Business News
- Details
- Written by: Editor
California gasoline consumption remained flat, while diesel fuel consumption in California declined.
“California’s gasoline consumption remained flat as gas prices have risen more than 59 cents per gallon,” said First District Member Betty T. Yee. “However, there has been more recent variation in diesel consumption.”
California’s gasoline consumption remained flat in February with 1.131 billion gallons of gasoline, compared to 1.131 billion gallons in February 2010.
In February 2011, the average price of gasoline at the pump in California was up 59 cents to $3.58 a gallon, a 20 percent increase, compared to California’s average price of $2.99 per gallon of gasoline in February 2010.
The U.S. average price of gasoline in February 2011 was up 56 cents to $3.26 per gallon, a 21 percent increase, compared the U.S. average price of $2.70 per gallon of gasoline in February 2010.
In February 2011, California’s diesel consumption totaled 176.5 million gallons, which is 19.1 million gallons less than February 2010 when diesel consumption totaled 195.6 million gallons, a decrease of 9.8 percent.
However, the February 2010 figures include an additional 11.3 million gallons of diesel fuel due to an audit assessment of prior monthly reporting periods.
If the audit assessment of 11.3 million gallons in February 2010 are excluded from the calculations, diesel consumption still decreased by 4.2 percent in February 2011.
California’s diesel fuel figures are net consumption that includes the State Board of Equalization’s audit assessments, refunds, amended and late tax returns, and the California State Controller’s Office refunds.
The average price of diesel in California rose 86 cents to $3.80 per gallon in February 2011, a 29 percent increase compared to February 2010’s average price of $2.94 per gallon of diesel fuel in California.
The U.S. average price for diesel rose 28 percent in February 2011 to $3.58 per gallon, up 79 cents compared to last year in February when the U.S. average price for diesel was $2.79.
The State Board of Equalization is able to monitor gallons through tax receipts paid by fuel distributors in California.
Consumption figures for March 2011 are scheduled to be available at the end of June.
All monthly, quarterly, and annual figures can be viewed at www.boe.ca.gov/sptaxprog/spftrpts.htm.
The five-member California State Board of Equalization is a publicly elected tax board.
The BOE collects more than $48 billion annually in taxes and fees supporting state and local government services.
It hears business tax appeals, acts as the appellate body for franchise and personal income tax appeals, and serves a significant role in the assessment and administration of property taxes.
For more information on other taxes and fees in California, visit www.taxes.ca.gov.
- Details
- Written by: Editor
Due to the state budget crisis and a reduction of $32 million in funding, fairs will have to carefully consider how to continue current operations.
“While the budget situation definitely presents a challenge, this could be an opportunity, as well,” said Secretary Ross. “California’s fairs are an important part of our communities, and I am committed to working with the fairs to find ways they can be more entrepreneurial, including exploring options for more local control.”
The network of California fairs consists of 78 fairs operating under CDFA fiscal oversight. Fifty-two of them are District Agricultural Associations (DAAs), which are governed by boards of directors appointed by the governor.
According to Gov. Brown’s directive, the plan to be developed by Secretary Ross shall include real and personal property holdings and the feasibility of restructuring the governance of fairs.
- Details
- Written by: Editor
Local governments will collect an estimated $947.3 million in revenue (including penalties) over the next fiscal year based on these values. The values were set at Tuesday's board meeting in Sacramento.
Total values were up $5.1 billion over those adopted by the board last year, and will generate approximately $63.5 million in taxes for local governments than in the current fiscal year.
Values were set for 413 companies with property in California. They include telephone (long distance, local, and wireless), gas and electric companies, railroads and intercounty pipelines.
While most properties are assessed by county officials, privately-held public utilities are assessed by the BOE statewide. These properties are not subject to Proposition 13 and are reappraised annually at their market value.
A “unitary value” includes improvements, personal property, and land. A unitary valuation applies to properties owned or used by public utilities and railroads and considered necessary to their operation.
The BOE determines the fair market value as of January 1st of each year by considering market conditions, use of the property, income generated by the property, replacement costs, and investments in the property, regulatory climate, depreciation, and other factors.
The values set by the BOE are used by county governments to levy local property taxes, which help support county governments, cities, special districts, and schools. Penalties are assessed for late or incomplete filings or failure to file with the BOE.
For more information on the BOE’s State Assessed Properties Program, visit www.boe.ca.gov/proptaxes/sappcont.htm.
Yee was elected to her post in November 2006. Her district includes many of California's coastal counties, from Del Norte to Santa Barbara, and includes the entire San Francisco Bay Area.
The five-member California State Board of Equalization (BOE) is a publicly elected tax board.
The BOE collects more than $48 billion annually in taxes and fees supporting state and local government services.
It hears business tax appeals, acts as the appellate body for franchise and personal income tax appeals, and serves a significant role in the assessment and administration of property taxes.
For more information on other taxes and fees in California, visit www.taxes.ca.gov.
- Details
- Written by: Editor
Fourteen employers sent recruiters to filter through over 150 potential applicants who came seeking work.
There also were applications and job descriptions available from several businesses that had open positions but were unable to attend.
Evergreen Healthcare, Scully Packing, county of Lake, Jameson Chiropractic, the US Army, AmeriCorps, Senior Helpers, Aflac, California Mentor, California Department of Human Development, California Conservation Corps and Bicoastal Media all attended to recruit for various positions.
Bicoastal Media, KXBX 98.3FM, broadcasted live from the event, adding some music to the mix, all while they themselves recruited for an outside sales position.
Lake One-Stop representatives had the opportunity to spend a few seconds on-air to tell the public about the job fair and what Lake One-Stop, Inc. has to offer job seekers and employers. Luckily, the weather turned out warm and sunny – leaving the rainy first half of the week behind.
“This is a great venue to be able to actually meet possible candidates,” said Mei-Ling Jameson, chiropractic assistant of Jameson Chiropractic. “Compliments to the hosts: Lake One-Stop Inc. and EDD, for putting on this event. It benefits both employers and job seekers.”
“We had a great turnout – a lot of professional and prepared job seekers,” said Melinda Leister, intake specialist for Lake One-Stop. “We also had a large group of employers who took the time to come down to our job fair and meet with possible candidates.”
David Rodgers, 28, of Lucerne has been unemployed for almost two weeks, and was happy to have the chance to hand out his resume to the employers he was interested in.
“The job fair was really nice – everyone was nice and answered all of my questions,” he said.
EDD and Lake One-Stop Inc. would like to thank all of the employers who made the job fair such a success – and they wish all job seekers well in their search for employment. Expect future job fairs as the next one is already being planned.
Another big thank you goes out to Lynn Wiley of Resume Solutions By Wiley, who volunteered her time and expertise to help review the resumes of many job seekers, and gave them valuable tips on how to improve them.
You can reach Lake One-Stop Inc. at 707-263-0630 in Lakeport, and at 707-994-0633 in Clearlake.
How to resolve AdBlock issue?