Over the last three years the resale of residential real estate has been a bright spot in our local economy. Double digit increases in transactions during this period has been the norm. In addition, prices for single-family homes has continued to see modest increases. For example, the average sale price of single-family homes in Leon […]
The latest passenger numbers for the Tallahassee International Airport (TIA) show why it is important that local officials continue to aggressively pursue JetBlue. The numbers for January, 2016 show a 5.9% decrease in passenger traffic from January, 2015. The number of passengers decreased from 49,152 during last January to 46,244 this year. You have to […]
If you were looking to have lunch at the Edison this past Saturday you were out of luck. The City subsidized venture was closed to taxpaying citizens for a private party hosted by the Mayor of Tallahassee, Andrew Gillum, and sponsored by the Pittman Law Group, a City of Tallahassee vendor. Pittman Law Group is […]
Last month the Community Redevelopment Agency (CRA) voted to give $205,000 in tax payer funds to the owners of a Piggly Wiggly that will open on the southside of town. See our report here. The issue about funding was brought up at a City-County forum hosted by the Village Square on February 1, 2016. In […]
Tallahassee Reports has learned that the new owners of the Florida Homebuilders Association property, located on the southeast corner of Park and Monroe, is seeking $525,000 in tax money through the Community Redevelopment Agency to help fund a proposed development. The property was purchased by Brian Ballard, CEO of Ballard Partners, and his wife for […]
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 […]