State Auditor Nicole Galloway released her ninth monthly report detailing the state government’s use of federal stimulus dollars intended for the COVID-19 response. Last year, Auditor Galloway announced that her office would examine the state’s distribution and spending of funding received under the CARES Act and other federal assistance programs passed by Congress. The most […]
Tag: economic development
Governor Parson announces special funding to help Missouri’s youth
Governor Mike Parson announced a special cycle of the Department of Economic Development’s Neighborhood Assistance Program (NAP) and Youth Opportunities Program (YOP), making $21.8 million available to assist nonprofit organizations and other entities providing services to at-risk youth. “Missouri nonprofits have been a lifeline for many Missourians throughout the COVID-19 crisis, providing critical services during […]
Governor Parson announces release of remaining $280 million in general revenue restrictions
Governor Mike Parson announced the release of the remaining $280,783,940 in FY21 general revenue restrictions. “Thanks to our balanced approach to COVID-19, Missouri is in a much better position than what was originally projected,” Governor Parson said. “Our economy continues to come back strong, and we’re pleased to be able to release the remainder of these funds […]
Lawmakers propose permanent tax credit to stimulate development in nation’s underserved areas
U.S. Senators Roy Blunt (Mo.) and Ben Cardin (Md.) have introduced a measure to permanently extend the New Markets Tax Credit (NMTC), which has created jobs and driven investment in neighborhoods with high poverty and unemployment rates. The New Markets Tax Credit Extension Act (S.456) will permanently authorize a 39 percent federal tax credit for […]
Audio: Jefferson City Council accepts federal money to repurpose parts of prison and neighborhood.
The Jefferson City council has accepted a $1.5 million grant from the U.S. Department of Commerce to help with the redevelopment of the Missouri State Penitentiary. The penitentiary was opened in 1836 but was decommissioned in 2004. Now the plan is to turn the property into a multi-use space centered around a hotel […]
Missouri Department of Resources awards $1.36 million to Meadville and $4.18 million to Carrollton
The Missouri Department of Resources has awarded $1.36 million in financial assistance to the City of Meadville for upgrades to its wastewater collection and treatment system. The total project cost is estimated at $1.86 million and is expected to be complete by April 2022. Missouri DNR has also awarded $4.18 million to the City of […]
Missouri State Auditor issues latest monthly report on Missouri’s use of federal stimulus dollars received through CARES Act funding
State Auditor Nicole Galloway today released her eighth monthly report detailing the state government’s use of federal stimulus dollars intended for the COVID-19 response. In March, Auditor Galloway announced that her office would examine the state’s distribution and spending of funding received under the CARES Act and other federal assistance programs recently passed by Congress. […]
Great Northwest Day at the Capitol to be held as virtual event in 2021
The Great Northwest Day at the Capitol will go virtual this year due to the COVID-19 pandemic. The Great Northwest Live Event will advocate regional priorities with state legislators from February 1st through 3rd. Participants are encouraged to ask questions on the Great Northwest Day at the Capitol Facebook page. The schedule includes a legislative […]
Nearly $127 million in fiscal year 2021 funds released to the state of Missouri
Governor Mike Parson announced the release of $126,921,606 in previously restricted Fiscal Year 2021 funds, including $117,460,583 in general revenue. “Thanks to our Show Me Strong Recovery Plan, we continue to outpace our economic recovery forecast, which is why were are able to release these funds today,” Governor Parson said. “This is great news for […]
Year In Review: Missouri’s Governor highlights successes in 2020
As 2020 comes to a close, Governor Mike Parson highlights the state’s many successes and accomplishments despite the challenges of the past year. “Although 2020 has brought many challenges, we remained committed to serving the people of this state and moving Missouri forward,” Governor Parson said. “We still made great strides in advancing Missouri’s economy, workforce, and […]
Audio: North Central Missouri Development Alliance calls business retention the foundation of economic development
North Central Missouri Development Alliance Director Micah Landes calls business retention the foundation of economic development. She says it does not make sense for an organization to use time and resources to attract new businesses if the organization is not helping existing businesses. Landes also calls locally-owned businesses the “lifeblood” of a stable economy. Grundy […]
State of Missouri recognizes National Small Business Week
This week, the state of Missouri joins many others across the nation in recognizing National Small Business Week. Small businesses have a major impact on Missouri’s economy, as more than 45 percent of employed Missourians receive a paycheck from working at a small business. In 2019, Missouri’s small businesses created 13,855 net new jobs. More […]
Trenton City Council approves wage increase for police department; approves preparing ordinance calling for “Use Tax” vote
The Trenton City Council Monday night voted to have an ordinance prepared to call for a public vote on a proposed local use tax within the city of Trenton. The council also approved recommended wage increases for the Trenton Police Department in an effort to attract candidates for police officer. Both topics had gone to […]
North Central Missouri Regional Water Commission confirms receipt of $25 million award from NRCS
The North Central Missouri Regional Water Commission was notified of an award of $25 million from the Natural Resources Conservation Service to fund the design and construction of the East Locust Creek Reservoir. In addition, Senator Roy Blunt announced the approval of an appropriation from the Senate Appropriations Committee, of which he is a member, […]
USDA invests $25 million in East Locust Creek Reservoir Project
The U.S. Department of Agriculture has invested an additional $25 million in the East Locust Creek Reservoir Project. “This investment in the East Locust Creek Reservoir Project is great news for families, farmers, and local businesses,” said Senator Roy Blunt. “These additional resources will get us one step closer to finishing the project and bringing […]
Economic Development Committee to recommend public vote on “use” tax for Trenton
A committee composed of four members of the Trenton City Council has voted to recommend a public vote on enacting a local “use” tax for the city. The Economic Development Committee on Monday evening discussed the possibility before voting to send a recommendation to the full city council to put the issue on next April’s […]
Trenton Economic Development Committee to meet Monday evening
The agenda for a meeting of the Trenton City Council’s Economic Development Committee on Monday evening, November 16, 2020, includes reports from Micah Landes of the North Central Missouri Development Alliance and Megan Taul of Main Street Trenton. Other items on the agenda are the discussion of a use tax and an update from the […]
NCMDA board member Jackie Soptic: “Technology and internet revolutionize economic development”
North Central Missouri Development Alliance Board Member Jackie Soptic says technology and the internet have revolutionized economic development. Site selectors and companies can visit a location from their home or office by reading statistics and demographic information. The United States Census also provides data on demographics. Soptic says that data should be used […]
Audio: KTTN to begin airing weekly series on economic development for Trenton and Grundy County
KTTN today begins airing a series of weekly informational programs about economic development on KTTN-FM 92.3. Each one will be pre-recorded by a representative of the North Central Missouri Development Alliance. This is scheduled to air at approximately 9:20 on Thursday mornings, with the initial program including information on the history and establishment of the […]
Trump administration invests more than $250,000 to support rural Missouri communities
The Trump Administration, along with the Department of Agriculture Rural Development State Director for Missouri Jeff Case, today announced that the USDA is investing $254,621 in Rural Community Development Initiative grant funds to bolster rural housing, community programs, and economic development. “The USDA Rural Development RCDI program capitalizes on public/private partnerships to provide training and […]