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February 2012
www.TulareChamber.org
Update the
Also worth noting, the baseline revenue forecast is based on higher corporate profits and higher incomes from upper-income taxpayers, who are projected to be receiving higher wages Nina Akinand who may be advancPresident/CEO ing some of their capital gains incomes due to expiring lower federal income tax rates at the end of 2012.
Targeted Taxes
The Governor includes two additional targeted taxes on business to address other elements of his policy agenda. The administration has proposed a surcharge on employers totaling more than $470 million to finance future interest payments for funds borrowed from the federal government to pay Californias unemployment insurance benefits and repay the funds borrowed from the employee-financed disability fund. This proposal has not yet been formally released, and probably would require a two-thirds vote of the Legislature to pass. The administration is also including in the budget up to $1 billion in revenues from its new, controversial tax on capand-trade auction transactions in the Air Resources Boards greenhouse gas reduction program. The revenues would be used to invest in clean energy, low carbon transportation, natural resources protection, and sustainable infrastructure. Although the administration claims this is a fee, the intended uses of the proceeds leads many to believe that this levy will be a bona fide tax. Although the budget is not dependent on targeted tax increases, the Governor maintains his prior positions on a mandatory single sales factor and enterprise zone reform, promising to sponsor legislation to make these changes in order to provide tax benefits to manufacturers and small businesses.
Cuts/Tax Hikes
The Governor forecasts a $9.2 billion deficit in June 2013 before his proposed cuts and tax increases. He resolves this deficit and projects a year-end $1.1 billion reserve by increasing revenues, loans and transfers by $8.5 billion, cutting noneducation programs by $3.8 billion, and increasing K-14 spending by $2 billion more than the schools and community colleges would have otherwise received. The K-14 increase is a function of higher General Fund revenues from the new taxes. Put another way, the budget proposes $6 billion in new General Fund spending next year (assuming taxes pass). Of this, $4 billion is for K-12 education, $2 billion repays an earlier loan to local government, and about $900 million is for corrections, offset by reductions in health, welfare and child care. The Governor said his proposal has reduced the structural budget deficit from $20 billion to $5 billion.
2012 Officers
Chair of the Board Kohler & Clark Screw Products, Inc
Tax Initiative
The budget includes some targeted tax increases on business, but these are not critical to the Governors budget-balancing strategy. The major revenue increase proposals are in the Governors tax initiative, including for 201112 and 201213, $5.8 billion in new income taxes for high-income taxpayers, and $1.2 billion from a half-cent increase in the state sales-and-use tax. The only business tax proposal, requiring a two-thirds vote, is the extension of the tax on managed care plans, originally passed several years ago. Business is not unaffected by the Governors tax increase proposal, however. Businesses pay one-third of sales taxes, and net business and proprietors incomes are a significant share of adjust-
Art Clark
Immediate Past Chair Tulare Adult School Vice Chair of Membership Bacome Insurance
Marie Pinto
Chair Elect Citizens Business Bank Vice Chair of Finance M. Green & Co.
Philip Smith
Linda Nogues
Crystal Cota
Deanne Martin-Soares
Vice Chair of Governmental Affairs
2012 Board
Tulare Historical Museum International Agri-Center
Terry Brazil
Linda Nogues
Bacome Insurance Will Tiesiera Ford-Mercury, Inc.
