Archive for the ‘Finance’ Category

Financial Planning for Senior Living and Long-Term Care at TreVista Antioch Tuesday, Sept. 24

Friday, September 13th, 2019

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Free credit repair workshop in Brentwood Thursday, Aug. 22

Wednesday, August 7th, 2019

Limited space available. Visit https://thecreditsolutionsgroup.eventbrite.com/ to register.

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Supervisors seek members for Independent Oversight Committee for the Regional Measure 3 bridge toll increase

Wednesday, July 24th, 2019

In 2018, voters passed Regional Measure 3 (RM3) which increased bridge tolls in the Bay Area and also established an Independent Oversight Committee. Each of 9 Bay Area counties appoint two members to the Committee. The Contra Costa County Board of Supervisors is seeking two members of the public to serve.

The RM3 Independent Oversight Committee (oversight committee) will be established by the Bay Area Toll Authority (BATA) pursuant to Senate Bill 595 (which placed RM 3 on the ballot). The purpose of the Oversight Committee is to ensure that any toll revenues generated pursuant to the RM3 toll increase are expended consistent with the applicable requirements of the RM3 expenditure plan set forth in Streets and Highways Code Section 30914.7. The Oversight Committee shall annually review the expenditure of funds by BATA for the projects and programs specified in Section 30914.7 and prepare and submit a report to the transportation committee of each house of the Legislature summarizing its findings.

An individual interested in serving on the Committee must be a resident of Contra Costa County and meet the Streets and Highways Code Section 30923 (h) (3) restrictions below:

  • A representative appointed to the oversight committee shall not be a member, former member, staff, or former staff of the Metropolitan Transportation Commission (MTC) or BATA.
  • A representative appointed to the oversight committee shall not be employed by any organization or person that has received or is receiving funding from MTC or BATA.
  • A representative appointed to the oversight committee shall not be a former employee or a person who has contracted with any organization or person that has received or is receiving funding from MTC or BATA within one year of having worked for or contracted with that organization or person.

The RM3 Oversight Committee is subject to open public meetings (The Brown Act). Meeting dates, frequency, and length of meetings will be established by the members of the committee. The location of meetings will be in San Francisco at the Bay Area Metro Center. BATA anticipates a stipend to members for meeting attendance. The term length for representatives is four years, and each representative is limited to two terms.

Applications are available online at https://www.contracosta.ca.gov/3418 or by contacting the Clerk of the Board’s Office at (925) 335-1900 or clerkoftheboard@cob.cccounty.us. Completed applications are due by 5 PM on August 9, 2019, and may be completed and submitted online, emailed to the Clerk of the Board of Supervisors, mailed or submitted to 651 Pine Street, Room 106, Martinez, CA 94553.

 

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Supervisors ramp up sales tax discussion before approving $3.69 billion 2019-20 budget

Monday, May 13th, 2019

The Contra Costa County Board of Supervisors presented resolutions of recognition to Scott Walchek, founder NS president of Trov, a Danville-based on-demand insurance company, and to Sylvia Lewis vice president of Sigray Inc., a Pacheco-based X-ray technology company, for both companies being 2019 Innovation Award finalists and winners. Photo by Daniel Borsuk.

By Daniel Borsuk

The Contra Costa County Board of Supervisors unanimously approved a status-quo $3.69 billion budget for the 2019-2020 fiscal year at Tuesday’s meeting, but supervisors made more noise about the possibility they could be pushed to propose a countywide sales tax measure to cover rising labor and health care costs averaging about 3 percent for 2019-2020.

“We need some type of local tax revenue, but there is nothing under consideration right now,” Board Chair John Gioia of Richmond told the Contra Costa Herald after supervisors approved next fiscal year’s spending plan that attracted several critics of Sheriff-Coroner David Livingston’s $10 million budget increase request over recent charges one deputy had sexually and physically abused female inmates at the West County Detention Facility. That deputy has been dismissed by the sheriff.

When County Administrator David Twa initially presented the 2019-2020 tentative budget at an April 23 meeting, supervisors had sparingly talked around the tax issue idea, but at the May 7 meeting all five supervisors were more outspoken about the potential tax idea.

Citing how Alameda County produces $150 million in annual revenue from its sales tax, Gioia said, “We struggle with less.” In addition to Alameda County, San Mateo and San Francisco counties financially benefit from revenue coming from a sales tax.

