Your Chamber- Annual Report Annual Report 2017 Build- WEB | Page 30

GREATER CHEYENNE CHAMBER OF COMMERCE
% of Chamber Partner Business Size
Your Chamber of Commerce
provides businesses in the area
26+ Employees
9%
various services and operates on
the investment of local businesses.
By doing so the Chamber does not
use tax payer money to forward
economic growth. Additionally, this
5-25 Employees
31%
allows the organization to lawfully
1-5 Employees
60%
advocate on behalf of businesses
and private enterprise.
Nationally to qualify as a “small
business,” businesses must not
exceed 25 employees. The Greater
% of Generated Revenue
Cheyenne Chamber of Commerce
is predominately comprised of
Program & Events
18%
% of Chamber Expenditures
Contributions
34%
Development
14%
Operating
32%
Advocacy
26%
Investments
48%
*Information relflected in these graphics are a
reflection of 2016 financial activities.
Program & Events
16%
Partner Services
12%
businesses under this qualification, and therefore servicing small business is a high priority.
Revenue generated by the Chamber of Commerce is expended responsibly and focused on
economic and business development, governmental affairs and advocacy, program efforts
and events, along with general operation of the organization.
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ECONOMIC INSIGHTS: There a 6.7% decline in 2016. From mining industry. The last
was a 1,576 job decrease the second to third quarter quarter of 2016 tax collection
2016. However, according to of 2016 retail sales were up rose (17.2%) and tax receipts
economists Laramie Coun- 19.7% which trended among to local government entities
ty qualifies within the “full major retail subsectors. Sales rose (15.3%).
employment” status based tax collected by local gov- on its low unemployment ernment saw a decline as rate. Retail sales experienced well, mainly because of the