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The Fiscal Year Will Close with A $17 Million Surplus in Springfield. How The City Plans to Spend It

Bill McCarty, the city of Springfield’s budget director, said “eye-opening” end-of-year budgetary data have put the city in a position to achieve things it has wanted to do for decades. According to estimates, the city will end the fiscal year with a $17 million operating surplus and a $46.8 million corporate fund balance or reserves …

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Springfield’s Growth Alliance Is Assisting in Attracting New Companies to The City

In partnership with the Springfield Sangamon Growth Alliance, the Springfield Sangamon Thrive Ally program has been launched to assist potential relocators and new residents moving to the area in becoming acquainted with the community and local resources through the assistance of trained community advocates. We are looking for a diverse group of passionate community members …

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Small Businesses in Springfield Discuss the Impact of Missouri’s Minimum Wage Hike

Missouri’s minimum wage has been raised to $11.15, an increase of 85 cents over the previous year’s rate. Missouri, which had a minimum payment of $10.30 per hour last year, has progressively raised its minimum wage over the previous six years, starting with a small increase in 2011. For the foreseeable future, Dennis Ensor, the …

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Small Business Saturday Is a Day When Downtown Springfield Businesses Hope to Make a Lot of Money

Many Springfield companies are anticipating a large turnout for “Small Business Saturday,” which takes place this Saturday. Small-Scale Enterprise (SME) Saturday is an American shopping holiday that takes place every year on the Saturday following Thanksgiving in the United States, during one of the busiest shopping periods of the year. It is the Saturday after …

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Pritzker Announces $250 Million Back-to-Business Grant Program To Help Illinois Small Businesses Recover

On behalf of Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO), a $250 million Back to Business grant program was unveiled today. The administration’s first in a series of economic recovery measures, B2B will help small firms balance losses from COVID-19, rehire workers, and continue to rebuild. The initiative expands …

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Local Businesses Claim That Pandemic Relief Funds Are Assisting Them in Staying Afloat

Over $111 million dollars in disaster relief monies have been distributed to small companies in Illinois that have struggled throughout the epidemic. These funds were given out to small businesses to assist them in dealing with the effects of the epidemic, like rehiring employees or purchasing personal protective equipment. Ms. D’s Kitchen, located in Springfield, …

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