Now this is a recovery package with local impact. Great work, LANB!
http://www.bizjournals.com/albuquerque/stories/2009/03/23/daily63.html
Monday, March 30, 2009
Wednesday, March 11, 2009
Buy Into It! (Or How to Stimulate the Economy 101)
This just in . . . Buying Local is the New Stimulus Package . . .
Backed by local media businesses, including Hutton Broadcasting, The Santa Fe New Mexican, the Santa Fe Reporter and Journal Santa Fe, as well as such commercial organizations as the Santa Fe Alliance and the Santa Fe Chamber of Commerce, the campaign is meant to bolster Santa Fe firms coping with a faltering economy.
..."Every purchase made locally means 45 percent of that amount stays in the community," she said, "while if you buy at a big-box store" based out of state, "only 13 percent of the purchase price stays in the community."
She concluded her remarks with the exhortation to "buy local, eat local, hire local."
A local purchase increases the number of times that dollars circulate in the local economy, multiplying their reach and impact and increasing overall demand, according to Kate Noble, of the city's Economic Development Division.
Read the whole article here: http://www.santafenewmexican.com/SantaFeNorthernNM/Keeping-Santa-Fe-afloat
3/10/2009 - 3/11/09
What supporters hope will be Santa Fe's own economic-stimulus program kicked off on a windy Tuesday afternoon on the Plaza with a simple message: Buy local.Backed by local media businesses, including Hutton Broadcasting, The Santa Fe New Mexican, the Santa Fe Reporter and Journal Santa Fe, as well as such commercial organizations as the Santa Fe Alliance and the Santa Fe Chamber of Commerce, the campaign is meant to bolster Santa Fe firms coping with a faltering economy.
..."Every purchase made locally means 45 percent of that amount stays in the community," she said, "while if you buy at a big-box store" based out of state, "only 13 percent of the purchase price stays in the community."
She concluded her remarks with the exhortation to "buy local, eat local, hire local."
A local purchase increases the number of times that dollars circulate in the local economy, multiplying their reach and impact and increasing overall demand, according to Kate Noble, of the city's Economic Development Division.
Read the whole article here: http://www.santafenewmexican.com/SantaFeNorthernNM/Keeping-Santa-Fe-afloat
Tuesday, March 10, 2009
Leveling the Corporate Tax Playing Field
The Santa Fe Alliance has joined a coalition in support of corporate tax reform and investing in New Mexico's economy now.
A coalition of small businesses, advocacy groups, labor unions, religious leaders, and physicians will join several legislators at the Roundhouse at 10am Wednesday March 11 to urge support for SB 648 (corporate tax reform) and HB 742 (increasing the tax on cigarettes). Together, the bills would raise $100 million in new revenue while cutting taxes for more than 7,000 small New Mexico businesses.
The new revenue could keep some budget cuts at bay, thus investing in the state's economy via spending on critical programs. The tax cuts would also help small New Mexico businesses that are struggling and make them more competitive with large, out-of-state corporations.
"When the budget is tight the automatic response is often to cut spending," said Senator Peter Wirth (D-Santa Fe), one of the bill's sponsors. "Cutting funding for programs like education, children's health care, and public safety hurts New Mexico's families in the best of times, but it's very detrimental in tough financial times."
Bill Jordan, Policy Director for New Mexico Voices for Children, concurred. "Budget cuts mean job cuts, and that's the last thing we should be doing in an economic downturn," he said. "We also need to support New Mexico businesses, which put hundreds of thousands of New Mexicans to work every day. Sen. Wirth's corporate tax reform bill would allow us to do both."
"This is not only going to level the playing field for our locally owned businesses in New Mexico, it's going to invest in our own economy and create the stimulus we need right now," said Vicki Pozzebon, Executive Director of the Santa Fe Alliance, the nonprofit business organization of over 600 locally owned businesses that has supported the tax reform bill for several years.
HB 742 will also accomplish multiple goals. "By raising the tax on cigarettes we can bring in some much-needed revenue while discouraging youngsters from taking up smoking," said Rep. Bobby Gonzales (D-Taos), the bill's sponsor. "The Surgeon General has said that this is the most effective way to keep kids from smoking, and that also saves us on public health costs in the long run," he added.
