Economy

Economy

Jackson’s Prop. 1 Will Increase Sale Tax

Oct 29, 2012

The Jackson Area Chamber of Commerce and the Jackson Community Parks and Recreation Group held an informational breakfast Monday to address questions about Proposition One.

If passed on the November ballot, Proposition One would increase Jackson’s sales tax by .25% to raise funds for local park improvements plus maintenance of a donated $5 million community center building.

Steve Elefson is President of Southeast Missouri Medical Center Incorporated, a major donor for the community center. Elefson says Proposition One addresses multiple community needs.

Slot machines at the Isle of Capri casino in Cape Girardeau, Missouri.
Jacob McCleland / KRCU

The Missouri Gaming Commission passed a resolution Wednesday to declare Isle of Capri’s Cape Girardeau casino is suitable for a gaming license.

I-66 Study To Begin Next Year

Oct 9, 2012
The proposed interstate highway connection between Cape Girardeau and Paducah will take a step forward early next year.
KRCU Newsroom / KRCU

The Illinois Department of Transportation will begin a study early next year to determine the route for an interstate highway that will link Cape Girardeau and Paducah.

The proposed Interstate 66 project will cross through the southernmost counties of Illinois. The first step is to draft an Environmental Impact Statement, or EIS. 

Josh Kauffman is the spokesperson for IDOT.

Cigarette Tax May Increase In Missouri

Oct 8, 2012
Missouri's cigarette tax is currently one of the lowest in the country.
Sudipto_Sarka / Flickr

A ballot measure that would raise Missouri’s cigarette tax is starting to catch smoke. Campaigns for and against the hike have been heating up over the last few days.

Southeast Missouri State University's Academic Hall
Southeast Missouri State University

Southeast Missouri State University’s total economic impact on the region was $148 million in 2011, according to a new report.

Students spend nearly $64 million dollars per year in the local economy. 

Economist Dr. Bruce Domazlicky is one of the university-commissioned report’s co-authors. He says students spend their money on typical things.

Pages