Last week Prime Meridian Holding Company, the parent bank holding company for Prime Meridian Bank, announced financial results for the quarter and year ended December 31, 2015. The Company reported net earnings of $501,000, or $0.26 per basic and diluted share, for the quarter ended December 31, 2015, compared to net earnings of $545,000 or […]
A review of campaign records show that the two City Commissioners running for office in this upcoming election accepted over $7,500 in campaign donations from bar owners, individuals and corporations that had an interest in the issue of bar closing times. Approximately $6,300 of the $7,500 came from donors that supported extending night club hours […]
Today the Community Redevelopment Agency voted to give $205,000 in tax revenue to the company which is locating a Piggly Wiggly’s at the former home of a Harvey’s grocery store. City Commissioners Gil Ziffer and Scott Maddox were the only two no votes. CRA staff reported to elected officials that: “Cogen, Inc. is requesting $205,000 […]
The graph below shows the annualized sales of single-family homes in Leon county over the last 12 months. The latest information shows that the resale market slowed in December, but still finished 2015 with a double-digit increase over the number of units sold in 2014. In 2015, a total of 2,846 single-family units were sold. […]
The Florida Department of Economic Opportunity released employment data for the state of Florida today. The data shows that Leon county added 221 jobs in December. However, the release also shows that when compared to 2014, Leon county lost jobs and the labor force shrank in 2015. These trends were in the opposite direction of […]
The staff for the Leon County Board of County Commissioners added an agenda item for the January 26th meeting that seeks the authorization to terminate the Economic Development Council (EDC) contract. Click here and scroll to page 14 to see agenda item. Leon County’s current contract with the EDC calls for funding of approximately $174,000. The agenda […]
Tallahassee Reports has learned that the City and County budgets for 2016 include a combined total of $411,500 in taxpayer revenue allocated to the Tallahassee Economic Development Council (EDC). Budget documents show that the City increased the allocated amount for the EDC by approximately 48%, from $115,000 in 2015 to 174,500 in 2016. Leon County […]
Recent information from Leon County and the City of Tallahassee shows that single-family new construction projects increased by 7.6% in 2015. In 2014, 446 single-family permits were approved and in 2015 that number increased to 480 units. The 7.6% growth in Leon County is less than the 9.9% growth in single-family starts reported at the national […]
The final numbers for 2015 show that passengers traveling through Tallahassee International Airport (TIA) was down by about 2% from traffic in 2014. The numbers reported for December show a 3% drop from 56,808 passengers in 2014 to 55,047 passengers in 2015. The chart below shows the annualized number of passengers for the each of […]
In a hearing held on December 16, 2015, Judge Angela Dempsey dissolved an injunction that required Barton Tuck, the owner of the Killearn Golf & Country Club, to maintain the north nine holes of the 27-hole golf course until the legal process sorting out various claims was complete . Judge Dempsey wrote, “there has been […]