In November, the Sacramento Region Business Association launched Region Finance, a trade association created to help local governments do more business with community banks. Its board consists of executives from local banks — including River City Bank, American River Bank and others — pushing to keep businesses, resources and funds local to spur economic growth.
Virginia Varela, Golden Pacific Bank president and CEO, offers her insight into the region’s community banks.
California’s major revenue sources have shifted over time. Until 1995, the biggest was property taxes. Today, it’s personal income taxes.
And California ranks fairly high in overall taxation: 10th highest both per capita and as a percentage of personal income, based on the latest available data from the U.S. Census.
We are a small business with a staff of three: myself, my husband and one employee. As a seasonal business, we are sometimes very busy and sometimes have hardly any business at all. Recently, our employee asked to convert from a salary to hourly pay. He made this request during our busy season. My question is: Do we have to pay him during a month when we have no business at all?
Businesses in California now have a new centralized directory with which to find information about relevant state and local incentives.
In 2014, Rancho Cordova voters approved Measure H, a half-cent sales tax to fund the Community Enhancement Fund program, which funnels grant money from its general fund to improvement projects submitted by residents, local businesses and other organizations that support the city’s key priority areas: public safety; education; economic development; public works; arts, culture, history, entertain
Sales tax just isn’t what it used to be in suburban shopping meccas, as nearly half of all American households now have an Amazon Prime membership. Now, Roseville is looking to residents to help prioritize city services and mitigate the lost revenue.
It’s been nearly three years since an oil pipeline ruptured in Santa Barbara County, coating seven miles of beaches with crude oil and killing dolphins, birds and sea lions.
Krista Bernasconi, owner and principal of KFB Public Affairs, and member of the Community Priorities Advisory Committee and Roseville Planning Commission of the City of Roseville offers her insight into the challenges facing the city with dwindling sales tax revenue
Gov. Jerry Brown wants to add millions in new spending on programs to help former inmates stay out of jail—a proposal generating bipartisan praise because of concern they are returning to prison in large numbers. But some say it still isn’t enough.