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<br />Business <br /> <br />EMPLOYMENT BY INDUSTRY <br /> <br />RETAIL SALES TAX: State 3%, Fort <br />Morgan 3%, Brush 3%, Log Lane 3%, Wiggins <br />2% <br />CORPORATE INCOME TAX: II, Graduated <br />rate. 5.50% average <br />UNEMPLOYMENT INSURANCE RATE: <br />3.5% on first $8000. Based on experience <br />rating after one year. <br />INVENTORY TAX: None <br />MEDIAN FAMILY INCOME: $27,463 <br /> <br />GOVERNMENT <br /> <br />COUNTY: Three (3) elected commissioners <br />who serve a 4 year term with one as <br />chairperson. <br /> <br />CITY: Mayor- council (six member) <br /> <br />PRIMARY SOURCE OF REVENUE: Sales <br />tax, property tax, self-sustaining revenue <br />bonds. <br /> <br />ENTERPRISE ZONE INCENTIVES <br /> <br />3% investment tax credit <br /> <br />$500 tax credit for each employee hired <br /> <br />Additional $500 tax credit per employee for <br />agricultural manufacturing or processing facility <br /> <br />$200 job tax credit for each new employee <br />hired under employer provided health insurance <br />nl:ln <br />,....-... <br /> <br />3 % state sales tax exemption for <br />manufacturing equipment and machine tool <br />purchases <br /> <br />Negotiable local incentives <br /> <br />Morgan County <br />Unemployment Rates 1992 <br /> <br />Pwcent <br /> <br /> <br />.~ <br />7 lUlu. <br /> <br />1I~ 5.3 5.3 .5.3 <br /> <br />5;1111 <br />: ~ ; I <br />2 l <br /> <br />e.a 5.8 <br /> <br />iilu <br />! I <br />I I <br />: I <br /> <br />5.3 <br /> <br />14.8 4.4. 4.2 <br /> <br />. i:~ <br />I I , <br />r I c <br /> <br /> <br />o <br /> <br />Jan Feb Mill Apr May June July Aug Sep Oct How Dee <br /> <br />Soun:., Job S.rvie. <br /> <br />Graphic.: Morgan County Ec:onornh: O"wlop"".nt <br /> <br />( Morgan County's Top 5 Industries) <br /> <br />1. Farm Earnings <br />Ag Services <br /> <br />$48,067,000 <br />3,581,000 <br /> <br />2. Services Earnings <br /> <br />$40,563,000 <br /> <br />3. Manufacturing Earnings <br /> <br />$35,384,000 <br /> <br />4. Non-durable goods <br /> <br />$31,818,000 <br /> <br />5. State/Local Government <br /> <br />$29,318,000 <br /> <br />Morgan County Earnings by Industry <br />Top Industry Leaders <br /> <br />5ar \llces <br />25... <br /> <br /> <br />Non auraOle goocs <br />20% <br /> <br />l M8nu;~~ur,no <br /> <br /> <br />I.o.,c. "'0 c..n:.. ."'....__. .. <br /> <br />COUNTY INDUSTRIAL PARKS <br /> <br />Brush Industrial Park <br />Brush, Colorado 80723 <br /> <br />Rod Wensing <br />(303) 842- 5001 <br /> <br />i:t- I\lInrn",n In~ P",r'" <br />I .. ....__ tt-.. II "_" . _.... <br /> <br />C::~n""l C::,...hno.irlor <br />--,._, --... .""--"", <br /> <br />Ft. Morgan, CO 80701 <br /> <br />(303) 867- 3001 <br /> <br />Log Lane Industrial Park <br />Ft. Morgan, CO 80701 <br /> <br />Dave Graff <br />(303) 867- 3500 <br /> <br />Wiggins Ind. Park <br />Wiggins, CO 80654 <br /> <br />Bob Johnson <br />(303) 973-0684 <br /> <br />Hy-Plains Ind. Park <br />Ft. Morgan, CO 80701 <br /> <br />Floyd Deal <br />(3031"867-8288 <br /> <br />Morgan County Economic Development Assoc. <br />P.O. Box 156, 218 West Kiowa Avenue <br />Fort Morgan, Colorado 80701 ~ <br /> <br />Director: Patti J. Lewis <br />(303) 867- 6256 . 1-800-522-4333 <br />Fax (303) 867- 6448 <br />