“John is absolutely right, “said District 5 Supervisor Federal Glover. “We need another revenue source. We need to continue to grow our resources.”

District 3 Supervisor Diane Burgis hinted she could possibly support a sales tax measure given the current state of the county’s inability to deliver public services while adequately fulfilling the financial and health benefit needs of employees. “We are leveraging our dollars and our employees. We can do better,” Burgis said.

Vice Chair Candace Andersen doubted a countywide sales tax measure would win voter support. “I don’t know how a sales tax measure would get passed by the voters,” the supervisor from Danville said.

Supervisors OK DA Investigators Association Labor Pact

Supervisors unanimously approved a new four-year labor contract with the District Attorney Investigators’ Association. Investigators will earn from $8,293.27 per month to $11,480.60 per month based on seniority. The contract runs from July 1, 2019 through June 30, 2023.

8-Unit Pacheco Townhouse Approved

Without opposition from the public, supervisors unanimously approved developer Andy Akay’s plans to construct an eight-unit townhouse subdivision development at 214 Center Ave. in Pacheco. The three-story development will be constructed on a vacant .49-acre parcel of property. Each unit will have a two-car garage. The two bedroom and three-bedroom units will have living areas of 2,199 square feet to 2,203 square feet each.

Chaplaincy Services Contract Approved

Supervisors also approved as a consent item a Sheriff-Coroner contract with the Bay Area Chaplains, Inc. for an amount not to exceed $162,000. The Bay Area Chaplains will provide chaplaincy services in adult detention facilities from July 1, 2019 through June 30, 2020. Services will include providing materials, counseling, bible studies, worship services and responding to crisis and emergencies involving inmates or staff.

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Antioch woman finds “hidden” money in state’s coffers, maybe some is yours

Thursday, April 25th, 2019

Julie Carlson from her Facebook page.

By Allen Payton

Antioch resident Julie Carlson has been on a mission since she discovered there are billions of dollars owed to California residents that the state has been holding on to in various funds. She began doing research and found agency after agency with money in fund balances owed to thousands of individuals.

Michael Finney of ABC7 TV’s did a news report about Carlson’s efforts and it aired Tuesday night, April 23rd.

Part of the problem is the names of individuals and even cities are misspelled in the state’s records and it doesn’t appear anyone is responsible for correcting the mistakes or finding to whom the money is owed.

“The sad thing…is that California’s State Controller told Michael Finney that there was a law that prohibited them from correcting misspelled city names or any other errors found in property records and this is a down right lie. There is no such law that prohibit the State from making corrections to records that were received from another party. Of course, you save an original copy of the record, but once you have done that, you should be free to make any changes that are required in order to make that record reflect truthful or accurate information,” Carlson wrote in a Facebook post about the ABC7 segment.

“This department has been using that same sorry and lazy excuse for years just so they can continue to prevent people from finding money that belongs to them,” she continued. “People need to stand up to our state government and force them to present accurate information to us. It should not matter if a third party misspelled a city name, California should correct the spelling and be done with it!!! The state is preventing 1.6 million property records valued at over $365 million dollars from showing up in search results simply because the person’s property record contains a misspelled city name.”

“There are plenty of other more complex errors found throughout millions of their property records, at least, fixing a misspelled city name would be fairly easy to fix,” Carlson added.

If you or someone you know needs help finding property, send an email to HiddenMoney@att.net.

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Supervisors review proposed $3.7 billion budget, discuss potential new tax

Thursday, April 18th, 2019

By Daniel Borsuk

The Contra Costa County Supervisors were presented Tuesday a proposed $3.69 billion budget for fiscal year 2019-2020 that sparked dialogue among supervisors of potentially developing a new tax source in order to support the county’s growing service needs, especially in the areas of health, medical, employment and human services.

The proposed 2019-2020 budget consists of $1.7 billion in county imposed general fund revenue that is approximately the same level of local tax revenue budgeted for the current 2018-2019 fiscal year. State and federal funds make up the other $2 billion in budget revenue.

Supervisors voted 4-0 to instruct county administrator David Twa to present the budget for adoption at its May 7 meeting. Vice chair Candace Andersen of Danville was absent at the time of the vote.

