December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism...

24

TAGS:

Transcript of December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism...

Page 1: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.
Page 2: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

December 6, 2007

Page 3: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

• Tourism is the core of Bisbee’s Economy. As you will see, our efforts in Tourism have paid dividends in the last two years.

• Other aspects of our economy, principally consumer products, are actually a larger segment of our economy than Tourism. An analysis of Sales Tax Revenues shows that we are receiving the greatest amount of Sales Tax from the San Jose Area, followed by Old Bisbee. Consumer products may be the economic growth area of the immediate future.

• Job growth and creation are the greatest prospects for the long-term. Possible growth areas are the re-emergence of mining in the Bisbee area, along with economic development potential around the Airport and in San Jose.

Page 4: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

TourismTourism16 Annual Events in Bisbee

•Copper Classic Car Show•Coaster Race•Hard Rock Drilling and Mucking Contest•Great Bisbee Stair Climb•Bisbee Pride Weekend•Brewery Gulch Daze•Farmer’s Market •Garden Tour•Festival of Lights•Historic Home Tour•Holiday Bizarre•Bisbee Blues Festival•Vintage Wine Tasting•LaVuelta De Bisbee•Chocolate Tasting•Bisbee Gem and Mineral Show

Courtesy of Bisbee Arts Commission

Page 5: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

• 50,000 visitors annually

• Re-established the Bisbee Gem & Mineral Show this year, and will host 2 shows per year

• Currently renovating the gift shop and laying new rail.

• Now offering a wide variety of mineral specimens for sale

• New and different tours will be offered next year

TourismTourismAttractions

Website: www.queenminetour.com

Page 6: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

TourismTourismAttractions

Bisbee Mining and Historical Museum

• Former Phelps Dodge HQ

• A Smithsonian Affiliate

• Visit our newest attraction, “Digging In”

• Recently awarded $50k grant to renovate the first-floor exhibit.

website: www.bisbeemuseum.org

Page 7: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

TourismTourismAttractions

Turquoise Valley Golf Course and RV Park

Located just south of Bisbee, TV Golf Course is the oldest continuously operated golf course in Arizona.

TVGC also features the longest hole in Arizona, the par six, 747 yard “Rattler”.

TVGC also includes an RV Park with full hookups, and a full-service restaurant and bar with banquet facilities.

website: www.turquoisevalley.com

Courtesy TV Golf Course

Page 8: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

TourismTourism Other Attractions

• Lavender Jeep Tours

• Bisbee Restoration Museum

•Muheim Heritage House

• Lavender Pit

• 2.93 miles of stairs!

• Repertory Theater, currently closed but scheduled to re-open in January!

• and many more

Page 9: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

TourismTourismVisitor Center

• Operated by the City of Bisbee; and affiliated with the Arizona Office of Tourism and the Cochise County Tourism Council.

• Renovated this year, with new paint, carpet, counter space, office space, signage and displays ($10,000).

• Recently awarded $30,000 to increase technology for the visitors and for the employees and volunteers.

• Projected 57,600 (+ 13%) walk-in visitors, 6,100 (even) phone calls, 1,000 (+ 65%) e-mails, and 110,000 (+ 40%) website visitors in 2007.

• Advertised Bisbee in 10 publications, 3 electronic media outlets, 2 media websites, and brochures in visitor racks all over the western United States.

Page 10: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

Construction ProjectsConstruction Projects

Bakerville Drainage and Paving funded and being engineered

Arizona Street repaving scheduled for 1st Quarter of 2007

ADOT Roundabout Project is finally complete

Main Street Sidewalk Project scheduled for next Spring

Airport Runway Widening & Overlay project underway

Airport Fire Suppression System scheduled for 2008

Airport Runway Lighting Scheduled for 2008

Wastewater Re-use Project at TVGC is nearly complete

Page 11: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

Bakerville Drainage CDBG project engineering is nearly complete.

A new round of CDBG funds has recently been appropriated to continue drainage and repaving in this neighborhood.

Phelps Dodge is repaving the section of American Ave. (at right) as a part of their environmental remediation efforts in Bisbee.

