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Bonneville Research was commissioned by the State of Utah to prepare a business plan for the DABC (Utah Dept. of Alcohol and Beverage Control).
Bonneville Research prepared
interactive maps showing where current State Liquor and Wine stores are located
and where grocery store anchored shopping centers are located and which ones
may to too close to schools, churches and other "public places".
Click on the following link to
see!
http://bonnevilleresearch.com/dabc/index.html
Bonneville Research principals, Bob and Jon Springmeyer presented their report to the Business and Labor Interim Committee on Wednesday morning November 16th. The following news stories are reporting that report.
- Internal Audits Urged for Utah's Troubled DABC, by Dawn House, Salt Lake Tribune, January 26, 2012
- Independent DABC Committee Taps a Keg of Bar Owner Frustration, by Eric Peterson, Salt Lake City Weekly, January 11, 2012
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Rolly: Lawmakers should have taken free advice on liquor sales, Salt lake Tribune, December 15, 2011
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How to bring a Trader Joe's to Utah - VIDEO LINK - ABC4.com - Salt Lake City, Utah News, by Chris Vanocur, December 13, 2011
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Utah state liquor stores really profitable, consultant says, Deseret News, December 13, 2011
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Audit: More cash shortages in Utah liquor operations, Salt Lake Tribune, November 23, 2011
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Alcohol paradox frazzles lawmakers - IN OUR VIEW - Daily Herald (Provo), November 23, 2011
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Liquor Stores - Salt Lake Tribune EDITORIAL, November 21, 2011
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Firm suggests liquor stores be in or near grocery stores - Ogden Daily Herald, November 17, 2011
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Study shows way to privatize Utah liquor sales, save - The Salt Lake Tribune, Wednesday, November 16, 2011
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Demo lawmakers announce new look at DABC day before consultant report - Deseret News, Wednesday, November 16, 2011
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Consultant: Grocery stores should sell liquor through separate facilities - Deseret News, Nov. 16, 2011
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Research firm suggests ways to increase profits of liquor sales in Utah (Video) - KSTU Fox News 13, November 16, 2011
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Utah lawmakers consider changes to liquor business, CBS News, November 16, 2011
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Utah lawmakers looking at changes to state-run liquor business, including grocery store sales, The Republic, November 16, 2011
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Liquor should be sold by grocery stores, only in different building, consultant says, KSL TV, November 16, 2011
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Consultant: Grocery stores should sell liquor through separate facilities - Deseret News, November 16, 2011
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Report Recommends Allowing Private Liquor Sales Next to Grocery Stores | KCPW, November 16, 2011
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Utah lawmakers hear pitch for more private liquor sales - Salt Lake Tribune, November 16, 2011
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INTERVIEW (Audio): Jon Springmeyer - Bonneville Research - Utah's DABC Looking To Minimize Cost And Maximize Profits, KRNS, November 16, 2011
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By Cathy McKitrick, The Salt Lake Tribune, Published: November 26, 2011 04:43PM
Allison Rowland, research and budget director for the advocacy organization Voices for Utah Children, agrees with the report’s premise that America’s wallet has more than lint left in it. “The idea that the country is in some kind of debt crisis has been greatly overstated. We do have an imbalance, but that’s because we’re trying to get out of a recession.” A new report released by the Institute for Policy Studies, “America is Not Broke,” identifies $824 billion in potential annual revenue that the nation could tap to ease its deficit and heal the economy.
By the way, that’s seven times the savings that the congressional supercommittee was asked to find, the report points out. Even though its aims were lower, the bipartisan congressional panel last week couldn’t meet a deadline to agree on a debt-cutting proposal, and imploded in failure.
So, up steps the institute with its solutions, and if local response is any gauge, the long-running war between Democrats and Republicans (and liberals and conservatives) over the Bush-era tax cuts that doomed the supercommittee will remain a key hurdle in the way of achieving consensus.
The progressive think tank based in Washington, D.C., contends that the country’s financial resources have been misdirected, and it identified several reforms to make the United States “more equitable, green and secure.”
The report recommended a combination of spending cuts and tax increases to move the country toward those goals:
• A potential $375 billion could come from taxing Wall Street transactions, corporations and millionaires. Since 2001, the United States has borrowed almost $1 trillion to provide tax breaks to the rich, and the report recommends reversing those Bush-era tax cuts as “the first step in any program to reduce deficits and raise revenue.”
