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Economy

To Ward Off Senility, Make That Bed: UF Researchers’ Advice to the Medicare Generation

August 11, 2011 | FlaglerLive | Leave a Comment

University of Florida researchers have used laboratory-based methods to objectively measure the amount of energy older adults use up as they go about their daily activities. Activity means less senility.

Like Palm Coast, Bunnell Wrestles With Gambling Posing as Games–and Punts

August 10, 2011 | FlaglerLive | 15 Comments

Some define internet cafes as gambling. Some define it as business. Some define it as nobody’s business but their own. A 3-2 vote of the Bunnell City Commission sent the matter to the sheriff with a question: if it’s gambling, would he arrest its practitioners?

Why Palm Coast Doesn’t Want To Lower Your $239 Garbage Rate and Bid Out the Contract

August 10, 2011 | FlaglerLive | 15 Comments

Palm Coast skims off $700,000 from its annual $7 million contract with Waste Pro. Cheaper garbage rates for customers means less money for the city, which is partly why the city is resisting bidding out the contract.

Reminder: Florida’s Sales Tax Holiday Is This Weekend: Here’s A Guide

August 10, 2011 | FlaglerLive | Leave a Comment

florida sales tax holiday 2011

Florida’s Tax Free Days, or sales tax holiday, is scheduled this year for August 12 through August 14. The sales tax exemption applies to clothing and school supplies. A complete guide.

Palm Coast to Raise Tax Rate 14% and Eliminate Stormwater Cost Exemption for Many

August 9, 2011 | FlaglerLive | Leave a Comment

Most city services and jobs are protected in a proposed budget that will raise taxes enough to bring in almost as much revenue next year as it did this year, with shifts in sales tax dollars to subsidize the general revenue fund.

When France Has a Better Credit Rating Than the United States

August 9, 2011 | FlaglerLive | 12 Comments

Liberty, equality, credit rating: Eugene Delacroix's 'La Liberté guidant le peuple,' Liberty Guiding the People (1830), at the Louvre.

What does it mean to the United States when France and Britain are considered safer destinations for investors by credit rating agencies such as Standard & Poor? It shouldn’t mean much. But it’s not always about what’s rational.

A Divided County Commission Votes 3-2 To End Support for Enterprise Flagler

August 8, 2011 | FlaglerLive | 10 Comments

Alan Peterson, Nate McLaughlin and Milissa Holland agreed to end support for Enterprise Flagler after David Ottati, the agency’s president, made his pitch for an up-or-down vote.

As Proposed County Budget Kills Enterprise Flagler, Ottati Asks for Up Or Down Vote

August 7, 2011 | FlaglerLive | 7 Comments

Mired in disarray, economic development’s future in Flagler County is mobilizing around two competing plans–the county’s and enterprise Flagler’s–with Enterprise Flagler asking for a vote and Palm Coast still sitting it all out.

Florida’s Nuclear Energy Scamming: It’s Not Rickover’s Atomic Power Program Anymore

August 7, 2011 | FlaglerLive | 13 Comments

Customers should not have to pay decades ahead of time for Florida Power & Light’s and Progress Energy’s future nuclear power plans, especially when they may not be built, argues Darrell Smith.

FPL and Progress Energy Again Asking To Pass Along Ghost-Nuke Plant Costs

August 6, 2011 | FlaglerLive | 14 Comments

The shape of Florida Power & Light's and Progress Energy's nuclear power shakedown. (Michal Brcak)

Florida Power & Light and Progress Energy Florida are seeking to pass along about $335 million in nuclear costs to customers next year, largely to cover costs of nuclear plants that won’t be built for 10 years or more.

Kisses, Spoofs, Puns and Rap Run Wild in Repertory Theatre’s Shakespearean Vaudeville

August 5, 2011 | FlaglerLive | Leave a Comment

Kaylee Rotunno and Tyrique Harper practice Shakespearean tongue-twisters under Agata Sokolska's reprouving eyes. (© FlaglerLive)

Director John Sbordone’s first workshop production this weekend at the Repertory Theatre’s stage, at Hollingsworth Gallery, dares grope where no Shakespeare has versed before. It’s high-energy hilarity.

Fact Check: The Economy By the Numbers

August 5, 2011 | FlaglerLive | 5 Comments

A sobering look at the real economy’s numbers broken down in easy-to-chew bullet points, from national to local numbers. Spam can not included.

