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Business News

Merchants association to hold July 19 meeting, mixer

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Written by: Editor
Published: 11 July 2012

MIDDLETOWN, Calif. – The Middletown Area Merchants Association (MAMA) will hold its monthly meeting and mixer on Thursday, July 19.

The general membership meeting will begin at 5:30 p.m. and is being held at the Calpine Visitor's Center, 15500 Central Park Road.

The meeting will be followed by a mixer from 6 p.m. to 7:30 p.m. hosted by The Big Chill Frozen Yogurt Shop in the Coyote Valley Shopping Center, 18990 Coyote Valley Road, Suite 16, in Hidden Valley Lake.

Both the general meeting and mixer are open to the public. Members are encouraged to bring a guest.

For more information, contact Gary Graves at This email address is being protected from spambots. You need JavaScript enabled to view it. .

State controller releases June cash report

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Written by: Editor
Published: 10 July 2012

SACRAMENTO – State Controller John Chiang on Tuesday released his monthly report covering California’s cash balance, receipts and disbursements in June and for the complete 2011-12 fiscal year.

“The fiscal year ended with solid numbers in June – the State’s largest revenue month – but some revenue streams remain weak,” said Chiang. “California’s economy, like its General Fund Budget, still has a long way to go before it can achieve a full recovery.”

The 2011-12 fiscal year ended with $87.8 billion in receipts and $89.2 billion in disbursements, but that shortfall was $1 billion lower than projected.

In the month of June, total revenues were $247 million (2.2 percent) above projections made in the Governor’s May Revision.

Personal income taxes rose $496.3 million above (7.7 percent) projections, and sales taxes were also up $1.3 million (0.1 percent).

Corporate taxes were down for the month, coming in $305.7 million (-15.5 percent) below projections.

The state ended the fiscal year with a cash deficit of $9.6 billion. That deficit is being covered with internal borrowing (temporary loans from special funds).

A snapshot of monthly revenues and comparisons can now be found on the State Controller’s mobile Web site, www.sco.ca.gov/mobile .

Local economic development focus of Thrive Lake County's July meeting

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Written by: Editor
Published: 08 July 2012

LAKEPORT, Calif. – Richard Cooper, chief executive officer of Mendo Lake Credit Union and board member of the Economic Development Finance Corporation (EDFC), and John W. Kuhry, executive director of EDFC, will be the featured speakers at Thrive Lake County's meeting on Monday, July 30.

Cooper will follow up a presentation made at June's Local Investing Opportunity Network meeting. He will further explain the current and planned financing options the credit union has for entrepreneurs looking to build or grow their business.

Kuhry will focus his presentation on the Recycling Market Development Zone (RMDZ) program, which is administered by EDFC.

RMDZ provides attractive loans, technical assistance and free product marketing to businesses that use materials from the waste stream to manufacture their products within a zone.

Both men will also field questions regarding the role of EDFC in connecting money to entrepreneurs and ideas.

Time will also be provided at the meeting for networking and open space discussions on energy, food, policy, and alternative economies.

The meeting will run from 5:30 p.m. to 7:30 p.m. and will be held In the community room at the Lucerne Community Clinic on Route 20 at 14th Street in Lucerne.

Admission is $5 for Thrive Lake County members and $10 for non-members to cover the cost of refreshments.

Please RSVP by commenting on Thrive Lake County's blog post at www.thrivelakecounty.org/2/post/2012/07/july-quarterly-meeting.html .

State board to focus on agricultural land preservation at July 10 meeting

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Written by: Editor
Published: 05 July 2012

SACRAMENTO – The California State Board of Food and Agriculture will discuss agricultural land preservation and the Williamson Act at its upcoming meeting on July 10.

The meeting will be held from 10 a.m. to 3 p.m. at the California Department of Food and Agriculture, 1220 ‘N’ St., main auditorium, Sacramento, CA 95814.

“Agricultural land is one of the most significant resources that we have within California,” said CDFA Secretary Karen Ross. “How we protect this precious resource and ensure that future generations have access to it is critical for the state and our urban and rural communities.”

On average, California loses approximately 55,000 acres of farmland per year or about one square mile every four days.

Between 1984 and 2008, more than 1.3 million acres of farm and grazing lands were lost in California.

This meeting will highlight programs and efforts to protect and preserve agricultural lands at the county and state level.

Scheduled speakers include: John Lowrie, California Department of Conservation; John Gamper, California Farm Bureau Federation; Edward Thompson, Jr., American Farmland Trust; Ethan Elkind, University of California Berkeley; Heather Fargo, Strategic Growth Council; Billy Gatlin, California Cattlemen’s Association; Karen Buhr, California Association of Resource Conservation Districts; William Chiat, California Association of Local Agency Formation Commissions; and David Shabazian, Sacramento Area Council of Governments.

“Agriculture is truly one of the great landscapes of our state,” said President Craig McNamara, California State Board of Food and Agriculture. “Protecting farm land is not just the responsibility of farmers, ranchers and nonprofit organizations. It is also the responsibility of local communities, developers and consumers.”

The California State Board of Food and Agriculture advises the governor and the CDFA secretary on agricultural issues and consumer needs.  

The state board conducts forums that bring together local, state and federal government officials, agricultural representative and citizens to discuss current issues of concern to California agriculture.

Follow the board on Twitter at www.twitter.com/Cafood_agboard .

  1. Pacific Gas and Electric Co. submits preliminary filing in 2014 General Rate Case
  2. GEA to recognize leaders in geothermal development Aug. 7
  3. Calpine's Geysers operations receives Outstanding Lease and Facility Maintenance Award
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