Archive for the ‘Finance’ Category

Governor Newsom issues Executive Order to protect renters and homeowners during COVID-19 pandemic

Monday, March 16th, 2020

The Executive Order authorizes local governments to halt evictions, slows foreclosures, and protects against utility shut offs; The protections are in effect through May 31, 2020

SACRAMENTO – Governor Gavin Newsom today, Monday, March 16, 2020 issued an executive order that authorizes local governments to halt evictions for renters and homeowners, slows foreclosures, and protects against utility shutoffs for Californians affected by COVID-19.

The Executive Order comes as Californians are experiencing substantial loss of hours or wages, or layoffs related to COVID-19, affecting their ability to keep up with their rents, mortgages, and utility bills.

“People shouldn’t lose or be forced out of their home because of the spread of COVID-19,” said Governor Newsom. “Over the next few weeks, everyone will have to make sacrifices – but a place to live shouldn’t be one of them. I strongly encourage cities and counties take up this authority to protect Californians.”

The order does not relieve a tenant from the obligation to pay rent, or restrict the landlord’s ability to recover rent that is due. The protections are in effect through May 31, 2020, unless extended. The order also requests banks and other financial institutions to halt foreclosures and related evictions during this time period.

The Governor’s Executive Order asks the California Public Utilities Commission to monitor measures undertaken by public and private utility providers to implement customer service protections for critical utilities, including electric, gas, water, internet, landline telephone, and cell phone service on a weekly basis.

The full Executive Order can be found here. Gov Newsom 3.16.20-Executive-Order N-28-20

Antioch to declare Local Emergency Tuesday in response to COVID-19 to access state, federal funds

Monday, March 16th, 2020

City to activate Office of Emergency Services

Today, Monday, March 16, 2020 the City of Antioch officials announced they will declare a Local Emergency on Tuesday, March 17, 2020 and a partial activation of their Emergency Operations Center (EOC). These actions are in response to the COVID-19 pandemic.

By proclaiming a Local Emergency, the City of Antioch will be able to submit the resolution to both the state and federal governments in order to access financial support in the event there are financial losses within the City.

Additionally, the Local Emergency affirms the authority of the City Manager to make decisions in an expedient manner for the purpose of keeping Antioch safe.

“By declaring a Local Emergency, we are ensuring that the City of Antioch is in position to potentially be able to access state and federal funds,” said Ron Bernal, City Manager, City of Antioch. “I want our residents and businesses to know that we are taking the necessary steps to keep our community as safe as possible against the spread of COVID-19.”

To date, the City has already taken aggressive steps in the fight against COVID-19. From closing city offices, increasing daily cleaning, canceling community events, and canceling or minimizing the number of constituents that can attend public meetings, Antioch has been proactive in their efforts to minimize employee and public contact.

About the City of Antioch: Antioch is located on the banks of the San Joaquin River in Northern California. Just off of Highway 4, in Contra Costa County.

With a population of over 100,000 people, Antioch has become the heart of Eastern Contra Costa County, offering a variety of employment, shopping and vast recreational activities.

The pace of development in Antioch has spurred activity for financial and insurance institutions, contractors, and other types of service-oriented businesses. Increased development has created increased employment in schools, hospitals, and other local service sectors. Antioch poised to capitalize on its location, skilled workforce, and fiscal strength.

For more information: www.antiochca.gov

Want to serve on the county’s Treasury Oversight Committee?

Friday, February 28th, 2020

The Contra Costa County Board of Supervisors is seeking an individual with sound knowledge and experience in the field of public and private finance to serve on the Treasury Oversight Committee (Committee) in the Public Representative Seat #3.  To be considered, candidates must be County residents, may not be employed by an entity that has contributed to the reelection campaign of the County Treasurer or a member of the Board of Supervisors in the previous three years, may not directly or indirectly raise money for the County Treasurer or a member of the Board of Supervisors while a member of the Committee, and may not work for bond underwriters, bond counsel, security brokerages or dealers, or financial services firms with whom the County Treasurer does business, either during his or her tenure on the committee or for one year after leaving the Committee. (Government Code §27132.3).

The Committee meets at 3:00 p.m. on the third Tuesday of the month following each quarter at 625 Court Street, Room B001, Martinez, CA 94553.  Each meeting lasts approximately one hour.  The Committee’s duties include reviewing and monitoring the County Treasurer’s annual investment policy, and ensuring an annual audit is conducted to determine the County Treasurer is in compliance with Government Code §§27130-27137. The annual audits, meeting agendas and minutes of the Committee are available online. Members of the Committee receive no compensation for their service.  The Board of Supervisors will appoint the selected individual to complete the four-year term on May 1, 2020 through April 30, 2024.

Application forms can be obtained from the Clerk of the Board of Supervisors by calling (925) 335-1900 or by clicking on the following link: Application Form.  Applications should be returned to the Clerk of the Board of Supervisors, Room 106, County Administration Building, 651 Pine Street, Martinez, CA 94553 no later than Friday, March 27, 2020 by 5 p.m.  More information about the Treasury Oversight Committee can be obtained by calling Russell Watts at (925) 957-2888 or visiting the Treasurer-Tax Collector’s Treasury Oversight Committee webpage.

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

Friday, September 13th, 2019

Free credit repair workshop in Brentwood Thursday, Aug. 22

Wednesday, August 7th, 2019

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

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.

 

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.

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.