Less Dire Than Feared: Economy Adds 117,000 Jobs, Unemployment Falls to 9.1%

August 5, 2011 | FlaglerLive | 4 Comments

jobs unemployment july 2011 graph

Defying expectations, the national economy added 117,000 jobs in July. Figures for May and June were revised upward to add 56,000 jobs to those two months’ totals, and the overall unemployment rate fell back to 9.1 percent, from 9.2.

Florida Hospital Flagler’s David Ottati Is Among Northeast’s Ultimate CEO Award Winners

August 4, 2011 | FlaglerLive | 5 Comments

David Ottati and the Ultimate Award in his office, a few hours after after receiving it in Jacksonville. (© FlaglerLive)

The Jacksonville Business Journal’s fifth annual Ultimate CEO Award drew some 40 nominations from northeast Florida. Ottati, Florida Hospital Flagler’s CEO for the past five years, was among 13 winners.

Public Money, Public Purpose, Closed Doors: Enterprise Flagler and Chamber Carry On

August 4, 2011 | FlaglerLive | 16 Comments

flagler county chamber of commerce enterprise flagler

In a closed-door session, the Flagler Chamber of Commerce is hosting a delegation from Enterprise Flagler today to discuss economic development plans that would be publicly funded and publicly governed.

Palm Coast Council Shocked, Shocked To Hear It Ever Had $10 Million for City Hall

August 3, 2011 | FlaglerLive | 33 Comments

It was not originally presented to the Palm Coast City Council as a pie in the sky, but as aconcrete project. Jim landon now says the city never had the $10 million. The chart is from his staff's presentation to the council last year.

The Palm Coast city administration now says that it never had $10 million to build a city hall. The copious record on the matter says otherwise, raising questions about the city’s numbers and verbal shell games.

Condo No-Go: Florida Cabinet Sides With Flagler County Over Hammock Dunes

August 2, 2011 | FlaglerLive | 10 Comments

In a victory for Flagler County, the Florida Cabinet unanimously approved a judge’s order that blocks Ginn-Lubert Adler’s plan to build an oceanfront condominium and hotel at Hammock Dunes, near the 16th Road public park and beach.

Hammock Dunes Showdown: Flagler and Developer Battle Before Florida Cabinet

August 2, 2011 | FlaglerLive | Leave a Comment

Ginn-Lubert Adler and investors want to build a 77-foot hotel and significantly increase the residential density in an area adjoining the public beach by 16th Rd. in the Hammock. Flagler County is opposed. The two sides are arguing their case before the Florida Cabinet today.

Palm Coast Data CEO John Meneough Resigns After 15 Years As Company Struggles

August 1, 2011 | FlaglerLive | 29 Comments

john Meneough

John Meneough, 62, had been with Palm Coast Data in its various incarnations since 1996. A successor has not been named. Meneough’s resignation is part of broader changes at Palm Coast Data parent Amrep Corp.

Palm Coast’s Fireworks, Canceled on July 4, Are Now Leveraged Over 3 Fall Dates

August 1, 2011 | FlaglerLive | 2 Comments

The $15,000 subsidy to Palm Coast will be split over fireworks shows on Labor Day and the two evenings of the city’s seafood festival in early November.

Public Employees Retire in Droves as Florida Pension System Narrows Incentives to Work

July 31, 2011 | FlaglerLive | 28 Comments

about schmidt florida retirement system

About 10,100 people chose to enter retirement or exited the state’s deferred retirement plan ahead of new laws kicking in on July 1, an increase of more than 900 people from the same time last year.

GMAC Mortgage Machination: Don’t Have Document to Foreclose? Make It Up

July 30, 2011 | FlaglerLive | 2 Comments

When GMAC, one of the nation’s largest mortgage servicers, sought to foreclose on a homeowner last year and lacked a crucial document, the company just made one up, pointing to a pattern of deceptive filings to foreclose on homeowners.

With or Without Palm Coast, County Would Lead New Economic Development Council

July 29, 2011 | FlaglerLive | 18 Comments

The county’s proposal would mean the end of Enterprise Flagler and the creation of a 9-member council chaired by the county, with cities and private-sector membership overseeing a $410,000 budget. Palm Coast’s buy in is a question mark.

Health Reform Won’t Slow Costs as Spending on U.S. Care Nearly Doubles by 2020

July 28, 2011 | FlaglerLive | 9 Comments

U.S. Health spending will grow by an average of 5.8 percent a year through 2020, compared to 5.7 percent without the health overhaul. With that growth, the nation is expected to spend $4.6 trillion on health care in 2020, nearly double the $2.6 trillion spent last year.

