Business News
LAKEPORT, Calif. – Following a week of repairs, Park Place restaurant in downtown Lakeport is reopening on Tuesday, Oct. 29.
Park Place, located at 50 Third St., was closed temporarily for repairs following a fire in a rooftop vent Oct. 21, as Lake County News has reported.
As of Tuesday, the popular lunch and dinner spot will resume its normal operations.
Winter hours are 11 a.m. to 3 p.m. Monday, 11 a.m. to 8 p.m. Tuesday through Thursday, 11 a.m. to 9 p.m. Friday and Saturday, and 11 a.m. to 8 p.m. Sunday.
Visit the restaurant online at http://www.parkplacelakeport.com/ or call 707-263-0444 for more information.
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CLEARLAKE, Calif. – The Clear Lake Chamber of Commerce will be holding two events this week in partnership with its membership.
The first will be a grand opening and ribbon cutting for Sequoia Senior Solutions new Lake County location at 825 S. Main St. in Lakeport on Wednesday, Oct. 23, from 5 p.m. to 7 p.m.
Sequoia Senior Solutions is proud to provide excellence in in-home care for our senior community. Sequoia Senior Solutions services six counties.
They will be giving a tour of the office and a live demonstrations during the event. Appetizers and drinks will be served.
The second event will be a wine and cheese open house for Emeritus at Orchard Park at 14789 Burns Valley Road in Clearlake on Thursday, Oct. 24, from 5 p.m. to 6:30 p.m.
Emeritus Senior Living began offering an alternative to seniors who could no longer live at home, yet did not require full-time nursing home care.
Since then, Emeritus Senior Living has grown to become a leader in the assisted living industry, with one of the largest networks of assisted living, retirement and Alzheimer's care communities in North America.
For more information on these and other upcoming CLCC events visit www.visitclearlakeca.com or call 707-994-3600.
The CLCC also can be contacted by email at
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LAKEPORT, Calif. – The Lake County Chamber Economic Development Committee will meet on Friday, Oct. 18.
The meeting will take place from 8 a.m. to 9:30 a.m. upstairs in the Umpqua Bank meeting room, 805 11th St. in Lakeport.
Agenda items include a report on the importance of the nonprofit sector to the county economy, with several leaders from local nonprofits to speak, including Gloria Flaherty of Lake Family Resource Center, Anya Koot of Hospice Services of Lake County and Ileen Dumont of People Services. There also will be a question and answer session.
Other items will include a report on broadband and discussion of a business walk.
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SACRAMENTO – State Controller John Chiang on Thursday released his monthly report covering California’s cash balance, receipts and disbursements in September 2013.
Revenues for the month totaled $8.5 billion, beating estimates in the state budget by $426.8 million, or 5.3 percent.
“A healthy gain in September revenues more than offset any shortfalls seen in July and August,” said Controller Chiang. “The state closed the first quarter of the fiscal year on a good note, with revenues and expenditures tracking remarkably close to estimates.”
Revenue from the first three months of the fiscal year totaled $20.2 billion, beating year-to-date estimates by $93.2 million.
Personal income taxes for the month came in $460.9 million above (9.5 percent) estimates, largely from “estimated” payments – prepayments toward a taxpayer's projected tax liabilities for the calendar year.
Sales tax receipts were up $167 million (9.7 percent). Only corporate taxes missed the mark for September, coming in $80.4 million below (9.0 percent) projections.
The state ended the month with a general fund cash deficit of $14.7 billion, which was covered with both internal and external borrowing.
That figure is down from last year, when the state faced a cash deficit of $22.3 billion at the end of September 2012.
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