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Santa Paula City Council: Finance and Sewage

Santa Paula City Council: Finance and Sewage

By Sheryl Hamlin Two important items on the March 20, 2019 Santa Paula City Council Meeting were 1) the mid-year financial report and 2) the new contract for the sewage collection. The sewage will be covered in a second report. Mid-Year Financial Report The Assistant Finance Director Anthony Rainey presented the mid-year financial report saying […]

NASA Administrator Statement on NASA’s Moon to Mars Plans, FY 2020 Budget

NASA Administrator Statement on NASA’s Moon to Mars Plans, FY 2020 Budget

The following is a statement from NASA Administrator Jim Bridenstine:  “President Trump’s fiscal year 2020 NASA budget is one of the strongest on record for our storied agency. At $21 billion, this budget represents a nearly 6 percent increase over last year’s request and comes at a time of constrained resources across the federal government. It also is […]

Fact Check: Did the National Debt Double Under Obama?

Fact Check: Did the National Debt Double Under Obama?

Brad Sylvester | Fact Check Reporter   President Donald Trump claimed Feb. 15 that former President Barack Obama “put on more debt on this country than every president in the history of our country combined.” Verdict: True Public debt more than doubled in the eight years of Obama’s presidency, rising from $6.3 trillion to $14.4 trillion. Gross federal […]

County budget presentation wins national award

County budget presentation wins national award

VENTURA, Calif. – The Government Finance Officers Association has awarded the County of Ventura with its Distinguished Budget Presentation Award. This is the first time the County has received the award. According to the GFOA, the award reflects the commitment of the County financial staff to meeting the highest principles of governmental budgeting. To receive […]

FACT CHECK: Would Trump’s Border Wall Cost ‘1/10th of 1 Percent of the Federal Budget’?

FACT CHECK: Would Trump’s Border Wall Cost  ‘1/10th of 1 Percent of the Federal Budget’?

Brad Sylvester | Fact Check Reporter House Minority Leader Kevin McCarthy claimed on “Face the Nation” Sunday that the money requested by President Donald Trump to fund a border wall is equal to “1/10th of 1 percent of the federal budget.” Verdict: True The $5.7 billion requested for Trump’s border wall amounts to 0.13 percent of the […]

As Governor Releases First Budget Proposal, CA Controller Reports State Closed 2018 Short of Expectations

As Governor Releases First Budget Proposal, CA Controller Reports State Closed 2018 Short of Expectations

SACRAMENTO — On the day Governor Gavin Newsom proposed his first budget, State Controller Betty T. Yee reported California’s revenues in December fell short of assumptions in the 2018-19 fiscal year budget by $4.82 billion. For the fiscal year, revenues of $55.63 billion are 4.4 percent ($2.54 billion) less than projected in the budget, which […]

County general fund ends fiscal year in a strong position

County general fund ends fiscal year in a strong position

VENTURA, Calif. – Through a combination of strong management efforts and thoughtful, conservative fiscal projections, the County ended last fiscal year with savings of $43 million. The savings were bolstered by an unexpected one-time receipt from the state of $10 million owed to the County for past unreimbursed mental health services performed since 2004.The $43 […]

Is Jerry Brown ‘diverting’ 30 percent of California’s new gas tax money?

Is Jerry Brown ‘diverting’ 30 percent of California’s new gas tax money?

By Chris Nichols on Friday, May 19th, 2017 at 2:50 p.m. (note date) California Gov. Jerry Brown speaks after the state Legislature passed a gas tax increase in April 2017. Ben Adler / Capital Public Radio Drivers in California will start paying a higher gas tax this fall, as part of a bill signed by Gov. Jerry Brown to […]

A California Budget That Reflects Plenty Of Dollars — But Less Sense

A California Budget That Reflects Plenty Of Dollars — But Less Sense

  . By Stephen Frank,  California Political News and Views We have a $9 billion surplus, but taxes on cell phones are going up to finance a repair of the 9-1-1 system.  We have the money but the Democrats want to nickel and dime us to Texas—or poverty, whichever comes first. “At present, Democrats occupy 55 […]

Santa Paula: Creative Budget FY 2018-2019

Santa Paula: Creative Budget FY 2018-2019

By Sheryl Hamlin While the Santa Paula council was celebrating a slightly higher reserve ($60,000 increase in Fund 101), there was no discussion about the creative budgeting and speculative nature of the proposed budget. Here are three creative techniques deployed in the budget: 15% of the General Fund budgeted revenue is derived by transferring costs […]

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