Flagler Fish Company’s Pet-Friendly Patio Expands Outdoor Dining

July 28, 2011 | FlaglerLive | 8 Comments

The Flagler Fish Company in Flagler Beach completed an expansion of their pet-friendly outdoor dining area.

Attorney General Bondi’s Motive Questioned in Firing of Mortgage Fraud Investigators

July 27, 2011 | FlaglerLive | 5 Comments

Florida Attorney General Pam Bondi fired two assistant attorneys general who were heavily involved in investigating alleged mortgage fraud, including focusing on one firm that had contributed to Bondi’s campaign. Bondi says they had “shortcomings.”

Gov. Rick Scott on Impending Federal Government Shutdown: What, Me, Worry?

July 27, 2011 | FlaglerLive | 18 Comments

Rick Scott is unconcerned about the federal shut-down, saying its impact on Florida will be “minimal.” Much of the evidence says otherwise as millions of Floridians’ including Social Security and food stamps recipients, may be affected.

Palm Coast Sets Intial Tax Rate 14% Higher With Goal of Whittling It Down By September

July 26, 2011 | FlaglerLive | 16 Comments

palm coast property tax revenue

Palm Coast City Council members are trying desperately to hold the line on property tax increases, but will likely not succeed entirely. The final tax rate will still not translate into a tax increase for most.

Slow-Cooked Success: Palm Coast’s Woody’s Bar•B•Q Marks 13th Year

July 26, 2011 | FlaglerLive | 7 Comments

Owned by Flagler County natives, Woody’s BarBQ on State Road 100 in Palm Coast has, like any business, weathered its share of difficulties in the past three years. “We’re not going anywhere,” its owner says.

Flagler County Tax Rates Will Go Up 12%, But Tax Bills Are More Likely to Go Down

July 25, 2011 | FlaglerLive | 20 Comments

Flagler county taxes, 2005-2012

Flagler County’s tax rate is going up for the fourth year in a row to make up for collapsing valuations, but the rise will still not translate into a tax increase for most. The contrary may be true.

Sbordone’s Next Act: Ex-Playhouse Director Opens New Theater With Poetry Clash

July 23, 2011 | FlaglerLive | 6 Comments

Things are looking up for John Sbordone and Palm Coast's theater scene. (© FlaglerLive)

Palm Coast’s theater scene is about to get much richer as John Sbordone launches his City Repertory Theatre with a “poetry clash” at Hollingsworth Gallery, where the theater will have its home for the coming season.

Florida Hospital Flagler One of Just 3 Hospitals in the State to Achieve IT Milestone

July 23, 2011 | FlaglerLive | Leave a Comment

Florida Hospital Flagler won HIMSS Analytics’s Stage 6 designation, on a scale of eight IT-related stages, signaling advantages over competitors for patient safety, clinician support, clinician recruitment and competitive marketing.

Unemployment Again Rises in Flagler, To 14.6%, and Stalls in Florida at 10.6%

July 22, 2011 | FlaglerLive | 11 Comments

The number of unemployed people in Flagler County jumped from 4,526 in May to 4,779 in June, a 5.3 percent increase, while the county workforce has decline by 2.3 percent over the year.

Palm Coast Data Revenue Drops 20% in 2011; Parent Company Posts $7.6 Million Loss

July 21, 2011 | FlaglerLive | 10 Comments

palm coast data amrep kable fulfillment services profits losses revenue 2011 fiscal statement financials

Revenue at Palm Coast’s largest private-sector employer declined to $73.6 million, from $92 million the previous year. The company’s revenue has dropped 40 percent in four years.

Bunnell Commission Says Nyet To Reducing $1 Million Police Force, Whatever the Savings

July 21, 2011 | FlaglerLive | 3 Comments

The Bunnell City Commission took a verbal version of a nightstick to Commissioner Elbert Tucker's proposal.

Bunnell City Commissioner Elbert Tucker proposed reducing the police department’s ranks to cut back its $1 million burden on a $4 million general fund budget. The rest of the commission smacked him down.

Citing Deception, Council Rejects Reinke’s $10,000 Request for Palm Coast Half-Marathon

July 20, 2011 | FlaglerLive | 2 Comments

flagler palm coast half marathon reinke sports group deception

Adding to the Reinke Sports Group’s troubled history, it is the third time in two years that the Flagler Tourist Development Council rejects a request for subsidies for the Palm half-marathon. The Flagler Auditorium had an easier time with its $10,000 request.