The legislators pointed to a poll conducted by Brian Sanderoff in January that showed strong public support among New Mexicans for increasing the tax on cigarettes. The vast majority of those polled did not favor budget cuts to public education.
The coalition of groups in support of both bills include NM Voices for Children, AFSCME, AFT New Mexico, NM Federation of Labor/AFL-CIO, Santa Fe Alliance, NM Conference of Catholic Bishops, NM Conference of Churches, Primary Care Association, and NM Pediatric Society.
A coalition of small businesses, advocacy groups, labor unions, religious leaders, and physicians will join several legislators at the Roundhouse at 10am Wednesday March 11 to urge support for SB 648 (corporate tax reform) and HB 742 (increasing the tax on cigarettes). Together, the bills would raise $100 million in new revenue while cutting taxes for more than 7,000 small New Mexico businesses.
The new revenue could keep some budget cuts at bay, thus investing in the state's economy via spending on critical programs. The tax cuts would also help small New Mexico businesses that are struggling and make them more competitive with large, out-of-state corporations.
"When the budget is tight the automatic response is often to cut spending," said Senator Peter Wirth (D-Santa Fe), one of the bill's sponsors. "Cutting funding for programs like education, children's health care, and public safety hurts New Mexico's families in the best of times, but it's very detrimental in tough financial times."
Bill Jordan, Policy Director for New Mexico Voices for Children, concurred. "Budget cuts mean job cuts, and that's the last thing we should be doing in an economic downturn," he said. "We also need to support New Mexico businesses, which put hundreds of thousands of New Mexicans to work every day. Sen. Wirth's corporate tax reform bill would allow us to do both."
"This is not only going to level the playing field for our locally owned businesses in New Mexico, it's going to invest in our own economy and create the stimulus we need right now," said Vicki Pozzebon, Executive Director of the Santa Fe Alliance, the nonprofit business organization of over 600 locally owned businesses that has supported the tax reform bill for several years.
HB 742 will also accomplish multiple goals. "By raising the tax on cigarettes we can bring in some much-needed revenue while discouraging youngsters from taking up smoking," said Rep. Bobby Gonzales (D-Taos), the bill's sponsor. "The Surgeon General has said that this is the most effective way to keep kids from smoking, and that also saves us on public health costs in the long run," he added.
The legislators pointed to a poll conducted by Brian Sanderoff in January that showed strong public support among New Mexicans for increasing the tax on cigarettes. The vast majority of those polled did not favor budget cuts to public education.
The coalition of groups in support of both bills include NM Voices for Children, AFSCME, AFT New Mexico, NM Federation of Labor/AFL-CIO, Santa Fe Alliance, NM Conference of Catholic Bishops, NM Conference of Churches, Primary Care Association, and NM Pediatric Society.
Monday, March 2, 2009
Buy Local, Eat Local, Grow it Local, Sell it Local – A Community Discussion on Localizing our Food and Renewable Energy Econunity Forum Tomorrow Night
The Santa Fe Alliance announces the launch of our Regional Food and Fuels Project
Join us for a community forum and discussion on the localization of our food and renewable energy systems in Northern New Mexico. Facilitated by leaders from Business Alliance for Local Living Economies (www.livingeconomies.org) and the Santa Fe Alliance. Refreshments generously provided by members of the Farm to Restaurant Project.
Sponsored by: BALLE, Stokes Family Foundation, McCune Charitable Foundation, Santa Fe County
- Where: SF Complex, 624 Agua Fria Street
- Directions: www.sfcomplex.org
- When: Tuesday, March 3
- Time: 5:00 to 8pm (networking and refreshments from 5-5:45pm; discussion forum 5:45 – 8pm)
Join us for a community forum and discussion on the localization of our food and renewable energy systems in Northern New Mexico. Facilitated by leaders from Business Alliance for Local Living Economies (www.livingeconomies.org) and the Santa Fe Alliance. Refreshments generously provided by members of the Farm to Restaurant Project.
- The Regional Food and Fuels Project will link rural and agricultural economic development to our urban economy in Santa Fe to localize our food system, increase food production by reducing costs through renewable energy projects, and connecting small rural areas to one another. This program also seeks to create green jobs, which will address Santa Fe Alliance's workforce development initiative needs as well.
Sponsored by: BALLE, Stokes Family Foundation, McCune Charitable Foundation, Santa Fe County
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