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Economy
Category archives for: Economy

With Medieval Wit and Drama, “Lion in Winter” Ends City Repertory’s Second Season

| May 17, 2013

James Goldman’s “Lion in Winter”–opening at Palm Coast’s City Repertory Theatre this weekend–may be set in a Medieval Christmas, but the themes are as contemporary as family love, quarrels, mistresses and jealousies, and the action blazes with humor and passion.

Flagler’s Jobless Rate Drops to 9.3% as Local Employment Grows; Florida’s Falls to 7.2%

| May 17, 2013

Florida’s unemployment rate fell sharply from the previous month, to 7.2 percent in April, as 17,000 jobs were created statewide, bringing the unemployment rate to its healthiest level since September 2008, when it was 7 percent. It also brings Florida’s rate below the national rate of 7.5 percent. In Flagler County, the rate fell two decimal points, to 9.3 percent, spurred by growth both in jobs and in the local labor force.

Florida Loses Out on Amazon Deal, and Up to 3,000 Jobs, Over Sales Tax Fumes

| May 16, 2013

In a statement issued Thursday, Gov. Rick Scott’s administration implied that if Amazon were to locate in Florida and begin collecting taxes, that would amount to a tax increase on Florida residents who use the popular shopping portal.

Speculative Bust: How Widening Old Kings Road Left Palm Coast on Hook for $6.7 Million

| May 16, 2013

Palm Coast borrowed millions from its own utility fund to complete the Old Kings Road widening on the assumption that the economy would pick up and enable the city to re-finance with bonds. That never happened. Now the city is looking to recoup its money from property owners along the road, who’d agreed to a special taxing district but with optimistic assumptions of their own that never panned out.

Record $288 Million in Taxpayer Cash Flows to Florida’s Cargo and Pleasure Cruise Ports

| May 16, 2013

Florida’s seaports are set to embark on a massive round of 26 waterfront and transit upgrades as Florida seeks to expand its trade with partners in Central America and South America, while working to attract more Asian traffic that has grown via the Suez Canal and the expansion of the Panama Canal approaches completion.

Ending 3rd Budget Drag-Out in 8 Days, School Board Settles on $1.8 Million in Cuts

| May 14, 2013

After 13 hours of at times harrowing debate, the Flagler County School Board by Tuesday evening settled on $1.8 million in cuts, sparing most programs but not Everest alternative school. The cuts will be restored should voters approve a tax referendum on June 7.

In Flagler Beach, a First Friday Flare-Up Derails a Hot-Rod Idea, Cautioning Businesses

| May 13, 2013

Flagler Beach has been urging businesses to get involved in planning First Friday events. A restaurant owner did, only to see her initiative–a hot rod contest judged by commissioners–cancelled, costing her $1,000, over questions Commissioner Steve Settle raised about the legality of Commissioner Jane Mealy’s judging the auto contest.

Jim Saunders Is News Service of Florida’s New Executive Editor, Replacing David Royse

| May 13, 2013

The News Service of Florida announced the promotion of Jim Saunders to executive editor on Monday (May 13), putting him in charge of the daily news report. He is taking over that role from founding executive editor David Royse, who will become associate editor of special projects for the News Service.

Its Value $26 Million in the Hole, Bunnell Rethinks Downtown Redevelopment Zone

| May 13, 2013

Bunnell established its 800-acre downtown redevelopment zone in 2007, assuming that most tax revenue generated there could then be reinvested in the area to reinvigorate it. Instead, property values fell $26 million in the zone, forcing the city to rethink the CRA’s viability.

Despite Snubbing Obamacare, Florida Gets Thousands of Jobs and Cash from Health Act

| May 13, 2013

Even though Florida officials tried to block the implementation of the Affordable Care Act at every turn over the past three years, the state will gain millions in grants and hundreds of new jobs this year from its implementation.

Pink Ladies in a Mud Run, On the Other Side of Flagler’s Beaches

| May 10, 2013

Mud runs in Flagler County–such as Saturday’s FL.ROC Mud Run on Cemetery Road in Bunnell–are a mostly unknown sub-specialty of Flagler County special events. Casey Ryan takes you into the mud on her October run, as she prepares for Saturday’s.

Sheriff Opens Palm Coast Precinct at City Market Place, Halving Cost, Not Space Needs

| May 10, 2013

On Friday, the Sherif’s Office office opened its newest Palm Coast precinct, at City Market Place, a two-storefront 2,600-square foot space at $2,.000 a month that’ll add new life to the struggling shopping center in the heart of town, and a few doors down from the Palm Coast city offices.

Closing Schools a Possibility With or Without Referendum as District Closes Budget Gap

| May 9, 2013

The Flagler County School Board found the $1.8 million in cuts it needed to balance its books Thursday, but was also told that closing Indian Trails Middle, Wadsworth Elementary or Old Kings Elementary may become necessary by 2014-15 if enrollment declines persist.

Florida Hospital CEO David Ottati, Major Force in Local Economy, Leaving for Tavares

| May 8, 2013

David Ottati, the CEO at Florida Hospital Flagler for the past seven years, where he oversaw a vast expansion that increased hospital employment past 1,000 and helped cushion the local economy’s severe downturn of the past few years, will be leaving the hospital to take a new post as CEO of the 269-bed Florida Hospital Waterman in Tavares, in Central Florida, in early June.