Flagler Property Tax Bills Set to Drop Markedly As School Board Keeps 2012 Levy Flat

July 19, 2011 | FlaglerLive | 5 Comments

The school board's property tax rate in Flagler County is still relatively low compared with previous years. Click on the image for larger view. (© FlaglerLive)

Contrasting with public perceptions that taxes are going up, a typical house may see a $150 drop from school taxes alone next year, giving Palm Coast and the county more room to maneuver for higher tax rates.

Is Flagler County’s Real Estate Industry Finally Brightening? Depends Whom You Ask.

July 18, 2011 | FlaglerLive | 6 Comments

Sales are increasing somewhat by volume but more than half the transactions are for cash, prices keep falling, foreclosures are increasing, and the overall economy shows little sign of improvement.

Debt Ceiling Fallacies: How to Pay Down The Deficit Without Really Trying

July 17, 2011 | FlaglerLive | 17 Comments

The debt limit debate could have some catastrophic consequences for the economy, writes Kyle Russell, but politicians aren’t telling the whole story, and the fix isn’t nearly as bad as it may sound.

Coalition of Cities Meets, Its Mission As Fuzzy as Its Place in Flagler’s Economic Bog

July 15, 2011 | FlaglerLive | 16 Comments

The Coalition of Cities is Flagler’s smaller cities’ answer to being snubbed at a larger economic-development table. But the snub is over. The coalition remains. It’s not exactly clear why, and it underscores the frayed political landscape behind facades of unity.

DEP Forbids Deck on Flagler Pier Restaurant–Unless It’s Called a “Pier Extension”

July 14, 2011 | FlaglerLive | 7 Comments

The regulatory word game unsettled several members of the Flagler Beach City Commission, which nevertheless went for it in a 4-1 vote, clearing the way for a permit application to the Florida Department of Environmental Protection.

Economic Development Summit Cancelled Again as “Coalition of Cities” Revs Up

July 14, 2011 | FlaglerLive | 13 Comments

Cancelled once on June, the county-wide economic development summit set for July 27 was cancelled again as Bunnell and Flagler Beach’s break-away “coalition of cities” meets for the first time Friday.

They Feel Your Pain: Florida Legislature Home to 51 Millionaires

July 14, 2011 | FlaglerLive | 28 Comments

Millionaires make up almost half of the 40-member Florida Senate and nearly one-third of the 120-member Florida House. Legislators are paid $29,697 a year, with presiding officers making $41,181 a year.

Water Management District Tax Rate Cut 26%, Reducing Revenue and Gutting Services

July 12, 2011 | FlaglerLive | 4 Comments

The tax bill on a $200,000 house will be $50, down from $62, but the district is laying off employees and reducing conservation, management and partnership projects in line with a new law approved by Gov. Rick Scott.

Tax Fears and $2 Million Gap Have Palm Coast Talking Firehouse Layoffs or End to EMS

July 12, 2011 | FlaglerLive | 53 Comments

The Palm Coast City Council clearly favored more cuts in services than tax increases during its first serious budget discussion of the year Monday, with the city’s fire department appearing to be the likeliest target.

Cell Phone and Texting While Driving Bans: Laws in the 50 States

July 10, 2011 | FlaglerLive | 1 Comment

Texting while driving bans, hand held cell phone while driving bans: laws state by state with age breakdowns, school zones, teens and novices.

A Quartet’s Steely Encore at Hollingsworth, a Summer Sale at the Flagler County Art League

July 9, 2011 | FlaglerLive | 1 Comment

Joe Thompson’s balancing acts of whimsy and rule-breaking anchor Hollingsworth Gallery’s encore with Jean Banas, Betty Parker and Karin Stover, while the Flagler County Art League holds a two-month art sale of 120 works at very reasonable prices.

BP Calls Gulf Recovered and Looks To Quit Payments to Businesses Over Economic Losses

July 9, 2011 | FlaglerLive | 3 Comments

BP paid more than $4.6 billion to private citizens and businesses since the Deepwater Horizon spill. The Gulf economy is on the mend, the oil company claims, justifying a cut-off, though it still faces billions in civil and criminal penalties.

City Marketplace in Receivership; Public Sale of the Palm Coast Development Set for August

July 8, 2011 | FlaglerLive | 41 Comments

City Market Place, where Palm Coast has its municipal offices, has been mired in foreclosure proceedings since 2009. The changes aren’t expected to affect tenants except, perhaps, for the better.

Flagler Beach Bids Last Shuttle a Wistful Farewell as It Soars Invisibly Beyond Clouds

July 8, 2011 | FlaglerLive | 2 Comments

Space Shuttle Atlantis lifted off on schedule, but no one could see it on Flagler’s beaches or at the pier, though imagination was enough to sense the end of a 30-year journey.

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