Page 12: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

Arizona Street is in poor condition due to age, a new sewer line, and a new water line.

Earlier this year, the city was awarded a $2.2 million TIP grant for reconstruction, and a $0.5 million TEP grant to add landscape and pedestrian features.

Engineering is 30% compete, and construction is likely to begin in the Summer of 2008.

When completed, we look forward to a resurgence of commercial activity, and a return of the Main Street of Warren to its former grandeur!

Page 13: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

This ADOT project, completed in November 2007, provided new landscaping in the existing Roundabout. Sculptures of the 4 points of the compass have been installed.

The Roundabout provides a Hub and Gateway to all of the neighborhoods of Bisbee.

The two pictures on the left were taken one year apart.

Thank you ADOT for this wonderful improvement!

Page 14: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

Widening and Overlay of Runway 17-35 is currently underway. When completed, this $1.4 million project will allow larger aircraft to land here in Bisbee.

Runway Lighting and Airport Fire Suppression are future projects funded by the FAA, ADOT Aero, and the city over the next 2 to 3 years.

Look for the airport to become a valuable economic development asset in the coming years!

Pictures: Bill Siebold and Steve Pauken

Page 15: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

This project will use wastewater from the new San Jose Wastewater Plant to augment well water now being used to irrigate Turquoise Valley Golf Course.

Construction of this project is nearly complete and this $900,000 project is being totally funded by the Upper San Pedro Partnership.

Page 16: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

New DevelopmentNew DevelopmentSierra Cobre Estates: 56 residential units

Park Place Townhomes: 21 residential units

Crestview Subdivision: 40 residential units

Homestead Subdivision: 25 residential lots in phase 2

Naco Highway: 2.5 acre retail site of possible Dollar Store

Stephenson Annexation: Mixed-use, 40 acre master plan

Copper Leaf: possible 1000 acre master planned community

Harry Gellis Purchase: 16 acres at Naco Hwy. & Collins Road

None of the residential developments listed above are new since last year, reflecting market conditions and the housing slump.

Commercial activity is dependent on market conditions and growth. Our best prospects; new mining activity and easing of the housing slump.

Page 17: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

2007 Building Activity2007 Building Activity

As of 10/30/07

Building Permits

New Construction 6

Remodel 113

Residential Value, all permits $2,008,754

Commercial Value, all permits $3,687,517

Included in the Commercial Value are the remodeling of the Safeway Store and renovations of the Cochise County facilities on Quality Hill.

Residential construction activity is stable with activity of a year ago, perhaps reflecting the nationwide slump in new housing starts.

Page 18: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

Finance/BudgetFinance/Budget

Budget

Total Revenues/Exp.

General Fund Revenues/

General Fund Exp.

July-Oct. GF Actual Revenue

July-Oct. GF Actual Expend.

2007-08

$23,455,237

$6,449,430

$1,954,543

$1,947,441

2006-07

$18,338,713

$6,158,801

$1,630,243

$1,935,726

Page 19: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

Finance/BudgetFinance/Budget

The City of Bisbee provides at least as many municipal services as any small city in America. These include;

Street maintenance and repair

Solid waste collection and recycling

Wastewater collection and treatment

Parks and Recreation

Municipal airport

Building maintenance and repair

Law enforcement, investigation and crime prevention

Fire suppression, rescue and prevention

Emergency Medical Services

Page 20: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

Finance/BudgetFinance/Budget

Library Services

Legal Services

Community Development Services

Building and Zoning

Tourism Services (QMT & Visitor Center)

Administrative Services

The only municipal service we do not provide is water treatment and distribution.

We are proud to provide these vital services to the community.

Page 21: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

Finance/BudgetFinance/BudgetThe 2006-07 Fiscal Year ended with revenues about $100,000 in excess of expenditures. The good news is that early in the budget process, we projected that we would fall short by approximately $184,000.

The 2007-08 Budget projects that we will end the year

BALANCED! We are extremely optimistic about the financial future of Bisbee. Our core industry, Tourism, continues to flourish despite pessimism in other economic indices. We obtained about $4.5 million in revenues from grant sources, and continue to pursue these opportunities. In our enterprise funds, we are committed to operating like a business and maintaining self-sufficiency.