Airport Auto Sales
State Road 100 & Midway Drive, Palm Coast, (386) 437-2403

| May 5, 2013

Airport Auto Upholstery has the best local selection of used cars in Flagler County. Airport Auto Upholstery provides quality upholstery work on your car interior, airplanes, boat, furniture and convertible tops. Located on State Road 100 and Midway Drive in Palm Coast, call (386) 437-2403.

Jacksonville Symphony’s Sunday Concert in Town Center Cancelled

| May 4, 2013

The Palm Coast Arts Foundation’s 7th Picnic and Pops concert with the Jacksonville Symphony Orchestra will feature the usual favorites, surprises and a celebration to Cinco de Mayo as the big event takes over Palm Coast’s Central Park on May 5.

Flagler’s Tourism Industry Takes Its Pulse, Declares Itself Healthy, and Cheers Its “Heroes”

| May 3, 2013

In Flagler County, 2,600 people work in tourist businesses, which have weathered the recession and are seeing strong, sustained activity. Flagler County’s annual Hospitality Employees Recognition of Excellent Service (or H.E.R.O.E.S.) awards lunch at the Hammock Beach Resort Thursday was an occasion for the county’s tourism industry to cheer its own.

Grinding Down: U.S. Unemployment Falls to 7.5% as 165,000 Jobs Are Created

| May 3, 2013

The national unemployment rate ticked down to 7.5 percent in April, from 7.6 percent in March, as the economy added 165,000 jobs, a bit more than analysts had predicted. But job-creation figures for the two previous months were revised upward, with 332,000 jobs created in February (instead of 268,000) and 138,000 in March (instead of 88,000).

Attempt to Rein In FPL and Progress Energy’s Ghost Construction Fees Evaporates

| May 2, 2013

The changes in the nuclear cost bill establish a series of benchmarks for a utility seeking to build a nuclear power plant to follow in order to impose pre-construction fees. But the amendment also removed a provision that would have required the companies to refund money if they halted their plans.

Can’t Say It’s Not Producing: Flagler’s Economic Arm Lands 4th Firm in 11 Months

| May 1, 2013

Gioia Sails South, a supplier of boat interiors for Sea Ray Boats, will move 30 jobs to Palm Coast and create 10 more in the coming year, the latest success for the county’s Economic Development Council.

Forget Rio: Palm Coast Lands Soccer Academy in Planned Expansion of Economic “Niche”

| April 30, 2013

The New Jersey-based Player Development Academy will build up to six fields on 65 acres west of U.S. 1 that will link with the Indian Trail Sp[orts Complex–and with Palm Coast’s sports-niche market, which has turned into an engine of economic development.

East Coast Premier Properties
(386) 503-0973
Beach Haven, Oceanside Neighborhood Living

| April 29, 2013

East Coast Premier Properties’ Beach Haven, Oceanside Neighborhood Living is located on an inspirational stretch of beach between the Intracoastal Waterway and the Atlantic Ocean, in Flagler County north of Palm Coast, a neighborhood of just 190 single-family homes and abundant natural beauty.

Senate Passes Bill Forbidding Local Measures That Would Ensure Sick Leave for Workers

| April 26, 2013

A Florida House bill supported by the Florida Chamber of Commerce, Disney and other industry and corporate groups would forbid local governments from passing living wage ordinances or require employers contracting with government to provide paid sick leave. A Senate amendment would leave those decisions to local governments.

County Is Negotiating Acquisition of Old Hospital in Bunnell for New Sheriff’s HQ

| April 25, 2013

Memorial Hospital Flagler’s dead years may be over if its current owners, who are politically well connected locally, can agree on a sales deal to Flagler County. The property is listed for sale at $1.75 million. It was acquired in 2006 for $750,000.

Flagler County’s Budget Outlook Adds Up To $8 Million Gap and Likely Tax Increase

| April 24, 2013

It’s difficult to see how Flagler commissioners will emerge from the budget process in September without either a substantial tax increase of one type or another or vast cuts in county services, though they began taking on sacred cows, such as consolidating fire departments.

Publix’s Profitable Accommodation With Poverty: Not a Penny More for Tomato Pickers

| April 23, 2013

The Coalition of Immokalee Workers has been trying for years to get Publix to join the Fair Food Coalition, in which suppliers and purchasers agree to pay the workers a penny more per pound of tomatoes picked. Publix won’t even meet with the workers.

Flagler School District Hones Its Sales Pitch for New Tax Ahead of June 7 Referendum

| April 22, 2013

The Flagler school district is campaigning for the June 7 referendum on a new property tax for schools with a “You Decide” approach that emphasizes restoring time to the school day and reinforcing school security in spite of cuts in state funding.

Waiting for Godot’s Funnier Version: “Line” Opens at City Repertory Tonight

| April 19, 2013

“Line” is the longest-running off-off Broadway play in history, a funny blend of the wit and philosophy, and what it means to be first. It opens at Palm Coast’s City Repertory Theatre tonight, and runs for just six performances this weekend and next.

Flagler Lands Its 1st Statewide Horseshoe Pitching Tournament at New Old Dixie Park

| April 19, 2013

The Flagler County Horseshoe Pitching Club will host a Florida-wide horseshoe tournament at the 18-pit Old Dixie Park the county built last year. The tournament is another addition to a growing list of specialty sports tournaments bringing visitors the county.

Milestone: Flagler’s Unemployment in Single-Digits, at 9.5%, for 1st Time in 5 Years

| April 19, 2013

For the first time since June 2008–almost five years–Flagler County’s unemployment has fallen back to single digits, registering 9.5 percent in March as the local economy continued to mirror the state’s and the nation’s, improving slowly but steadily.

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