INTERACTIVE: PPP loans allow Grapevine, Colleyville, Southlake businesses to retain over 47,000 jobs
Over 3,500 businesses in Grapevine, Colleyville and Southlake received potentially forgivable loans through the federal Paycheck Protection Program to help combat the effects of the coronavirus pandemic.
More than 3,500 Grapevine, Colleyville, Southlake residents file for unemployment in one-month period
More than 3,500 residents who live in Grapevine, Colleyville and Southlake filed for unemployment insurance between March 18-April 18, according to data from the Texas Workforce Commission.
The loss of extra unemployment support could send numbers back down, however.
Some breweries across the state may now reopen as restaurants after the Texas Alcoholic Beverage Commission released new guidelines on how restaurants may calculate their alcohol sales receipts.
The state of Texas gained 50,000 new jobs in February, but since the coronavirus pandemic hit, more than 2 million jobs have been lost.
This year sales tax-exempt purchases can be made online, over the phone or by mail.
In a July 22 update, the Texas Alcoholic Beverage Commission states that breweries may not have customers consume alcohol on patios.
Sales tax collections in Grapevine and Southlake saw declines, while collections in Colleyville were up.
The Texas comptroller's office has released June sales tax revenue figures.
Grapevine, Colleyville and Southlake residents are still filing unemployment claims, but at a lesser rate than a month ago, according to Texas Workforce Commission data.
Texans receiving unemployment benefits will have a little extra time before they have to prove they are actively looking for work to continue receiving state assistance.
The lawsuit was filed in Travis County District Court by Jared Woodfill, a Houston attorney who has led previous legal efforts opposing Abbott’s other shutdown orders during the pandemic.
Unemployment recipients will have to start documenting their efforts to find a new job July 6, with the first reports due July 19.
Eligible nonprofits and government entities may apply for funding.
Both Grapevine and Southlake saw continued declines in year-over-year sales tax collections, but Colleyville is on an uptick.
A group of North Texas hospitals plans to promote expanding Medicaid ahead of next year’s session of the Texas Legislature as the state’s health system deals with substantial revenue losses incurred during the coronavirus pandemic.
Texas Comptroller Glenn Hegar said the state entered the era of the coronavirus in a healthy financial situation, which bodes well for the future as reopening continues, but that Texans are not out of the woods yet.
The layoffs represent 3% of the health system’s workforce.
The University Interscholastic League released guidelines for allowing sports workouts and marching bands to practice.
The North Texas Food Bank received a $100,000 donation from online retailer Amazon as the nonprofit continues to provide meals for residents in need.
Texas state agencies and institutions of higher education to expect a 5% reduction in budget plans for the 2020-21 biennium as part of the state's response to the economic ramifications of the ongoing coronavirus pandemic.
“Small businesses are having to pivot, and we are seeing that. We are having businesses that had one business model that had to change," said Adriana Cruz, executive director for economic development and tourism in the Office of the Texas Governor.
Officials anticipate drawing from federal funds to ensure no delays in benefit payments.
Plano-based J.C. Penney filed for bankruptcy protection May 15, a move the company said would help it navigate the difficult business climate during the ongoing coronavirus pandemic.
Nationwide sales of retail, food services plummet in March, April amid social distancing, stay-at-home orders
As many businesses are operating on decreased capacities or have shut down completely, one side effect is a dip in monthly sales for retail and food services.