“After several years of relative stability, we now enter a period of needing to adjust our county budget to meet challenges due to uncertainties to countywide revenue streams (especially in the Health Services and the Employment & Human Services departments), compounded by sharply rising wage and benefit costs,” County Administrator Twa wrote in his 2019-2020 budget presentation. CCCo Budget Presentation 19-20 Draft

In the 2019-2020 fiscal year county officials plan to wrap up labor negotiations with the Physicians and Dentists Organization that represents workers in the Health and Human Services and at Contra Costa Regional Medical Center and Clinics, the District Attorney Investigators Association, the Deputy Services Association and the In-Home Supportive Services Association.

Even in a good economy, Contra Costa County employees find themselves underpaid on average 5 percent to 8 percent of what their counterparts earn at similar jobs in the Bay Area. Supervisors listened to a number of speakers representing the county’s health care system, Contra Costa CARES, that the county needs to boost salaries of its healthcare workers 8 percent if it expects to retain employees.

For next fiscal year, county medical director Anna Roth proposed that the supervisors approve a 3 percent cost of living adjustment, designate $135 million in county general funds, count on $1.6 billion in revenues, but expect expenses of $1.8 billion. The department plans to expand the West County Behavioral Health Center next year, she said.

“We’ve got some work to do,” said District 4 Supervisor Karen Mitchoff of Pleasant Hill upon noticing a projected a combined general fund deficit from health services and human services of at least $30 million.

Noting how other Bay Area counties like San Francisco, Alameda, and San Mateo can adequately pay county workers because of additional tax revenues streaming in from property and sales tax sources, board chair John Gioia of Richmond said, “Other counties have robust tax revenue resources. We don’t have that.”

“You say we need more money,” said District 5 Supervisor Federal Glover of Pittsburg. “We have to be creative.”

Employment and Human Services Director Kathy Gallagher said to balance her department’s budget for 2019-2020 she will have to eliminate 67 positions. For next fiscal year, EHS will have 1,904 fulltime positions in order to operate its diverse operations such as Adult Protection Services that has undergone some criticism for alleged financial abuse of its clients.

Sheriff-Coroner David Livingston has proposed a $7 million increase for salaries and benefits for his 685 sworn officers and 350 non-sworn personnel. For next fiscal year, the sheriff plans to hire three additional sworn officers. Planning for a proposed 128 bed mental health facility for the West County Detention Center in Richmond is back on track after being sidelined for rising construction costs, mostly related to steel tariffs.

With $44 million proposed for the District Attorney’s Office, District Attorney Diana Becton plans to increase staffing in the human trafficking unit by $1 million. The DA Office has 222.5 positions on the payroll of which 102 are attorneys, 33 are investigators, 17 are victim/witness experts, and 70.5 are administrative support.

A $3.7 million project at Buchanan Air Field is one of the big tasks on drawing boards for the Public Works Department next fiscal year, department director Brian Balbas said, but the biggest challenge is retaining staff. With a $254 million budget and 545 employees, Balbas said his department is hampered by a high turnover rate of more than 20 percent when workers find better paying jobs at other counties or in the private sector. “The focus for 2019/2020 will be in recruitment and retention,” he told supervisors.

Public Defender Robin Lipesky said in addition to handling 6,900 misdemeanor cases, 3,747 felony cases, and 450 bail hearings, her department handled 600 Stand Together Contra Costa legal consultations, a new duty of her department. Citing a decline in the county’s juvenile population and a decline in the juvenile hall population, the department plans to cut 22 juvenile justice positions, she said.

Supervisors Salary Ordinance Approved

On a 3-2 vote, with supervisors Candace Andersen of Danville and Diane Burgis of Brentwood casting the dissenting votes, supervisors approved an ordinance that will raise their salaries at an established percentage, 65 percent of the annual salary of the Office of Superior Court Judge, effective January 1, 2021.

Effective June 30, each supervisor will earn a monthly base salary of $9,736.75, equivalent to an annual salary of $116,841.

From July 1, 2019 through Dec. 31, 2019 supervisors will each earn an annual salary equal to 60 percent of the annual salary for the Office of Superior Court Judge as prescribed by the state legislature. Supervisors will receive another salary boost effective January 1, 2020 through December 31, 2020 at a base of 63 percent of a Contra Costa County Superior Court Judge. A third and final salary hike equal to 65 percent of the annual salary for the Office of Superior Court Judge in Contra Costa County would go into effect after January 1, 2021.

