Business News
LOWER LAKE, Calif. – Shannon Ridge Family of Wines announces the appointment of Brian Altomari to the position of national sales manager, effective immediately.
Reporting directly to Clay and Angie Shannon, he will be responsible for sales and distribution throughout the US.
Altomari brings 17-plus years of industry experience to this new position.
Prior to joining Shannon Ridge Family of Wines, Altomari’s employers included Hundred Acre Wine Group, Treasury Wine Estates and Southern Wine and Spirits, based in the Chicago and Florida markets.
“I’m beyond excited to join such a well-respected and family-owned company as Shannon Ridge Family of Wines,” said Altomari. “I’ve worked my entire career to reach this level and will have one of the most organized and productive sales teams in the industry.”
Altomari obtained his Bachelor of Science in marketing from the Pennsylvania State University, major in marketing with minors in information systems and statistical analysis, and speech communication. He will be relocating to Nashville, Tennessee.
“With his experience and high energy level, we think Brian will take our sales and distribution to the next level,” said Angie Shannon. “We’re very excited to have him join our team.”
The Shannon Ridge Family of Wines portfolio includes Cross Springs, Dalliance, High Valley, Hillgate, Playtime, Vigilance Vineyards, and Shannon Ridge. Visit the company online at www.shannonridge.com.
Reporting directly to Clay and Angie Shannon, he will be responsible for sales and distribution throughout the US.
Altomari brings 17-plus years of industry experience to this new position.
Prior to joining Shannon Ridge Family of Wines, Altomari’s employers included Hundred Acre Wine Group, Treasury Wine Estates and Southern Wine and Spirits, based in the Chicago and Florida markets.
“I’m beyond excited to join such a well-respected and family-owned company as Shannon Ridge Family of Wines,” said Altomari. “I’ve worked my entire career to reach this level and will have one of the most organized and productive sales teams in the industry.”
Altomari obtained his Bachelor of Science in marketing from the Pennsylvania State University, major in marketing with minors in information systems and statistical analysis, and speech communication. He will be relocating to Nashville, Tennessee.
“With his experience and high energy level, we think Brian will take our sales and distribution to the next level,” said Angie Shannon. “We’re very excited to have him join our team.”
The Shannon Ridge Family of Wines portfolio includes Cross Springs, Dalliance, High Valley, Hillgate, Playtime, Vigilance Vineyards, and Shannon Ridge. Visit the company online at www.shannonridge.com.
- Details
- Written by: Shannon Ridge Family of Wines
SACRAMENTO – During the first month of the 2018-19 fiscal year, California took in less revenue than estimated in the budget enacted at the end of June, State Controller Betty T. Yee reported Friday.
Total revenues of $6.63 billion for July were lower than anticipated by $294.7 million, or 4.3 percent.
While sales taxes missed the mark, personal income tax (PIT) and corporation tax – the other two of the “big three” revenue sources – came in higher than projected.
For July, PIT receipts of $5.22 billion were $231.7 million, or 4.6 percent, more than expected.
July corporation taxes of $446.4 million were $82.2 million, or 22.6 percent, above 2018-19 Budget Act assumptions.
Sales tax receipts of $818.4 million for July were $659.1 million, or 44.6 percent, less than anticipated in the FY 2018-19 budget. Most of the variance was due to when the money was recorded.
At the beginning of FY 2018-19, the state’s General Fund had a positive cash balance of $5.54 billion. Receipts were $3.62 billion less than disbursements in July, which left a cash balance of $1.92 billion at the end of the month.
There was no internal borrowing, which was $2.19 billion less than the 2018-19 Budget Act estimated the state would need by the end of July. Unused borrowable resources were 7.5 percent higher than projected in the budget.
Total revenues of $6.63 billion for July were lower than anticipated by $294.7 million, or 4.3 percent.
While sales taxes missed the mark, personal income tax (PIT) and corporation tax – the other two of the “big three” revenue sources – came in higher than projected.
For July, PIT receipts of $5.22 billion were $231.7 million, or 4.6 percent, more than expected.
July corporation taxes of $446.4 million were $82.2 million, or 22.6 percent, above 2018-19 Budget Act assumptions.
Sales tax receipts of $818.4 million for July were $659.1 million, or 44.6 percent, less than anticipated in the FY 2018-19 budget. Most of the variance was due to when the money was recorded.
At the beginning of FY 2018-19, the state’s General Fund had a positive cash balance of $5.54 billion. Receipts were $3.62 billion less than disbursements in July, which left a cash balance of $1.92 billion at the end of the month.
There was no internal borrowing, which was $2.19 billion less than the 2018-19 Budget Act estimated the state would need by the end of July. Unused borrowable resources were 7.5 percent higher than projected in the budget.
- Details
- Written by: Lake County News Reports
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