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Tax cut??? Ha!

Tax cut??? Ha!

By George Miller (originally published 9-29-17- needed re-airing and still seems applicable with only minor changes)   My friends are shocked to hear that I do NOT favor a tax cut right now. You may ask why, or maybe you don’t give a #*@)!. But I’ll tell you anyway: A tax cut without spending cuts […]

CA Controller Reports State Revenue Outpacing Expectations  

CA Controller Reports  State Revenue Outpacing Expectations  

SACRAMENTO—State Controller Betty T. Yee reported today the state brought in $10.92 billion in September, exceeding revenue projections in the state budget by $50.9 million, or 0.5 percent. Total revenues of $25.92 billion for the fiscal year to date are $583.4 million, or 2.3 percent higher than projections in the state budget enacted in June […]

Citizens’ Oversight Committee: Spending to Exceed Revenue in Ventura

Citizens’ Oversight Committee: Spending to Exceed Revenue in Ventura

“Reason is, And Ought Only To Be The Slave Of Our Passions” —David Hume The city’s Measure O Oversight Committee has shown signs of being inadequately trained and poorly prepared for the job they were appointed to do. This is not the fault of the committee members themselves but a reflection of the City Council […]

CA Controller Reports State’s Three Major Taxes Beating Expectations

CA Controller Reports State’s Three Major Taxes Beating Expectations

State Controller Betty T. Yee reported today the state brought in $8.90 billion in August, exceeding projections in the state budget by $343.7 million, or 4.0 percent. After July revenues exceeded expectations, the positive August numbers put total fiscal year-to-date revenues at $14.99 billion, $532.5 million higher than projections in the state budget enacted in […]

VC fires back at Oxnard’s Fisherman’ Wharf project opposition

VC fires back at Oxnard’s Fisherman’ Wharf project opposition

By George Miller Ventura County CEO Michael Powers fired back at the City of Oxnard’s opposition to the county’s proposed 400 unit apartment complex to replace the existing Fisherman’s Wharf recreational and retail complex. The City and CA Coastal Commission maintain that the project is in violation of Coastal Commission, Local Coastal Plan and other […]

CA Controller Reports Encouraging July Revenues

CA Controller Reports Encouraging July Revenues

SACRAMENTO—California started the 2017-18 fiscal year with encouraging revenues, State Controller Betty T. Yee reported today, with total revenues of $6.09 billion in July exceeding projections in the state budget approved in June by $188.8 million, or 3.2 percent. Total revenues in July 2017 were $667.9 million higher than in July 2016. In July, each […]

CA Controller Reports Revenues $2.68 Billion Short of 2016-17 Budget Act

CA Controller Reports Revenues $2.68 Billion Short of 2016-17 Budget Act

California total revenues of $16.63 billion for June fell short of projections in the governor’s revised budget released two months ago by 2.5 percent, State Controller Betty T. Yee reported today. The 2017-18 fiscal year began July 1.  For the fiscal year that ended June 30, total revenues of $121.91 billion missed May Revision estimates […]

CA Controller Yee Reports Homeowners Received $2.2 Million in Property Tax Relief with Revived Program

CA Controller Yee Reports Homeowners Received $2.2 Million in Property Tax Relief with Revived Program

State Controller Betty T. Yee today reported 804 California homeowners received more than $2.2 million in property tax relief in the first year of the renewed Property Tax Postponement (PTP) Program, which she administers. From 1978 until the suspension of PTP in 2009, eligible applicants were able to defer payment of their residential property taxes.  […]

CA Controller’s April Cash Report Shows Sluggish State Revenues

CA Controller’s April Cash Report Shows Sluggish State Revenues

In one of the most crucial months for collections, California revenues of $15.98 billion for April fell short of projections in the governor’s proposed 2017‑18 budget by $1.05 billion, or 6.2 percent, State Controller Betty T. Yee reported today.   For the first ten months of the 2016-17 fiscal year that began in July, total revenues […]

CA Controller Reports State Revenues Top March Projections 

CA Controller Reports State Revenues Top March Projections 

California revenues of $7.63 billion for March beat projections in the governor’s proposed 2017‑18 budget by $1.73 billion, or 29.2 percent, State Controller Betty T. Yee reported today.  March revenues were just $56.5 million above estimates in the 2016-17 Budget Act signed last summer.   For the first nine months of the 2016-17 fiscal year that […]

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