Dominic Fontana
Valley Business Bank Tulare County Fair
Viktoria Meyers
Professional Staff
Sherry Carson
Office Manager President / CEO
Nina Akin
Andi Cabrera
Linda Howarth
is the official monthly publication of the Tulare Chamber of Commerce 220 E. Tulare Ave. P.O. Box 1435 Tulare, CA 93275-1435 686-1547 email: info@tularechamber.org web: www.tularechamber.org For advertising information call: Colleen Ferreira (559) 735-3227 the update is published in partnership with the Tulare Advance-Register
the update
Consider Energy Efficiency Improvements When Purchasing an Existing Home By Gordon Smith
Home purchases are the biggest personal investment most of us will make in our lifetimes. In the Central Valley, next to mortgage payments, the biggest expense for many homeowners are their utility bills. These costs are continuing to escalate, with no end in sight. Other homeowner expenses that are often overlooked, are home repairs and major system replacements. Of these often overlooked expenses, the replacement of air conditioning systems are among the most costly, and least expected. Unfortunately, anyone who has experienced one of our summers knows that this is also a repair that cannot be put off. Wouldnt it be nice if the issues and concerns related to the costs of energy, repairs, and major system replacements could be reduced or eliminated? Well, there are several programs that can be coordinated during a home purchase, which could do just that. These programs provide cost effective funding or incentives for whole house energy upgrades. Incorporating a whole house energy upgrade during the purchase can actually help homebuyers reduce their monthly out-of-pocket costs by a figure that is greater than the monthly finance charges for the upgrades. Additionally, the homeowner benefits from increased comfort, durability, dependability, indoor air quality, wellbeing, and piece-of-mind. Furthermore, if Energy Upgrade California incentives are taken advantage of, up to $4,000 can come back to the purchaser sometime after the purchase and upgrades have been completed. The homebuyer is free to do what ever they want with this particular incentive, which they receive sometime after the purchase and upgrades have been completed. A side benefit of home buyers incorporating upgrades into their home purchases is stimulation of the local economy. This is accomplished through: creation of local jobs, increased revenues brought to the local economy, and increased discretionary income attributed to lower utility bills, which could be spent in the local community. Some of the available programs that can be coordinated within the home purchase are: Energy Efficiency Mortgages (EEMs), Streamlined 203K Loans, Full 203K Loans,, Fannie Mae HomePath, Fannie Mae HomeStyle, Weatherization, Mortgage Credit Certificate, and Energy Upgrade California incentives. In some cases, the use of a Facilitator can streamline the integration of some of these available programs. Homebuyers, Realtors, or Lenders interested in how these programs can be incorporated within a home purchase, can contact Gordon Smith at: gsmith@ecoact.org Gordon Smith is a regional program manager for Energy Upgrade California, the statewide program that is reducing energy use, saving homeowners money and creating local jobs. For more, visit www.EnergyUpgradeCA.org.
PAID
February Calendar
Our Ambassador Meeting for February will be cancelled.
February 6th
Farm Show Begins! 6:30PM A Night At Nashville. (559) 686-2074 Governmental Affairs 12PM at Apple Annies The Chamber office will be closed
February 23rd
6-8PM Photographer Brent Russell Paull will conduct a seminar on photography at the Tulare Historical Museum. Learn Digital Photography
Please send your event dates to lhowarth@tularechamber.org.
Congratulations and thank you to the following new members that invested in the Chamber during the month of December.
Ruth Medlin Civic Minded Individual
Thank you to the following businesses and individuals who renewed their membership during the month of December.
