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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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LAKE COUNTY, Calif. – The idea of “Casual For A Cause – Denim Days” began in January 2012 with a group of Savings Bank employees who wanted an additional way to make a difference in our communities during these difficult economic times.
Every Friday, employees have the opportunity to dress casual by wearing denim jeans to work while supporting a variety of local nonprofit organizations through voluntary donations. Employees at each branch select the agency of their choice once a year.
The Savings Bank Lakeport Branch employees chose the Lake Family Resource Center as their 2013 beneficiary of choice, raising $851.
“The generosity of the employees at Savings Bank offers powerful support to the many critical services we provide to the residents of Lake County,” said Gloria Flaherty, Lake Family Resource Center executive director. “We rely greatly on the community to help us continue to offer excellent service in all of our programs.”
As the local community bank, Savings Bank is proud to be celebrating 110 years of value in 2013 and their tradition of giving back to their communities and the community support and volunteer time that their employees provide.
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SACRAMENTO – Director of the Governor’s Office of Business and Economic Development (GO-Biz) Kish Rajan on Tuesday announced that Gov. Brown has signed legislation to streamline the state’s export certificate program and decrease delays for California businesses looking to export goods.
“California is a world leader in exporting, generating $162 billion in annual exports through our vast network of ports and airports,” said Rajan. “The governor’s action ensures that California businesses will no longer face delays when accessing foreign markets which can increase the state’s overall trade activity.”
AB 1400, authored by the Assembly Committee on Jobs, Economic Development and the Economy, allows California businesses requesting an export document from the Department of Public Health to make the request electronically.
The bill would also increase the term of an export document from six months to one year.
Prior to the governor’s action, the export document was only valid for six months and there was a significant delay in processing times.
The number of applications for export documents increased from 1,731 in 2001 to 9,565 in 2012. Because of the increase in applications, the time to issue an export document increased to between five and eight weeks.
“AB 1400 will improve the business climate in California by reducing delays in processing necessary documents for California exporters, said Susanne Stirling, CalChamber Vice President of International Affairs. “Reducing or even eliminating a backlog in the issuance of these documents will send a strong message to California businesses as well as our global export partners that California is open for business and supports a growing economy.”
An export certificate issued by the State of California states that a particular item meets the regulations to be sold on the market in California. These are particularly important for producers of foods, drugs and medical devices.
California is the number one state exporter for over 20 different industries, including agriculture. The State’s dairy industry alone has increased by 29 percent every year since 2002.
Export certificates issued by the State of California are required for all of these exports. This legislation will streamline the process and allow California exporters to ship their goods to foreign countries in a timely matter, avoiding unnecessary delays and extra shipping costs.
According to the Business Roundtable, international trade in California supports 4.4 million jobs and creates hundreds of billions of dollars’ worth of commerce every year. Many countries require export certificates issued by the State of California for all of these exports.
GO-Biz serves as California’s office for economic development and offers a range of services to business owners. Those services include attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, important informational briefings and much more.
For more information visit: www.business.ca.gov .
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MIDDLETOWN, Calif. – Lake County Websites and Computer Repair will host a workshop on Windows 8 on Saturday, Oct. 12.
The workshop will be held from 2 p.m. to 4 p.m. at 15642 Armstrong St. in Middletown in the Jazzercise Center (two blocks behind the post office).
The workshop has a $15 admission fee.
This workshop will help you learn and maximize your use of Windows 8. If you already have Windows 8 or are thinking about buying a new computer with Windows 8, this workshop is for you.
You will learn how to:
- Install the free Anti-Virus that comes with Windows 8;
- Customize your desktop and tiles to get to your favorite programs faster;
- Learn how to use the new internet browser more efficiently;
- Pin any of your favorite websites to your start screen;
- Easily install the new Windows 8 applications;
- Work with multiple windows at the same time.
In addition, the presenter, Mark Rudiger, will also present information on the different computers and tablets available with Windows 8 and whether changing operating systems might be the right move for you.
Rudiger is the owner of Lake County Websites & Computer Repair and has more than 18 years of experience installing, trouble-shooting, and working with computers.
During the course of his daily work as a computer repair tech and website designer, he has been repeatedly asked to offer this kind of workshop.
If you have a laptop, bring it along and connect to the high-speed Internet. If you don’t, you can follow along on Rudiger’s laptop screen which will be projected on a 120-inch screen.
Go to www.facebook.com/lakecountywebsites to join the event for this and other upcoming workshops.
For more information or to reserve your spot, call Rudiger at 707-987-1923 or email