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Business News

Wildhurst Vineyards appoints Dilley as new winemaker

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Written by: Editor
Published: 13 July 2015

KELSEYVILLE, Calif. – Myron and Marilyn Holdenried have introduced Stephen Dilley as the newest member of the Wildhurst Vineyards winery team.

Dilley will serve as the winemaker, overseeing production of the new vintages for 2015.

“We are looking forward to working with Stephen in the upcoming 2015 vintage. He is dedicated to making premium wines and has the experience to carry us forward,” said Wildhurst President Myron Holdenried.

Dilley brings with him knowledge, expertise and enthusiasm for the wine business.

He was born in New Jersey and grew up in Pennsylvania. He continued to move westward when he attended and graduated from the University of New Mexico in Albuquerque.

After a brief career with Verizon in Pennsylvania, Dilley decided to fulfill a long dream of studying enology.

In 2008, he received his Certificate of Special Study in enology with a second bachelor of science equivalent from California State University, Fresno.

Dilley’s first winemaking position was with Tulip Hill Winery in Nice.

He has spent the last three years as assistant winemaker at premium Napa and Sonoma wineries.

Dilley also has developed his own wine under the label of Lavender Blue, and has shown and sold his wines through the Lake County Wine Studio.

Visit Wildhurst online at https://www.wildhurst.com/ .

State controller’s May cash report shows receipts $69.1 million above expectations

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Written by: Editor
Published: 17 June 2015

SACRAMENTO – Less than a month after the governor revised his proposed 2015-16 state budget, May receipts for the state’s general fund exceeded the governor’s new projections by $69.1 million, according to State Controller Betty T. Yee’s monthly report of California’s cash balance, receipts and disbursements.

At the same time, May receipts were $317.9 million less than anticipated when the budget for the 2014-15 fiscal year was enacted a year ago.

All told, though, general fund receipts through May 31 outstripped projections in last year’s Budget Act by $5.8 billion, or 6.2 percent.

And receipts have exceeded last year’s actual receipts by $10.7 billion, or 12 percent, reflecting a stronger California economy.

May retail sales and use taxes surpassed estimates in the May budget revision by $29.8 million.

The state’s other two major taxes were both lower than anticipated – the personal income tax by $3.7 million and the corporation tax by $20.2 million.

Total general fund receipts were $7.6 billion, almost 1 percent higher than projected in the May revision.

Compared to the 2014-15 budget, May personal income tax came in $333.7 million short. About $85 million of this amount resulted from lower withholdings from workers’ paychecks, with another $19 million attributable to higher-than-expected income tax refunds.

Retail sales and use taxes fell short by $88.7 million and corporation taxes by $4.5 million. In total, the top three sources of revenue came in $426.9 million less than expected in the budget enacted a year ago.

But May receipts were an anomaly in an otherwise strong year, with total general fund receipts at $99.6 billion, compared to the $93.7 billion anticipated when the 2014-15 budget was approved.

The general fund, the source of most state spending, ended the month with outstanding loans of $6.1 billion, which is $7.8 billion less than anticipated in last year’s budget.

The state’s sources of internal funds that can be borrowed to cover short-term cash shortfalls ended the month at $32.2 billion, about $4.3 billion higher than projections.

This reflects the strength of special funds which, like the general fund, have done better than expected.

Homeownership Expo to feature panel discussions

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Written by: Editor
Published: 12 June 2015

LAKEPORT, Calif. – The Lake County Association of Realtors (LCAOR) has put together a variety of speakers and panel discussions as part of the Homeownership Expo this weekend.

The expo will be held at Fritch Hall in the Lake County Fairgrounds in conjunction with the Spring Fair on Friday, Saturday and Sunday, from 2 to 8 p.m.

There will be a $5 admission fee to the Spring Fair. Attendance is open to the general public. The admission fee includes access to the Spring Fair and the Homeownership Expo.

“Anyone who is planning to buy a home, or who currently owns a home, or who is  getting ready to sell a home, will find great information at the Expo,” said Scott Knickmeyer, executive director of LCAOR.

Along with an action-packed schedule for the three-day event, Knickmeyer said they are having a presentation by Phil Smoley of Country Air Properties on selecting an investment property and a presentation by Jacie Casteel from Sterling Mortgage on getting a home loan.

“There will be panel discussions on buying land, preparing your home to sell, and inspections that are important when you are in escrow,” Knickmeyer said.

For more information and the detailed schedule of speakers, go to www.homeownershipexpo.com .

Senate passes McGuire's coastal offshore oil drilling ban; bill closes loophole

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Written by: Editor
Published: 04 June 2015

NORTH COAST, Calif. – On Wednesday the California Senate approved North Coast Sen. Mike McGuire’s legislation to forever protect California’s coast from new offshore oil development.

“California’s coast is truly a worldwide wonder. Its natural beauty attracts 150 million visitors annually from all across the planet. It is a core part of this great state’s identity and our coastal economy is a main driver of our statewide economic engine. In the wake of last month’s devastating oil spill, we cannot afford to wait any longer to permanently ban new oil drilling off our coast,” McGuire said.

Senate Bill 788 would forever ban any new oil drilling in state waters off of the California Coast, and would not only protect our environment, it would help California’s coastal economy thrive.

Coastal communities contribute $40 billion annually to the state’s economy along with 500,000 jobs working families depend on.

SB 788 was jointly authored by Sen. Hannah Beth Jackson (D-Santa Barbara), who represents the area where the spill occurred. 

“The Refugio Oil Spill has been a dramatic wake up call, reminding us just how destructive and dirty oil can be,” said Sen. Hannah-Beth Jackson. “Tranquillon Ridge is one of the most important bio-regions on the planet. It is a place of extraordinary and wondrous diversity. If there’s ever a place and time where were should commit to no new offshore drilling, it should be here, in this extraordinary place known as Tranquillon Ridge, and it should be now, when the consequences of oil – oil-covered birds and an oil-drenched coastline – are so fresh in our minds.”

The bill was brought forward on the Senate floor as part of a historic package of legislative proposals that will strengthen California’s global leadership in tackling climate change.

Comprised of 12 bills, the California Climate Leadership package includes new environmental and energy standards that will spur innovation and economic growth, and efforts to protect the state’s environment and make renewable energy and clean technology accessible to all Californians, while driving the goal of reducing our state’s petroleum use 50 percent by 2030.

More than 15,000 individuals have signed a petition endorsing SB 788, and the legislation is supported by a broad coalition of the state’s leading environmental organizations including the Sierra Club, Audubon of California, California League of Conservation Voters, the Center for Climate Protection, the Environmental Defense Fund, Natural Resources Defense Council, as well as fisherman’s organizations, tribal groups and clean water advocates.

The bill is co-authored by Senator Hannah-Beth Jackson, and Senators Mark Leno, Ben Allen, Loni Hancock, Bill Monning, Lois Wolk and Assemblymembers Bill Dodd, Marc Levine, Mark Stone, Jim Wood and Das Williams.

McGuire (D-Healdsburg) represents 40 percent of California’s coastline from the Golden Gate Bridge to the Oregon border.

  1. Feinstein joins coalition in support of McGuire’s vacation rental legislation
  2. Thompson introduces New Energy for America Act; legislation supports clean energy, continued job growth
  3. CDFA announces 2015 funding for the State Water Efficiency And Enhancement Program
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