In addition to the pay increases, each supervisor will receive reimbursement for “reasonable expenses incurred in the conduct of such office” and “eligibility for an eighty-five-dollar monthly contribution to the county’s deferred compensation plan in the same manner as other exempt management employees.”

Each supervisor will also receive an automobile allowance of $600 per month and, in addition to the automobile allowance, mileage at the rate per mile allowed by the Internal Revenue Service as a deductible expense, for all miles driven by the supervisor on county business outside that supervisor’s district.

Supervisors OK Revised WCCTAC Transit Mitigation Fee

In other business, supervisors unanimously approved revised property transportation mitigation fees developers in unincorporated parts of the West Contra Costa Transportation Advisory Committee area of El Cerrito, Hercules, Pinole, Richmond, and San Pablo that have been in place since 1997.

No one spoke either in favor of or in protest against the fees that are assessed to go towards construction of transportation projects.

Since the inception of the WCCTAC transit mitigation fees in 1997, $11.6 million has been raised to help alleviate transportation impacts from residential, commercial or industrial development, said John Cunningham of the Contra Costa County Conservation and Development Department.

Revenues from the transit mitigation fee cover 19 percent of the construction costs of transit projects in the WCCTAC area. Some of those projects include $9,672 towards a $50,903 San Pablo Avenue complete streets project, $156 for the I-580/Harbour Way Interchange pedestrian and bicycle access improvements, $10,175 for the Hercules Regional Intermodal Transportation Center, and $20,749 for capital improvements to the I-80 Express Bus Service.

Accessory dwelling units are exempt from the revised transit mitigation fees that will go into effect July 1, 2020 and will increase or decrease every July 1 thereafter based by the annual percentage change in the Engineering News Record Construction Cost Index for the San Francisco Bay Area for the 12 month period ending with the February index of the same year in which the increase or decrease will take effect

The new WCCTAC transit mitigation fees are multi-family residential, $5,439 per dwelling unit; senior housing, $1,469 per dwelling unit; hotel, $3,481 per hotel unit; retail/service, $6.59 per square foot; office, $8.12 per square foot; industrial, $5.56 per square foot; storage facility, 0.76 per square foot; and other, $7 per square foot.

Red Cross Community Services Award Recipients

As a consent items, supervisors adopted resolutions honoring Bryan Canty of Antioch as recipient of the 2019 Red Cross Good Samaritan Award, Samantha Barhouse, also of Antioch, as recipient of the 2019 Red Cross Disaster Service Award, and the San Damiano Retreat Center of Danville, as the recipient of the 2019 Red Cross Community Service Award.

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Teen Education Day at Wells Fargo Bank in Antioch Saturday, Jan. 19

Thursday, January 17th, 2019

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DeSaulnier recognizes credit unions for offering interest-free loans to furloughed federal workers

Thursday, January 10th, 2019

Hopes other financial institutions will follow suit during government shutdown

Rep. Mark DeSaulnier

Washington, DC – Today, Thursday, January 10, 2019, on the eve of over 800,000 federal workers missing their regularly scheduled paychecks due to the government shutdown, Congressman Mark DeSaulnier (CA-11) sent a letter to the Consumer Bankers Association, the Credit Union National Association, and the Mortgage Bankers Association recognizing credit unions for offering interest-free loans to federal workers. The letter also highlights DeSaulnier’s hope that other financial institutions will follow suit.

“Several credit unions across the country have begun offering interest-free loans to impacted federal workers. I applaud these organizations for prioritizing customer well-being and am certain that this will be of great assistance to countless workers and families,” wrote DeSaulnier.

If the government shutdown continues into tomorrow, January 11th, over 800,000 federal workers will miss their scheduled paychecks, and the impact will be felt across the country. Eighty-five percent of the federal workforce resides outside of the District of Columbia. For instance, in California over 37,000 federal workers and their families will miss a paycheck.

“There are opportunities to prevent potentially catastrophic consequences for millions of Americans through cooperation and compassion. I will continue to work in Congress to re-open the government and ensure public employees and contractors are paid, and I appreciate those companies that are stepping up to help during this difficult time,” DeSaulnier continued.

Full text of the letters can be found here.

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