BOARD COMPLETES KEY STEPS IN BUDGET PROCESS, TAKES SEVERAL OTHER ACTIONS

BOARD COMPLETES KEY STEPS IN BUDGET PROCESS, TAKES SEVERAL OTHER ACTIONS

Auburn, CA…The Placer County Board of Supervisors completed two key steps in the county’s budget-development process this week, setting the stage for adoption of a final 2012-13 budget on Sept. 25. At a meeting Tuesday, board members first held a public hearing on the proposed final budget and then directed staff to prepare a final […]

FED Announces Plan to Purchase $40 Billion Per Month in Mortgage Backed Securities

FED Announces Plan to Purchase $40 Billion Per Month in Mortgage Backed Securities

Washington, DC…Information received since the Federal Open Market Committee met in August suggests that economic activity has continued to expand at a moderate pace in recent months. Growth in employment has been slow, and the unemployment rate remains elevated. Household spending has continued to advance, but growth in business fixed investment appears to have slowed. […]

Tallac Historic Site project proposal seeks comments

Tallac Historic Site project proposal seeks comments

South Lake Tahoe, Calif. –The U.S. Forest Service Lake Tahoe Basin Management Unit is asking for public input on improvements proposed under the Historic Facilities Best Management Practices (BMPs) Retrofit project. The proposal would improve water quality and enhance sustainable recreational opportunities at the Tallac Historic Site on Lake Tahoe’s South Shore. The Forest Service […]

Disaster Assistance Available for California Small Businesses

Disaster Assistance Available for California Small Businesses

Sacramento, CA – Small, nonfarm businesses in 33 California counties and neighboring counties in Nevada are now eligible to apply for lowinterest federal disaster loans from the U. S. Small Business Administration (SBA).  “These loans offset economic losses because of reduced revenues caused by the drought that began January 1, 2012, in the following primary […]

Still A Few Spots Open In Business Breakthrough Series

Still A Few Spots Open In Business Breakthrough Series

South Lake Tahoe, CA…The Business Breakthrough Series begins this Wednesday, and there are a few seats left for anyone looking to start, grow, or expand their business. I have attached the flyer and would love any last minute help getting the word out. To find out if you qualify to attend FREE, please visit www.tahoetacticalteam.com/application […]

Treasury Announces Public Offering of AIG Common Stock

WASHINGTON – Today, the U.S. Department of the Treasury announced that it has launched an underwritten public offering of $18.0 billion of its American International Group, Inc. (AIG) common stock. AIG has indicated that it intends to purchase up to $5.0 billion of the common stock sold by Treasury in this offering at the initial […]

Small Business CDCR Certification Workshop

SACRAMENTO — The California Department of Corrections and Rehabilitation (CDCR) and the Department of General Services (DGS), State Senator Lois Wolk, Assemblymember Mariko Yamada and local agencies have partnered to develop a series of workshops throughout California to help Small Businesses (SB), Disabled Veteran Business Enterprises (DVBE), and non-profit agencies learn about local government contracting […]

6th Annual Autumn Fest to Kick-Off the Fall Season

6th Annual Autumn Fest to Kick-Off the Fall Season

South Lake Tahoe, CA, —The Tahoe Resource Conservation District (Tahoe RCD) will be hosting the 6th annual Autumn Fest in the beautiful Lake Tahoe Demonstration Garden, located at Lake Tahoe Community College (LTCC), from 11am-4pm on Sunday, September 16th. The free festival, run in cooperation with LTCC, is quickly becoming a Tahoe fall tradition packed […]

Monetary Policy since the Onset of the Crisis ~By Fed Chair Ben S. Bernanke

Monetary Policy since the Onset of the Crisis ~By Fed Chair Ben S. Bernanke

Jackson Hole, WY….When we convened in Jackson Hole in August 2007, the Federal Open Market Committee’s (FOMC) target for the federal funds rate was 5-1/4 percent. Sixteen months later, with the financial crisis in full swing, the FOMC had lowered the target for the federal funds rate to nearly zero, thereby entering the unfamiliar territory […]

New Law Requires Out-of-State Retailers to Collect Use Tax

Sacramento – Beginning September 15, 2012, a new law takes effect (Stats. 2011, ch. 313 (AB 155) that expands the types of out-of-state retailers required to register with the California State Board of Equalization (BOE) and requires them to begin collecting and remitting use tax on sales of tangible personal property to California consumers. The […]