We are also committed to balanced, sustainable growth; both residentially and commercially. We will also continue to develop additional opportunities as they come our way.

Page 22: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

Looking Ahead - 2008Looking Ahead - 2008

City Council and Staff are looking forward to another great year in 2008. There are many challenges ahead; continuing to rebuild our infrastructure, continuing to support and improve Tourism as our core industry, diversifying our economy through new opportunities, improving the quality of municipal services you receive, paying for the wastewater project, dealing with new development, increasing our tax base and remaining fiscally sound.

We are invigorated by the potential to be better. Getting better is hard work because it involves change. We believe we are up to it.

Thanks for participating in the Bisbee Economic Focus. We are happy that you care enough about our community to attend.

Oh, and one more thing…

Page 23: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

From your Mayor & City Council

City Manager and StaffArtwork by Jim Disney, Loveland, ColoradoOrnament to be placed on the 2007 White House Tree

Page 24: December 6, 2007 Tourism is the core of Bisbees Economy. As you will see, our efforts in Tourism have paid dividends in the last two years. Other aspects.

www.cityofbisbee.com

www.discoverbisbee.com

Ronald R. Oertle, Mayor

Stephen J. Pauken, City Manager

118 Arizona Street

Bisbee, AZ 85603

(520) 432-6000

http://www.cityofbisbee.com/
http://www.discoverbisbee.com/

Caution: The form, instruction, or publication you are ...902 (deemed paid credits with respect to dividends) and amended section 960 (deemed paid credits for subpart F inclusions

Caution: The form, instruction, or publication you are ...902 (deemed paid credits with respect to dividends) and amended section 960 (deemed paid credits for subpart F inclusions

cherieaccountingschool.files.wordpress.com  · Web viewDividends Per Share (DPS) – No dividends per share were paid out in 2016 & 2017. There was quite a high amount paid out in

cherieaccountingschool.files.wordpress.com  · Web viewDividends Per Share (DPS) – No dividends per share were paid out in 2016 & 2017. There was quite a high amount paid out in

Tax Facts & Figures - PwCNo withholding tax is deductible from dividends paid to resident individuals if paid out of profits derived by the company prior to July 1, 1992. However,

Tax Facts & Figures - PwCNo withholding tax is deductible from dividends paid to resident individuals if paid out of profits derived by the company prior to July 1, 1992. However,

Leading - AnnualReports.com€¦ · P.O. Box 64854 St. Paul, MN 55164-0854 Dividends Quarterly dividends on 3M common stock typically are paid on or about the 12th of March, June,

Leading - AnnualReports.com€¦ · P.O. Box 64854 St. Paul, MN 55164-0854 Dividends Quarterly dividends on 3M common stock typically are paid on or about the 12th of March, June,

A.B.N. 41 092 223 240 A.C.N. 092 223 240 Grosvenor Place · acceptable levels of fully franked dividends. From the shareholders’ viewpoint, the receipt of unfranked dividends paid

A.B.N. 41 092 223 240 A.C.N. 092 223 240 Grosvenor Place · acceptable levels of fully franked dividends. From the shareholders’ viewpoint, the receipt of unfranked dividends paid

Broo Limited For personal use only - ASX · 2019-09-30 · management of hospitality venues. Dividends There were no dividends paid, recommended or declared during the current or

Broo Limited For personal use only - ASX · 2019-09-30 · management of hospitality venues. Dividends There were no dividends paid, recommended or declared during the current or

DIVIDENDS WITH OPTIONS - Computershare Documents/Dividends … · Dividends with Options ... › Distributions of Dividends with Options ... › Physical mail › Manual reconciliation

DIVIDENDS WITH OPTIONS - Computershare Documents/Dividends … · Dividends with Options ... › Distributions of Dividends with Options ... › Physical mail › Manual reconciliation

DIVIDENDS - SmallCapAsia · The Little Book That Builds Wealth, in which Pat Dorsey, ... Dividends fell out of favor until recently, because corporate executives were paid bonuses

