Business News
KELSEYVILLE, Calif. – Country Air Properties held its annual awards banquet last week at the Riviera Hills Country Club in Kelseyville.
Fifty people attended the event and witnessed the company’s top agents getting recognition for their 2017 sales.
Julie Taylor earned “Agent of the Year” for closing her personal all-time best of $11.8 million.
This makes the fifth time she was the companies top selling agent during her 13 years with the firm.
The remainder of the top five were (in order) Rob Ishihara, Michael Crawford, Irene Rivas and Jim Magliulo.
Rookie of the Year was Diane Guzman and Best New Agent was Theresa Serna-Moreno. Employee of the Year was Lindsey Hunter.
Broker Phil Smoley was master of ceremonies and reviewed the year’s highlights for the company, the biggest of which was the opening of their new Lakeport location, which he claimed was the largest and most professional real estate office in Lake County.
He also spoke to the fact that 12 agents had been with the company between 10 and 33 years, and that continuity was a large part of making the firm the all-time top selling brokerage in Lake County.
Country Air Properties is a locally owned and operated real estate brokerage and has been in continuous operation since 1980. They have offices in Lakeport, Cobb and Kelseyville.
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SACRAMENTO – California’s total revenues of $6.51 billion for February were slightly lower than estimates in the governor’s 2018-19 proposed budget by 6.3 percent, and under 2017-18 Budget Act projections by 8.7 percent, State Controller Betty T. Yee reported on Friday.
For the fiscal year overall, the “big three” sources of General Fund revenue, personal income tax (PIT), retail sales and use tax, and corporation tax, are beating estimates in the enacted budget.
For the first eight months of the 2017-18 fiscal year, total revenues of $81.07 billion are 3.1 percent higher than expected in the January budget proposal, 6.0 percent above the enacted budget’s assumptions, and 10.6 percent higher than the same period in 2016-17.
For February, PIT receipts of $2.99 billion were 14.4 percent below the proposed budget’s projections.
The decrease of $505 million in February’s PIT revenues is due to the net impact of lower receipts and higher refunds, which were $293 million above estimates in the governor’s proposed budget.
For the fiscal year, PIT receipts are higher than anticipated in the 2017-18 Budget Act by $2.92 billion.
Corporation taxes for February of $164.3 million were 23.1 percent higher than expected in the proposed budget. For the fiscal year to date, total corporation tax receipts are 28.1 percent above assumptions in the 2017-18 Budget Act.
Sales tax receipts of $3.24 billion for February were $22.6 million higher than anticipated in the governor’s budget proposal unveiled in January. For the fiscal year, sales tax receipts are $421.6 million higher than the enacted budget’s expectations.
Unused borrowable resources through February exceeded revised projections by 28.3 percent. Outstanding loans of $9.72 billion were 27.9 percent less than the 2018-19 proposed budget assumed the state would need by the end of February. The loans were financed entirely by borrowing from internal state funds.
For the fiscal year overall, the “big three” sources of General Fund revenue, personal income tax (PIT), retail sales and use tax, and corporation tax, are beating estimates in the enacted budget.
For the first eight months of the 2017-18 fiscal year, total revenues of $81.07 billion are 3.1 percent higher than expected in the January budget proposal, 6.0 percent above the enacted budget’s assumptions, and 10.6 percent higher than the same period in 2016-17.
For February, PIT receipts of $2.99 billion were 14.4 percent below the proposed budget’s projections.
The decrease of $505 million in February’s PIT revenues is due to the net impact of lower receipts and higher refunds, which were $293 million above estimates in the governor’s proposed budget.
For the fiscal year, PIT receipts are higher than anticipated in the 2017-18 Budget Act by $2.92 billion.
Corporation taxes for February of $164.3 million were 23.1 percent higher than expected in the proposed budget. For the fiscal year to date, total corporation tax receipts are 28.1 percent above assumptions in the 2017-18 Budget Act.
Sales tax receipts of $3.24 billion for February were $22.6 million higher than anticipated in the governor’s budget proposal unveiled in January. For the fiscal year, sales tax receipts are $421.6 million higher than the enacted budget’s expectations.
Unused borrowable resources through February exceeded revised projections by 28.3 percent. Outstanding loans of $9.72 billion were 27.9 percent less than the 2018-19 proposed budget assumed the state would need by the end of February. The loans were financed entirely by borrowing from internal state funds.
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- Written by: California Controller's Office
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