Asset-based lending can be more expensive than a bank loan or line of credit, but for some it may be the best choice, providing flexibility and cash flow when others won’t.
On Twitchell Island, near the Delta town of Isleton, tules covering 15 acres grow twice as tall as the average man. A gravel road separates the wetlands from a cornfield, sunken 25 feet at its lowest point. Every year, the wetlands’ soil rises a few inches, while the cornfield sinks. The discovery that tules increase land elevation in the Sacramento-San Joaquin Delta is fueling a joint experiment conducted by the state Department of Water Resources and the U.S. Geological Survey, along with UC Davis researchers, other universities and private consultants.
Just because you can design, doesn’t make you an architect. That was certainly the message sent when the California Architects Board issued two fines of $2,500 each in September 2008 to Diana Suhanova, owner of All in One in Sacramento.
Amid the country’s worst economy in decades, Michael Genovese was offered more work, and he refused.
Northern California manufacturers and distributors of everything from barrels to bottles to pesticides for the region’s wine industry are using the same juxtaposition to sum up the wine market: “up and down.”
The question of value is crucial in business, whether it’s how much you should pay to acquire a competitor, the fair price for that new piece of equipment or how big a share of your company you can pass along to your heirs.
It might be hard to imagine, but Sacramento will start building thousands of houses and condominiums again — some day.
California’s cities and counties are facing the formidable challenge of determining how they’ll tackle regulations outlined in the state’s greenhouse gas legislation.
If Sir Isaac Newton were around today to assess California’s interest in seawater desalination, he would likely reference his own third law of motion, which in simple terms states that for every action there is an equal and opposite reaction. In short, as our water supply dwindles, the desire to glean freshwater from salty oceans and brackish groundwater is growing.
No part of the region has been immune to the retail woes that come with a lagging economy, but the Highway 50 corridor — Rancho Cordova, Folsom and El Dorado Hills — entered the slowdown crippled by its own geography.
The Obama administration and Education Secretary Arne Duncan are dangling a huge carrot in front of California: a share of a $4.3 billion fund to reform K-12 education. This so-called Race to the Top initiative is the single largest pot of discretionary dollars ever offered to states for such reforms.
City planners and private developers in Sacramento envision a downtown shopping and entertainment hub pulsing with revenue and pedestrians. The mind’s eye replaces vagrants with decorative park benches and rundown storefronts with shiny new facades. And rather than dispersing at sundown, restaurant patrons and theatergoers would linger into the wee hours.
Phil Isenberg, a longtime environmental advocate and former Sacramento mayor and state assemblyman, will lead the Delta Vision Blue Ribbon Task Force. We sat down with him recently to talk about the state’s efforts to bring its water system into the 21st century.
For centuries, the biggest environmental concern for most California water users was how to squeeze every last drop from nature. While a wet year might shift concerns to flood control, grab-as-grab-can gusto came back almost as soon as the waters receded. But that was then. Today, environmental concerns are center stage in the state’s ongoing effort to reform its water system.
Yuba County officials knew they couldn’t rely on federal money to improve their levees. Historically, the federal government has provided the bulk of money for flood protection, but it can take 10 to 20 years to receive it. So Yuba County, a mostly agricultural county of nearly 73,000 people 30 miles north of Sacramento, developed a plan to fund levee improvements itself.
Even in the best economy, employers fight a financial tug of war with the people who work for them. One side wants more pay and benefits while the other side wants to trim costs. When the economy takes a nose dive, though, the tug of war can get a lot rougher. State and local government jobs are getting much of the attention in Sacramento this year as furloughs and layoffs have increased tension with workers. But Sacramento’s private sector has seen temperatures rise, too.
On paper it looks like the Capital Region has the makings of a world-class clean-tech hub: access to policy makers at the Capitol, access to innovative research churning out of UC Davis, and housing that’s affordable for green-collar workers. What this equation doesn’t account for, however, is how fast California is losing its competitive edge to other states and the global economy.
More than four decades after it was proposed, the Auburn dam still draws conflicting opinions about why it was doomed.
Cervical cancer in the U.S. has been declining for the past 50 years, and with recent advancements in prevention and screening, doctors imagine the cancer could be eradicated from America’s population within your lifetime. It’s a lofty ambition with a major caveat: It is almost entirely dependent upon the participation of the nation’s underserved women.
In October 2007, 60-year-old Francisco “Willie” Lopez was doing what he had done almost every morning for 30 years. He pedaled along County Road 99 from Woodland to his job in the finance department at UC Davis. A car hit and killed him on that country road before he made it to his desk.