DIVIDENDS - SmallCapAsia · The Little Book That Builds Wealth, in which Pat Dorsey, ... Dividends fell out of favor until recently, because corporate executives were paid bonuses

Why Intel Investments in SEO Paid Dividends on Pinterest By Scott Jaworski and Laura Mitchell

Why Intel Investments in SEO Paid Dividends on Pinterest By Scott Jaworski and Laura Mitchell

Israel - pkf.com · Dividends received from non-resident companies are fully liable to company tax at the rate of 25%. Dividends paid to a non-resident shareholder are subject to

Israel - pkf.com · Dividends received from non-resident companies are fully liable to company tax at the rate of 25%. Dividends paid to a non-resident shareholder are subject to

Annual Report 2015 - Bendigo Bank · Year ended 30 June 2015 Cents Per Share $ Dividends paid in the year - final dividend: 5.0 19,563 Dividends declared during the year: 4.5 17,607

Annual Report 2015 - Bendigo Bank · Year ended 30 June 2015 Cents Per Share $ Dividends paid in the year - final dividend: 5.0 19,563 Dividends declared during the year: 4.5 17,607

For personal use only · 2015-08-27 · nil) per fully paid share fully franked paid on 24 April 2015 7,004 - Total dividends paid 14,591 - In addition to the above dividends, since

For personal use only · 2015-08-27 · nil) per fully paid share fully franked paid on 24 April 2015 7,004 - Total dividends paid 14,591 - In addition to the above dividends, since

Astron Limited – Half Year Report · Final - paid 12 December 2007 n/a 12,087 Final - paid 12 December 2008 6,490 n/a 6,490 12,087 All dividends reflected as distributions above

Astron Limited – Half Year Report · Final - paid 12 December 2007 n/a 12,087 Final - paid 12 December 2008 6,490 n/a 6,490 12,087 All dividends reflected as distributions above

Long Term Liabilities. Capital Structure Debt Financing - Bonds ◦ Interest is tax deductible Equity Financing - Stocks ◦ Dividends paid is not tax.

Long Term Liabilities. Capital Structure Debt Financing - Bonds ◦ Interest is tax deductible Equity Financing - Stocks ◦ Dividends paid is not tax.

Comparison of Holding Regimes in Europe, Middle East … · Withholding Tax on dividends paid to EU parent company (EU directive) Withholding Tax on dividends paid to US parent company

Comparison of Holding Regimes in Europe, Middle East … · Withholding Tax on dividends paid to EU parent company (EU directive) Withholding Tax on dividends paid to US parent company

Holdings Limited... · Dividends: Final for 2014 paid Interim for 2015 paid Final for 2015 proposed Total transactions with owners Transfer from life fund Transfer from subsidary

Holdings Limited... · Dividends: Final for 2014 paid Interim for 2015 paid Final for 2015 proposed Total transactions with owners Transfer from life fund Transfer from subsidary

2006 DBS&subs Fin stmt Proforma · 2020. 3. 10. · Final dividends paid for previous year (189) (189) Interim dividends paid for current year (462) (462) Balance at 31 December 2005

2006 DBS&subs Fin stmt Proforma · 2020. 3. 10. · Final dividends paid for previous year (189) (189) Interim dividends paid for current year (462) (462) Balance at 31 December 2005

annual report 2010 - Bendigo Bank · Year Ended 30 June 2010 Dividends Cents $ Final dividends recommended 8 $42,584 Dividends paid in the year: As recommended in the prior year report

annual report 2010 - Bendigo Bank · Year Ended 30 June 2010 Dividends Cents $ Final dividends recommended 8 $42,584 Dividends paid in the year: As recommended in the prior year report

d1zzssn32v8b7a.cloudfront.net€¦ · entitles token holders to receive both, weekly and end-of-year dividends. Dividends are paid in Ethereum (ETH). Spectre.ai's trading platform

d1zzssn32v8b7a.cloudfront.net€¦ · entitles token holders to receive both, weekly and end-of-year dividends. Dividends are paid in Ethereum (ETH). Spectre.ai's trading platform

Taxation on Dividends & Dividends

Taxation on Dividends & Dividends