• Defense cuts, yielding $252 billion, include ending the war in Afghanistan, exiting Iraq, reducing the nuclear warhead arsenal, closing one-third of U.S. bases in Europe and Asia and other cutbacks.
• $197 billion could come from taxes on carbon emissions, air and water pollution, along with the elimination of subsidies for fossil fuels, ethanol, clean coal, nuclear power and projects that harm the environment.
Reaction in Republican-dominated Utah seemed to mirror the divide paralyzing Congress.
Jeff Thredgold, an economist who serves as a consultant to Zions Bank in Salt Lake City, said “it sounds like a wish list written by liberal Democrats. You wouldn’t find a single Republican who would agree with that.”
Bob Springmeyer, a former Democratic candidate for governor and president of Salt Lake City-based Bonneville Research, spoke for others when he said he believes that some of the proposals have merit, although he added that “some will probably be impossible to do.”
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By Cathy McKitrick,The Salt Lake Tribune, September 06, 2011
If all goes as planned,
excavation will begin this week for construction of Layton’s first
apartment complex east of Interstate 15 in the past 12 years.
So says Kaysville-based developer Gardner
Crane, who has been a partial owner of the 5-acre East Layton parcel
near Church Street and Highway 193 for the past seven years.
Well-positioned near Hill Air Force Base, schools, shopping and
restaurants, Crane is optimistic about the $10 million project’s
viability.
“We always planned to do high-end apartments,” Crane said, “but the market hasn’t justified it until this new economy arrived.”
Teaming with Michael Schultz, owner of
Roy-based Castle Creek Homes, Crane is eager to get started on the
eight-building project that will take about 18 months to complete.
“We have a broad target market,” Crane said,
“of empty-nesters, single parents, newlyweds and young professionals,”
anyone but a large traditional family that needs more than three
bedrooms.
Today’s ailing economy and tightened credit
climate have made it increasingly difficult for people to obtain home
mortgage loans, thus increasing demand for attractive rental housing.
According to the National Association of Home
Builders, foreclosure rates have slowed but new single-family home
sales have remained consistently low since the first of the year. And
existing home sales have continued to decline.
Bob Springmeyer is president of Bonneville
Research, a Salt Lake City-based consulting firm. From January to July,
Davis County issued 797 housing permits, Springmeyer said; 405 of them
for multifamily units.
Of that number, 333 of the multifamily projects were in Farmington and five in Layton.
“Davis County is a jewel that is waiting to
be developed,” Springmeyer said. “I’ve always thought there was
extraordinary opportunity for commercial, entrepreneurial and flex space
there.”
For years, many of the county’s residents
have commuted to neighboring Weber or Salt Lake counties to work. But
that scenario is beginning to change.
For example, Clearfield is home to the new
600,000-square-foot ATK facility that will build composite aircraft
parts and over several years add up to 800 new jobs.
“Since January, Davis County has added 5,713
jobs to our labor force,” said Kent Sulser, Davis County’s community
and economic development director.
The county’s unemployment rate hovers around 7
percent, about two percentage points below the national average. And
Sulser attributes Davis’ favorable position to balanced land use and
valuable public-private partnerships.
“We have worked diligently and closely with
local communities to promote and preserve land sites for future
developments,” Sulser said.
As a result, thousands of Davis County acres
have been rezoned, Sulser said, and five large mixed-use projects are
under construction: Falcon Hill, East Gate, Farmington Station, Park
Lane Commons and Legacy Crossing.
ARTICLE URL: http://www.sltrib.com/sltrib/news/52522899-78/county-davis-crane-sulser.html.csp
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SALT LAKE CITY — Utah is climbing out of the
economic doldrums, with state revenues increasing nearly
seven percent in fiscal year 2010-11, which ended June 30.
Data from the Utah State Tax Commission analyzed by Salt Lake-based Bonneville Research in its "Utah Economic
Snapshot" showed that total state and local (on-
property tax and fee revenues rose 6.7 percent or $410
million.
In addition, taxable retail sales jumped up $191
million or 13.6 percent, with individual income taxes
increasing $121 million or 75.3 percent.
