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 […]
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 […]
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 […]
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 […]
Sacramento – California’s gasoline demand rose 3.3 percent in May as prices hit $4.35 per gallon, according to fuel tax data released by George Runner, Second District Member of the California State Board of Equalization (BOE). Diesel consumption increased 7.1 percent in May. (See chart for month-over-month monthly gasoline and diesel consumption comparisons.) “Growing fuel […]
Camino, CA…Some of the most famous State Senators in recent California history gathered for Rico Oller, candidate for Assemblyman in the 5th District at a BBQ fundraiser at High Hills Ranch in Camino, this weekend in El Dorado County. An historic photograph (attached) includes four former State Senators (left to right) John Briggs, H.L. Richardson, […]
Sacramento, CA…Despite my efforts to stop it by referendum and legislation, the illegal fire tax is being assessed on more than 825,000 rural Californians starting this month, including 23,224 in Calaveras County. This so-called fee was passed in 2011 to extract up to $150 per habitable structure from property owners. The tax will not provide […]
SACRAMENTO – George Runner today reported that sales and use tax revenues received by the State Board of Equalization in July narrowly exceeded budget projections. “Contrary to what you may have heard, the sky is not falling in California—at least not as it pertains to sales tax revenue,” said Runner. “I’m pleased to report that […]
CBO Estimates Fourth Year of Over $1 Trillion Budget Deficit Washington, DC…For fiscal year 2012 (which ends on September 30), the federal budget deficit will total $1.1 trillion, CBO estimates, marking the fourth year in a row with a deficit of more than $1 trillion. That projection is down slightly from the $1.2 trillion deficit […]
South Lake Tahoe, CA…No fanfare. No high fives. Not even a story in the local press. Yet an unprecedented moment in Lake Tahoe history transpired last week that may shape the Tahoe Basin for decades to come. That moment was the agreement reached by the Bi-State Consultation group, which should serve as the foundation for […]