A&W Restaurants California Office Liquidators Lane Engineers Inc. Personnel Solutions Unlimited, LLC Rabobank Tulare Sousa & Sousa Dairy TOL, INC B.J.Perch Construction Manuel & Dollie Faria Martinho Construction, Inc. Minyards Auto Parts Phillips Law Firm Carmen Pinheiro T-N-T Quick Lube, Wash & Smog Thiesen Dueker Financial Consulting Group Tulare County Office of Education Tulare Industrial Site Development Foundation Village Profile Vincent Sola Partnership Visalia Rawhide Baseball Club Zoom Imaging Solutions, Inc. Agnaldos Welding, Inc. Cool Hand Lukes Steakhouse & Saloon Curti Family, Inc. DeRose, Anthony Lampe Dodge Chrysler Jeep of Tulare Mid Valley Cotton Growers, Inc. Serafines Italian Catering George Watte & Sons
Iron Grip
Fitness for Men & Women
Lose Weight Feel Better Get Fit
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ods for each investment under the plan that does not offer a fixed rate of return; Benchmark returns, allowing you to compare investment performance of each option under your plan against broad-based securities indexes; and Investment-related fees and expenses, expressing what you pay each quarter, as both a percentage of assets and dollar-and-cents amount for each $1,000 invested. Easy-to-read comparisons Making sense of investment documents can be confusing. Under the proposed regs, investment-related information should be displayed in comparative chart or similar format. This is designed to make it easier for you to comparison shop the investment options offered under your plan. Updates regarding your investment options may be posted to a plan Internet website address, and your plan administrator must provide a general glossary of terms to help you understand Email Blast your investment options. Please contact us if you have any questions. Paladin Investment Group 559-6254005 www.paladininvestmentgroup.com Call for details: 559-799-4744 or email: info@mc-solutions.com
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MEMBER NEWS
Thank you for your support, Nick Galvan Band Director Live Oak Middle School 980 N. Laspina St. All contributions should be sent to Live Oak Middle School. Checks payable to: Live Oak P.T.O. - memo: Band Trailer Donation [ Cabrillo Civic Clubs of California is now accepting Scholarship applications from high school seniors who are: Portuguese decent U.S. Citizen or permanent resident * 3.50 GPA or higher Applications can be picked up at all Tulare County High School Counseling office or online at www.cabrillocivicclubs.org deadline is March 15th 2012. For more Information contact: Dulcie Nunes at 559 688-8070. [ Grandmas House is having its 4th Annual Friends of Grandmas House Dinner. This is a time to celebrate and showcase the accomplishments of 2011. An exciting program has been planned for this event. This years theme is Empowering the Village to Bridge the Gap. The Keynote speaker: Dr. Michael Sompayrac, principal of Edna Batey Elementary School, in the Elk Grove Unified School District. [ This event is a Fundraiser to continue the academic support that we provide for students in the Tulare School District. It is also a time when we will have an opportunity to showcase the work that we do and reveal the next phase of Grandmas House which benefit 7-8 grade students. The tickets are only $25.00 You can purchase a table for 8 at $200. For tickets call (559)687-0925, (559) 300-4693 or go to our website and pay through PayPal: www.grandmas-house.org [ Grandmas House is having its 4th Annual Friends of Grandmas House Dinner. This is a time to celebrate and showcase the accomplishments of 2011. An exciting program has been planned for this event. This years theme is Empowering the Village to Bridge the Gap. The Keynote speaker: Dr. Michael Sompayrac, principal of Edna Batey Elementary School, in the Elk Grove Unified School District. This event is a Fundraiser to continue the academic support that we provide for students in the Tulare School District. It is also a time when we will have an opportunity to showcase the work that we do and reveal the next phase of Grandmas House which benefit 7-8 grade students. The tickets are only $25.00 You can purchase a table for 8 at $200. For tickets call (559)687-0925, (559) 300-4693 or go to our website and pay through PayPal: www.grandmas-house.org [ Classic Charter offers a greener ride, and more luxury with its newest 2012 MCI J4500. Chris Riddington sees it all the time: A passenger steps onto one of our coaches, takes a look around and says, This sure isnt the bus I rode to college! Its a frequent experience for Riddington, President of San Joaquin Valley based Classic Charter. People are turning over a whole new leaf when it comes to motor coach travel because now they can do it in style. What coach riders may not realize is that coach travel is one of the greenest transportation options in existence today. According to the American Bus Association, each 56-passenger coach is seven times more energy- and fuelefficient than a single passenger automobile. Each coach provides 206.6 passenger miles per gallon of fuel; a single occupant driving a car on average gets only 27.2 miles to the gallon. Thats why Riddington is particularly excited about Classic Charters newest MCI J4500, the first in its all-MCI coach fleet to