-term/the continuing resolution: “I voted for this continuing resolution H.R. 1463 so we can continue to fund our brave men and women fighting overseas to defend our freedom. However, I am very disappointed in the lack of leadership from the Senate and the Administration and their unwillingness to make serious spending cuts. I look forward to continuing the fight against this … [Read more...] about Government Shutdown Averted
New Senior VP For Sunwest Bank
Sunwest Bank, one of the healthiest community banks in the Western Region of the United States, has hired leading Orange County banker Matt Rogers as Senior Vice President and Team Leader in the Commercial Banking group. Rogers will manage a team of lenders specializing in rediscount lines of credit for specialty finance companies, along with traditional commercial and industrial business lending. Rogers will be based in Sunwest’s Anaheim office, but will also work frequently with the … [Read more...] about New Senior VP For Sunwest Bank
Committed To Serving Up Quality
Many would agree that Paul and Laura Moir are a well-matched couple. As owners of Brix and Criollo restaurants in Flagstaff, they are on the same page with values that have made the establishments popular: excellent service, sustainability and organic offerings. They met in 1996 while working in a Phoenix area restaurant. With college degrees in hand, the couple moved to Denver to try careers in the corporate world. After two years, the experience convinced them that they needed to follow … [Read more...] about Committed To Serving Up Quality
Arizonans Deciphering the Business Of Medical Marijuana
(FBN UPDATE. Beginning April 14th, Arizonans will be able to begin the process for growing marijuana. State Health Director Will Humble is announcing the applications are available at his agency's website. Patients will need to be certified by their physicians as candidates for medicinal marijuana use, before applying for permission to acquire it. Dispensaries are expected to begin selling marijuana in September; until then, people with marijuana cards who meet specifications spelled out by … [Read more...] about Arizonans Deciphering the Business Of Medical Marijuana
Analysis of AZ Income Tax Reform
Revised Rates Would Be Lowest of Any State with an Income Tax, says Tax Foundation analysts. (An Arizona Senate committee has voted for a 'flat tax' . The Senate Finance committee voted 4-2 this week to pass the income tax reform which would eliminate some deductions including those for mortgage interest, charitable donations and those for dependents. The house has already passed a similar version of the bill. Analysis shows nearly nine out of 10 Arizonans would pay higher taxes under the … [Read more...] about Analysis of AZ Income Tax Reform
Physician of the Year
Cindy Martin, M.D., has been named Flagstaff Medical Center’s 2011 Physician of the Year. Dr. Martin will receive FMC’s 18th annual Healing Excellence and Leadership (HEAL) award at a ceremony on Thursday, March 31, as part of FMC’s celebration of National Doctors’ Day. Each year, FMC presents the HEAL award to a physician on its active staff who exemplifies the mission, vision and values of FMC by working in partnership with the hospital to provide excellent healthcare services to patients … [Read more...] about Physician of the Year
Archaeology Drawing Tourists and Jobs
Northern Arizona is sprinkled with thousands of prehistoric archaeo- logical sites. Not only does the rich prehistoric legacy bring visitors to the area, but businesses involved in construction must be sensitive to surface and buried relics. When land development was in its heyday, archaeology consulting firms were busy with surface surveys and excavating. “For the last couple of years, there have not been so many archaeol- ogy surveys or excavation projects that are related to land development. … [Read more...] about Archaeology Drawing Tourists and Jobs
Business Owners Living to Hike the Red Rocks
Greg and Gracie Stevenson caught a bad case of Red Rock Fever. Avid hikers, they had been exposed to the fever for about 12 years while visiting his folks who live in Sedona. Once on the way to Phoenix to catch a flight home to Texas, they began to wonder. “Why can’t we live somewhere beautiful like Sedona?” he said. “Over the next couple of weeks, we started filling legal pads with ideas about what we could do to sustain our family.” They decided that since the whole family enjoyed … [Read more...] about Business Owners Living to Hike the Red Rocks
