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The Importance of the Arts to the State's Economy

arts economic impact

Adriane Jefferson of the Connecticut Office of the Arts joins CERC’s Kevin Bielmeier to discuss the major economic impact that the arts have in Connecticut as well as share information on how the office supports the arts infrastructure. Listen to learn more about the fellowship programs, grants, and initiatives that are available to support and promote the arts in the state.

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by Kevin Bielmeier  |    |  Comments 

Financial Literacy as an Economic Development Tool

financial literacy economic development

CERC’s Municipal Services and Research teams are currently working with the Town of Windham to put together a plan for starting a financial literacy center. While we are not yet sure what it will look like, I have been doing research on best practices from around the country, and all the evidence shows that financial literacy incredibly important for strong economic and community development.

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by Sadie Colcord  |    |  Comments 

Takeaways from the IEDC Leadership Summit

Courtney Hendricson, the Vice President of Municipal Services, recently attended the IEDC Leadership Summit in Florida and in this episode, she provides an overview of the high-value presentations and panels that she attended.

From the South Florida regional focus on business recruitment in the tech area, to infrastructure quality serving as a catalyst for industry clusters, to reverse engineering for workforce development, Courtney shares her takeaways from the summit and ideas on new ways to think about local economic development.

 

by Courtney Hendricson  |    |  Comments 

The Creative Economy

Photo courtesy of the Wadsworth Atheneum.

A treasure worth being discovered and nurtured within each of Connecticut’s communities are its artists. Each provide a unique perspective of their locale, with works that may be rightly displayed as homegrown. Too often the arts are considered something that requires a cost to the community: a line item in the budget, with little thought of the return. But the returns can be significant.

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by Kevin Bielmeier  |    |  Comments 

Preparing for Opportunity Zones Investment

What can towns and cities in Connecticut do now to achieve the best results with Opportunity Zones? As the program evolves, now is the time for the 27 Connecticut communities to prepare for and welcome the private sector investment in the 72 identified Opportunity Zone properties across the state.

Join Courtney Hendricson, CERC's VP of Municipal Services, as she walks you through the ways in which towns and cities can get ready for the investment.

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by Courtney Hendricson  |    |  Comments 

What Are Your Economic Development Goals for 2019?

Hello from the COST Conference! Had a great time networking with the small towns and cities across the state - talked about what their needs are for 2019 and how CERC can support their economic development efforts.

Contact us - we'd love to discuss your goals and how CERC can help you achieve them.

by Courtney Hendricson  |    |  Comments 

Analyzing Your Local Economy

During this episode of CERCONOMY, Alissa DeJonge, VP of Research, and Courtney Hendricson, VP of Municipal Services, sit down to recap their recent workshop, “Analyzing Your Local Economy,” hosted by the Connecticut Conference of Municipalities.

Courtney and Alissa share insights into the influences that impact the local economy, and run through the who, what, why, when, where and how of the need for and execution of an analysis, as well as the potential outcomes and benefits, and provide a deeper dive into some of the workshop audience questions and feedback.

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by Alissa DeJonge  |    |  Comments 

Taking Advantage of the Opportunity Zones Program in Connecticut

Mike Andreana, of Pullman & Comley, joins Courtney Hendricson, VP of Municipal Services, to continue the conversation on the new Opportunity Zones program and what it means for Connecticut. 2019 is a big year for the program, as work and projects need to be geared up and ready to go by the end of the year to take full advantage of the tax breaks. 

As one of the foremost experts on the topic, Mike shares a bit of background and insights into the purpose of the federal program, and talks nuts and bolts of how the program works with three main tax breaks as benefits to making investments into designated distressed Opportunity Zone areas - 72 in Connecticut and over 8,000 across the US. 

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by Courtney Hendricson  |    |  Comments 

Analyzing Your Municipality's Fiscal Health

In Connecticut, the majority of municipalities receive 90% of their revenue from property taxes, directly affecting residents’ pocketbooks. In this latest episode of CERCONOMY, Rachel Gretencord, CERC’s Research and Fiscal Analyst, joins Alissa DeJonge, Vice President of Research to discuss how the fiscal health of Connecticut’s municipalities directly affect the quality of life for its residents, and to share information on a new product that CERC has developed to help towns determine their fiscal health, and analyze it over time, leading to better short and long-term spending decisions.

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by Alissa DeJonge  |    |  Comments