feature 2010 EPA-compliant engine technology. Classics newest coach is even greener than previous models, offering near-zero emissions. Between 2012 and 2023, all coaches in California will need to meet 2010 emission standards and our newest J4500 is our first step in converting to an all-green fleet, said Riddington. What the passenger will see first, however, is pure luxury. Built by Motor Coach Industries, the J4500 coach experience starts with its patented spiral stairway and full-kneeling suspension that makes boarding easy for all ages. Once passengers are seated, they get to enjoy scenery-sized windows and tiered theatre seating that assures panoramic views for the entire ride. Classic Charters latest J4500 carries 58 passengers, features three-point seatbelts and offers 110-volt outlets at every seat. The result is easier work and play for business, school and group clients. As long as you give them good service and a well-built coach, it really opens peoples eyes to the pleasure of going by coach, says Riddington. Classic Charters first coach was an MC-5 and its stayed with many MCI models since. Its about the reliability and good service. I grew up with MCI and it has treated us and our customers well, said Riddington, whose father Les Riddington founded the company in February of 1985. Today Classic Charter employs 75 workers and is proud to be serving the Central Valley for over 26 years. Classic Charters website is www.classiccharter.com. [ Photographer Brent Russell Paull will conduct two seminars on photography at the Tulare Historical Museum. Learn Digital Photography will be from 6 to 8 p.m. on Thursday, February 23, and Nature & Wildlife Class will be from 6 to 8 p.m. on Thursday, March 8, in the museums Heritage Room. The Learn Digital Photography seminar will build an understanding of digital photography from basic concepts through advanced techniques. Mr. Paull will teach camera use and operations, lenses and equipment, tripods, understanding light and exposure, learning composition, etc. The Nature and Wildlife Photography class takes you step-by-step through learning how to take great out door and wildlife images. Learn about the right equipment, how your camera looks at light, composition rules to follow, field tactics and photo craft, and many other professional techniques in nature and wildlife photography. With the California Coast and parks like Yosemite so close learn how to take beautiful images of what you see, not just snapshots. The cost is $20 per class. Reservations and payment are requested in advance. Mail your payment to the Tulare Historical Museum, P.O. Box 248, Tulare CA 93274; or call (559) 6862074.
Member News
Slide on your cowboy boots and bring your appetite on Friday, February 24, when the Tulare Historical Museum goes country with A Night in Nashville. Our annual spring dinner party will have a western flare this year and include live entertainment for a foot-stompin good time. The festivities will start at 6:30 p.m. with a chuck wagon-style dinner with all the country fixins. Then, youll be entertained by Jerry Hall and Trick Shot, one of the most popular country-western bands in the San Joaquin Valley. Tickets to this event are $50 per person or $400 for a table of eight. Seating is limited to 112, and we expect a sellout!! Reserve your seats today by calling the museum, 559-6862074, or ordering them from our website tularehistoricalmuseum.org. Jerry Hall and Trick Shot were formed more than 30 years ago. They have opened for Pam Tillis and Larry Gatlin and the Gatlin Brothers. They have performed with The Sons of the Pioneers, The Sons of the San Joaquin, and rodeo stars Larry Mahan and Montie Montana, Jr. They have five albums and numerous videos on YouTube.
The museum is located at 444 W. Tulare Ave., Tulare. Hours of operation are 10:00 a.m. 4:00 p.m. Thursday Saturday. In addition to our regular hours, we will be open the third Sunday of the month for free, during the months of September May to correlate with our Sunday @ 2:00 program. Admission is $5.00 for adults, $3.00 for seniors 55+ and Southern California Automobile Club members, $2.00 for students, and free for Tulare City Historical Society members and children under 5 years old. If you have any questions, please call: (559) 686-2074 or to request a photo, email lthullen@ tularehistoricalmuseum.org. [ At Quality Paint and Body, we have specially trained I-CAR Certified technicians that perform all of the limited lifetime guarantee work on our vehicles. Should you find yourself completing some paint repair work yourself, please do not make these mistakes! Do not use regular sandpaper! This is much too rough and there is specially designed sandpaper made for vehicle repair. Be sure to use fresh paint! Using old paint can result in peeling and cracking as it will not adhere properly. Never use nail polish as a substitute for clear coat! While this may seem like a cheaper alternative, the nail polish is not designed to last or shield your vehicle like the automotive clear coat will be. Paper towels or bath towels should not be used on a car surface! The fibers of these materials are too coarse and may scratch the paint on the vehicle. Instead, choose a microfiber cloth specifically designed to be used on automobiles.