While the figures do offer an improvement, it only
tells part of the story, said Bonneville Research
President Bob Springmeyer.
"It tells us the economy is growing," he said. "We're
climbing out of the trough. But … we're probably
down from where we were in 2007 and 2008."
With just a few exceptions, most state and local tax
categories saw revenue increases, including individual
income taxes — 75 percent or $121.2 million and
cigarette taxes — up 132.7 percent or $56.9 million.
The total general revenue increase for the period was
16.4 percent or $269.7 million.
One of the top revenue generators over the past decade
was the sale of adult beverages, the data
show. Between 2000 and 2009, alcohol sales jumped a
dramatic 94 percent, while the state's overall population
grew just 25 percent.
Springmeyer said the increase was likely due to a
combination of increased consumption along with the
growing number of conventions, large-scale events like the
Sundance Film Festival as well as increasing tourism
consumption.
The data showed that last year, beer, wine and liquor
sales contributed $27.9 million to the state's school
lunch program and paid $14.8 million in sales taxes. State
liquor store No. 15 in Cottonwood Heights recorded $16
million in 2010 sales with a net profit of $4.6 million,
while store No. 36 on Swede Alley in Park City had $1.3
million in 2010 sales with a net profit of $200,000.
The average net profit from a state liquor store in
2010 was $1.75 million.
"They are moneymakers," Springmeyer said. "You've got
some stores that (have sales in the $1,500 per square
range)."
"That's the range you would find at Tiffany's," he
commented. "A very, very good grocery store is going to be
a third of that."
Overall, Springmeyer said the state's fiscal strength
is progressing, albeit slowly.
"The economy is growing. Retail sales are looking
better, income from employment is going to be up," he
said. "Those are very good signals (that the) the economy
is turning around in Utah."
Email: jlee@ksl.com
FULL ARTICLE: http://www.ksl.com/?nid=960&sid=16487322
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Published: Friday, July 22, 2011 3:46 p.m. MDT, Deseret News
SALT LAKE CITY — Utah is climbing out of the economic doldrums, with state revenues increasing nearly seven percent in fiscal year 2010-11, which ended June 30.
Data from the Utah State Tax Commission analyzed by Salt Lake-based Bonneville Research in its "Utah Economic Snapshot" showed that total state and local (on-property tax and fee revenues rose 6.7 percent or $410 million.
In addition, taxable retail sales jumped up $191 million or 13.6 percent, with individual income taxes increasing $121 million or 75.3 percent.
While the figures do offer an improvement, it only tells part of the story, said Bonneville Research President Bob Springmeyer.
"It tells us the economy is growing," he said. ""We're climbing out of the trough. But … we're probably down from where we were in 2007 and 2008."
With just a few exceptions, most state and local tax categories saw revenue increases, including individual income taxes — 75 percent or $121.2 million and cigarette taxes — up 132.7 percent or $56.9 million.
The total general revenue increase for the period was 16.4 percent or $269.7 million.
One of the top revenue generators over the past decade was the sale of adult beverages, the data show. Between 2000 and 2009, alcohol sales jumped a dramatic 94 percent, while the state's overall population grew just 25 percent.
Springmeyer said the increase was likely due to a combination of increased consumption along with the growing number of conventions, large-scale events like the Sundance Film Festival as well as increasing tourism consumption.
The data showed that last year, beer, wine and liquor sales contributed $27.9 million to the state's school lunch program and paid $14.8 million in sales taxes. State liquor store No. 15 in Cottonwood Heights recorded $16 million in 2010 sales with a net profit of $4.6 million, while store No. 36 on Swede Alley in Park City had $1.3 million in 2010 sales with a net profit of $200,000.
The average net profit from a state liquor store in 2010 was $1.75 million.
"They are moneymakers," Springmeyer said. "You've got some stores that (have sales in the $1,500 per square range)."
"That's the range you would find at Tiffany's," he commented. "A very, very good grocery store is going to be a third of that."
Overall, Springmeyer said the state's fiscal strength is progressing, albeit slowly.
"The economy is growing. Retail sales are looking better, income from employment is going to be up," he said. "Those are very good signals (that the) the economy is turning around in Utah."
E-mail: jlee@desnews.com
Deseret News: FULL ARTICLE
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