Business News
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UPPER LAKE, Calif. – The Northshore Business Association will hold a breakfast meeting on Wednesday, Jan. 15.
The group will meet for breakfast at 7 a.m. at Judy's Junction, 375 Highway 20 in Upper Lake. The meeting starts at 7:30 a.m.
The speaker will be District 3 supervisorial candidate Marv Butler.
Butler, who lives in Clearlake Oaks, has been in business locally for many years. Before that, he worked in banking.
Attendees will have a chance to hear Butler's position on local issues. His Web site is http://marvbutler.com/ .
For more information about the group visit http://www.northshorebusinessassociation.com/ .
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SACRAMENTO – State Controller John Chiang this week released his monthly report covering California's cash balance, receipts and disbursements in December 2013.
Revenues for the month totaled $10.6 billion, surpassing estimates in the state budget by $2.3 billion, or 27.7 percent.
Total revenues for the fiscal year-to-date were $2.5 billion ahead (6.4 percent) of budget estimates.
"Revenues for the first of half of the fiscal year are well ahead of estimates and reflect a surging economy fueled by a boom in technology, rising exports, improving consumer confidence, and a new housing upswing," said Chiang. "However, our state's history of boom and bust revenue cycles calls for disciplined spending that emphasizes paying-off debt accumulated throughout the Great Recession. The best way to avoid gut-wrenching cuts tomorrow is to avoid indiscriminate spending today."
December sales tax receipts got a boost resulting from "Black Friday" weekend falling at the very end of the month of November.
As a result of this timing anomaly, approximately $400 million in retail activity that actually took place in November was not officially booked until the first days of December.
Even without this anomaly, sales tax collections exceeded projections by more than $ 700 million. Total sales tax for the month was $1.1 billion above estimates (178.7 percent).
Personal income taxes for December came in $987.5 million above (16.5 percent) estimates. December corporate tax receipts were $188.8 million above estimates (16.5 percent) for the month.
The state ended the month with a general fund cash deficit of $18.3 billion, which was covered with both internal and external borrowing.
That figure was down from last year, when the state faced a cash deficit of $24.2 billion at the end of December 2012.
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CLEARLAKE, Calif. – Did you receive a new smartphone or tablet this holiday season?
For those who recently made the switch to a smartphone or tablet, or simply upgraded their device this past holiday season, U.S. Cellular will offer a free device workshop on Saturday, Jan. 11.
The workshop will take place from 8:30 a.m. to 10 a.m. at 14896 Olympic Drive in Clearlake.
U.S. Cellular associates will help attendees get the most out of the features on their new devices, such as the iPhone 5s or iPad Air.
The workshop is open to both new and existing smartphone and tablet users and attendees do not have to be a U.S. Cellular customer.
“Smartphones were popular gifts this holiday season and ensuring every customer knows how to get the most out of their holiday gifts is just one of the ways we provide the best customer experience,” said Erryn Andersen, director of sales for U.S. Cellular in the Northwest Market.
The iOS, Android, Windows Phone and BlackBerry options offered by U.S. Cellular enable customers to transform a smartphone to a device that meets their exact needs.
These devices, such as the iPhone 5s and iPad Air, allow customers to enjoy faster Web browsing and quick app downloads with access to 4G LTE speeds that are up to 10 times faster than 3G.
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NICE, Calif. – The Lake County Chamber of Commerce will hold an officers and directors installation dinner meeting on Wednesday, Jan. 15.
The meeting will take place at the Sons of Italy hall, 2817 E. Highway 20 in Nice.
Networking will take place beginning at 5:30 p.m., with dinner at 6:30 p.m., followed by the installation of officers and directors.
The cost is $30 per person, which includes entrée choice of Beef Bourguignon or apple almond stuffed chicken breast. Dessert will be Italian cannoli.
For more information contact the Lake County Chamber at telephone 707-263-5092 or RSVP online at http://www.lakecochamber.com/calendar/w/id/13318/event-details.asp .
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