The museum is located at 444 W. Tulare Ave., Tulare. Hours of operation are 10:00 a.m. 4:00 p.m. Thursday Saturday. In addition to our regular hours, we will be open the third Sunday of the month for free from 12:30-4:00 p.m., during the months of September May to correlate with our Sunday @ 2:00 program Admission is $5.00 for adults, $3.00 for seniors 55+ and Southern California Automobile Club members, $2.00 for students, and free for Tulare City Historical Society members and children under 5 years old. [ Tickets are now available for Girls Night Out, schedule for Monday, February 6th at the Tulare Youth Center from 6pm-9pm. The event, which is designed for ladies of all ages and hosted by the Tulare Teens-On-Board program as a Meals on Wheels Fundraiser, includes a fashion show, dance performances, 50+ vendors, local celebrities, refreshments & door prizes, free goodie bags to the first 100 children and much more! Admission is $10 per adult; $5 for children 12 & under, ages 2 years and under is free. All proceeds to benefit the Tulare Meals on Wheels program. Purchase your tickets before they sell out by visiting the Tulare Senior Community Center, 201 North F St. Call Hollie at 685-2330 for details. Vendors space still available. [
With two locations (Visalia and Tulare) now available to serve you, Quality Paint and Body is a great choice for getting a superior repair in a timely manner. Feel free to give us a call anytime at 559-734-3501 (Visalia and surrounding areas) or 559-687-2800 (Tulare and surrounding areas) to see how we can help get your vehicle repaired with our 100% satisfaction guarantee and lifetime warranty on all work (as long as you own the vehicle)!
We need your support! Live Oak Marching Band and Colorguard is looking to purchase an equipment trailer and rolling racks for uniforms and equipment. As our band and colorguard grow, traveling becomes more difficult. We have more and more equipment needed to perform. The Live Oak Band Boosters are asking for your help to provide the necessary funds to purchase the trailer and materials. We are looking to raise $10,000 to purchase the necessary items from local Tulare businesses. Contributions of material and labor will also be very helpful. Once the trailer is obtained, we will need to transform the interior of the trailer into a secure and durable transport for our band and colorguard instruments, safety equipment, snacks, refreshments and first-aid supplies while we travel. Your support will insure that the students and staff will have all the necessary supplies on-hand, required to provide a safe and enjoyable trip to and from events. Our marching band and colorguard are asked to represent Live Oak Middle School and the City of Tulare at many events throughout the year. Please help us become on of Tulares finest by contributing to the Live Oak Middle School Band Trailer Fund.
DONT MISS OUT!!!
United Way will host a food booth at the Annual World Ag Expo. The money raised from this major fundraiser supports local nonprofit organizations throughout Tulare County that provide quality affordable childcare, support for families, and assistance to the elderly and people with disabilities. For lunch, we will be serving tri-tip sandwiches, our famous chili beans, fried bologna sandwiches, Frito boats with all the fixings, cookies, and sodas. Our breakfast menu features tri-tip burritos and big muffins. We are offering presale tickets printed with your company name, see the sample below. The cost is $7 which equals a $2 discount per ticket! If you would like to purchase tickets to give to your customers and employees, please complete the form below and return via email or fax by: January 30, 2012 Thank you, Darlene Mayfield United Way of Tulare County darlene@unitedwaytc.org or / fax 559-685-9541
Name (Please Print) Phone Company (as you would like it to appear) Email Address Address # of tickets City, State, Zip Payment enclosed Please, send me an invoice Signature Date S
United Way of Tulare County Presale tickets are a great way to plan out your expenses for the week of the Expo and a great way to treat your customers and/ or employees to lunch! The advanced tickets worked very well and made lunch very easy for all of our people and guests involved with the show. Thank you so much for having this program available. The food was excellent ... -- Show visitor
Annual World Ag Expo United Way of Tulare County S Meal Ticket A A tri-tipM breakfast burrito or tri-tip sandwich, M homemade chili beans & drink P P Complements of Your Name HereL L
We are located on the corner of South Greenbelt and J St E E
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NETWORKING OPPORTUNITIES
Annual Awards
Sue Ann Hillman
Once again at our Annual Awards I left out a very important Board of Director. This is twice this has happened and I would like to make a formal apology to her in our Newsletter. Sue Ann Hillman brings to our Board her knowledge and experience of running a large corporation and is a valuable asset to our Board. Accept my sincere apology.
Our 2012 Chamber Installation was a wonderful evening and we couldnt have done it with the following Title Sponsors
Acclaim Auto Body Bank of the Sierra Citizens Business Bank International Agri Center JD Heiskell Lagomarsino Group Land O Lakes RES.COM Pest Control Saputo Southern CA Gas Company Tulare Advance Register Tachi Hotel & Casino Tulare Outlet Center Tulare Regional Medical Center Valley Business Bank. As well as a gracious thank you to our Associate Sponsors Educational Employees Credit Union Farm Credit West Joe and Marie Pinto Law Office of Horswill, Mederos & Soares Magnolia Health Corp Skip Barwick Realty Supervisor Pete Vanderpoel III TF Tire. We would also like to thank all the wonderful businesses of our membership that decorated one if not two tables for this event; Acclaim Auto & Truck Accessories Bank of Sierra Bret Stuber CPA City of Tulare Educational Employees Credit Union (Tucoemas) Gowin Green Landscaping Grandmas House-A Vision of Hope International Agri Center J.D. Heiskell K-TIP Land O Lakes Magnolia Health Corp Marie Pinto Morris Levin & Son Paladin Investment Groupl Premier Real Estate Rabobank Relay For Life Roma Lodge State Farm Tachi Palace TF Tire Tucoemas Federal Credit Union Tulare County Farm Bureau Tulare County Federal Credit Union Tulare Outlet Center Tulare Regional Medical Center Valley Business Bank Wells Fargo Bank Will Tiesiera Ford
Budget Proposal
(continued from page 1)
If the tax increases do not pass in November, the Governor has proposed a contingency plan to reduce spending by $5.4 billion beginning in 2013. Major reductions will be to K-14 education ($4.8 billion), higher education ($400 million), courts ($150 million), and various public safety programs, mostly in the Resources Agency ($28 million).
Tax Initiative
The budget includes some targeted tax increases on business, but these are not critical to the Governors budget-balancing strategy. The major revenue increase proposals are in the Governors tax initiative, including for 201112 and 201213, $5.8 billion in new income taxes for high-income taxpayers, and $1.2 billion from a half-cent increase in the state sales-and-use tax. The only business tax proposal, requiring a two-thirds vote, is the extension of the tax on managed care plans, originally passed several years ago. Business is not unaffected by the Governors tax increase proposal, however. Businesses pay one-third of sales taxes, and net business and proprietors incomes are a significant share of adjusted gross incomes for the personal income tax side.
Government Reorganization
The Governor proposes comprehensive reorganization of the executive branch, including: reducing the overall number of agencies and departments; further reorganizing economic development programs, in effect reassembling many of the components of the old Trade and Commerce Agency; creating a new Business and Consumer Services Agency that includes the various business regulatory agencies from the existing Business, Transportation and Housing Agency and the State and Consumer Services Agency; creating a new stand-alone Transportation Agency and including within it the departments of Transportation, Motor Vehicles, HighSpeed Rail Authority, the Highway Patrol, the California Transportation Commission and the Board of Pilot Commissioners; creating a Department of Revenue that consolidates the tax collection functions of the Franchise Tax Board and Employment Development Department, but not including the Board of Equalization; eliminating the departments of Mental Health and Alcohol and Drug Programs and folding their functions into the Department of Health Care Services; and eliminating the Unemployment Insurance Appeals Board. Governor Edmund G. Brown Jr. has proposed a $137.3 billion budget for 201213 that aims to close a projected $9.2 billion General Fund deficit by relying largely on tax increases from a November ballot initiative. Legislative Analyst Mac Taylor, in his review of the Governors budget proposal, credits the plan with continuing the states efforts to restore budgetary balance. Taylors report comments that the revenue estimates are a bigger question mark than usual due to uncertainty surrounding the economic recovery, and that his offices estimates of how much the tax increases will bring in are lower than the administrations.
Targeted Taxes
The Governor includes two additional targeted taxes on business to address other elements of his policy agenda. The administration has proposed a surcharge on employers totaling more than $470 million to finance future interest payments for funds borrowed from the federal government to pay Californias unemployment insurance benefits and repay the funds borrowed from the employee-financed disability fund. This proposal has not yet been formally released, and probably would require a two-thirds vote of the Legislature to pass. The administration is also including in the budget up to $1 billion in revenues from its new, controversial tax on capand-trade auction transactions in the Air Resources Boards greenhouse gas reduction program. The revenues would be used to invest in clean energy, low carbon transportation, natural resources protection, and sustainable infrastructure. Although the administration claims this is a fee, the intended uses of the proceeds leads many to believe that this levy will be a bona fide tax. Although the budget is not dependent on targeted tax increases, the Governor maintains his prior positions on a mandatory single sales factor and enterprise zone reform, promising to sponsor legislation to make these changes in order to provide tax benefits to manufacturers and small businesses. Also worth noting, the baseline revenue forecast is based on higher corporate profits and higher incomes from upperincome taxpayers, who are projected to be receiving higher wages and who may be advancing some of their capital gains incomes due to expiring lower federal income tax rates at the end of 2012.
deficit in June 2013 before his proposed cuts and tax increases. He resolves this deficit and projects a year-end $1.1 billion reserve by increasing revenues, loans and transfers by $8.5 billion, cutting noneducation programs by $3.8 billion, and increasing K-14 spending by $2 billion more than the schools and community colleges would have otherwise received. The K-14 increase is a function of higher General Fund revenues from the new taxes. Put another way, the budget proposes $6 billion in new General Fund spending next year (assuming taxes pass). Of this, $4 billion is for K-12 education, $2 billion repays an earlier loan to local government, and about $900 million is for corrections, offset by reductions in health, welfare and child care. The Governor said his proposal has reduced the structural budget deficit from $20 billion to $5 billion. If the tax increases do not pass in November, the Governor has proposed a contingency plan to reduce spending by $5.4 billion beginning in 2013. Major reductions will be to K-14 education ($4.8 billion), higher education ($400 million), courts ($150 million), and various public safety programs, mostly in the Resources Agency ($28 million).
old Trade and Commerce Agency; creating a new Business and Consumer Services Agency that includes the various business regulatory agencies from the existing Business, Transportation and Housing Agency and the State and Consumer Services Agency; creating a new stand-alone Transportation Agency and including within it the departments of Transportation, Motor Vehicles, HighSpeed Rail Authority, the Highway Patrol, the California Transportation Commission and the Board of Pilot Commissioners; creating a Department of Revenue that consolidates the tax collection functions of the Franchise Tax Board and Employment Development Department, but not including the Board of Equalization; eliminating the departments of Mental Health and Alcohol and Drug Programs and folding their functions into the Department of Health Care Services; and eliminating the Unemployment Insurance Appeals Board.
Government Reorganization
The Governor proposes comprehensive reorganization of the executive branch, including: reducing the overall number of agencies and departments; further reorganizing economic development programs, in effect reassembling many of the components of the
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Cuts/Tax Hikes
The Governor forecasts a $9.2 billion
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Articles to be considered for insertion need to be submitted to the Chamber office by the 10th of the month. Flyer inserts will be taken on a first come, first serve basis only. For more information, contact the Chamber at 686-1547 or email lhowarth@tularechamber.org The Chamber reserves the right to edit any information.
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