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Titanium:
February 2014
CHAIRMAN’S CIRCLE
Business Comments
Platinum:KUIC 95.3 The Reporter Newspaper Genentech (A Member of the Roche Group)
Gold:A.G. Spanos CompaniesFirst Northern BankFord Lincoln FairfieldGaw Van Male, Attorneys at LawMcDonald’s RestaurantsSutter Health (SSMC/SRMF)Wells Fargo BanksWestern Health Advantage
Silver:Cornerstone Assisted LivingHampton Inn & SuitesPotrero Hills LandfillRay Morgan Co.Solano Irrigation DistrictStandard Pacific HomesVacaville MagazineVITUS WineWal-MartWal-Mart Neighborhood Market (Alamo)Wal-Mart Neighborhood Market(Nut Tree Road)
Bronze:AAA Northern CaliforniaAaron’s AutomotiveAd Special T’sBay Area Electronic Medical BillingCache Creek Casino ResortCancer Treatment Center of VacavilleColdwell Banker Kappel Gateway RealtyCompassionate Care DentalCostco WholesaleCourtside Cottages of VacavilleDickey’s Barbecue PitJanssenM&G Duravent, Inc.Mariani Packing Co., Inc.Mary’s Pizza ShackMercedes of FairfieldMomentum Auto GroupPacific Gas & ElectricPhillippi EngineeringPretty PottiesRAS Solano Radiation Oncology CenterRaley’sState Compensation Insurance FundSuihkonen CPA’s & ConsultantsTheatre DeVilleToyota VacavilleTranspacVacaville Premium Outlets
Prudent Budget Proposed by Governor for 2014-15By California Chamber of Commerce-Alert
2014 Mixer and Wake-Up Schedule
Balanced budget. No newtaxes. Rainy day reserve.Debt repayment.
These are phrases rarely asso-ciated with California’s fiscal out-look. But economics and politicshave intervened to apply thosephrases to today’s circum-stances.
Governor Edmund G. BrownJr. proposed a fiscal plan inJanuary that harvests the fruits ofthe state’s economic recovery,and mostly reinvests right backinto the state’s balance sheet.
California’s moderate eco-nomic recovery has proceededsteadily for the past year, butstate revenues have blossomed.
For the three fiscal yearsbetween 2012 and 2015, rev-enues are forecast to outpace ini-tial estimates by $6.3 billion,almost all from the personalincome tax.The reason: windfallcapital gains tax receipts from aroaring stock market andrebounding real estate market.
The temporary tax increasespassed in 2012 parlayed thesewindfall realizations into big taxreceipts.The same taxpayers real-izing capital gains profits alsowere the target of the taxincreases. Indeed, revenues fromcapital gains in 2014 will behigher than in 2007, even though
Continued on page 3
* 2nd Thursday of the month** 3rd Thursday of the month
Date Event Member/Client Address/Location9-Jan Joint Mixer w/ FFSC* Solano Community College 2001 N.Village Parkway - VV
6-Feb Mixer Emeritus of Vacaville 1111 Ulatis Drive - VV
6-Mar Mixer Aaction Rents & Equipment 28 Union Way - VV
10-Apr Joint Mixer w/FFSC* Ford Lincoln Fairfield 3050 Auto Mall Court - FF
1-May Joint Mixer w/SC Chambers Solano CC Education Foundation SCC @ 4000 Suisun Valley Road - FF
15-May Joint Event w/Hispanic Chamber** Travis Credit Union 1 Travis Way - VV
5-Jun Mixer First Northern Bank 555 Mason Street., STE. 100 - VV
10-Jul Joint Mixer w/FFSC* NorthBay Healthcare 4500 Businss Center Drive - FF
7-Aug Mixer ESEF Apparel 640 Eubanks Court - VV
4-Sep Mixer VITUS Wine 536 Davis Street - VV
2-Oct Joint Mixer w/FFSC Kaiser Permanente 1 Quality Drive - VV
6-Nov Mixer Opera House 560 Main St., STE. C - VV
4-Dec Holiday Mixer Travis Credit Union 1 Travis Way - VV
Date Event Member/Client Address/Location21-Jan Wake-Up H&R Block 2060 Harbison Drive - VV
18-Feb Wake-Up Chevy's Fresh Mex 200 Nut Tree Parkway - VV
18-Mar Wake-Up Gateway Professional Insurance Services 1990 Alamo Drive, STE. 1 - VV
15-Apr Wake-Up The Academy of 21st Century Learning 1671 E. Monte Vista Ave., STE. N106 - VV
20-May Wake-Up The Landmark Image 821 Eubanks Drive, STE. H - VV
17-Jun Wake-Up Visit Vacaville 1663 E. Monte Vista Ave., STE. 102 - VV
15-Jul Wake-Up West America Bank 138 Peabody Road - VV
19-Aug Wake-Up Ryan Bates Photography 542 Main Street - VV
16-Sep Wake-Up All Size Flooring Center & Carpet Cleaning 1021 Mason Street - VV
21-Oct Wake-Up Diggers Deli 876 Alamo Drive - VV
18-Nov Wake-Up Dickey's BBQ 150 Nut Tree Parkway, STE. 100 - VV
16-Dec Holiday Wake-Up Jackson Medical Supply, KR Insurance & Hampton Inn & Suites
All Size Flooring Center & Carpet Cleaning 800 Mason Street - VV
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Thursday, January 30, 2014 - 7Vacaville Chamber of Commerce • Business Comments2 - Thursday, January 30, 2014 Vacaville Chamber of Commerce • Business Comments
The VacavilleChamber ofCommerce wel-comes our new
Membership DevelopmentDirector Tonya M. Dretzka.Tonya has over 30 years ofretail sales experience andwas the former Director ofMembership of the GreaterBakersfield Chamber ofCommerce.
Prior to relocating backto her home in SolanoCounty,Tonya was heavilyinvolved in the communityby being a member of sev-eral organizations. She saton many different boardsand has volunteered at numerous com-munity events.Tonya received aProclamation for all of her committedtime and volunteerism from State
Assemblyperson ShannonGrove. She also helpedform a local Chapter ofthe National Associationof Professional Womenand spoke at theBakersfield Women’sConference two years ina row.
Tonya is a graduatefrom Armijo High School.She has two adult chil-dren and is a proudgrandmother of twinbaby girls. Even thoughshe has spent some timeaway Tonya has alwaysconsidered SolanoCounty home and eager
to become involved in the community.Her favorite quote,“We make a living bywhat we get, but we make a life by whatwe give.”
www.thereporter.com
Wow, already a monthinto 2014 and a lot isgoing on with yourVacaville Chamber of
Commerce.The Leadership Today Class of
2014 has announced that theChildren’s Nurturing Project(Members of both the Fairfield-Suisun and Vacaville Chambers) willbe the cash recipient of this year’sLeadership Today’s fundraiser.Children’s Nurturing Project has atalented and interdisciplinary staffmade up of social workers,nurses,family support specialists,parentingeducators,developmental special-ists, and others.They utilize a homeand community based approach inworking with high risk families tobest support their needs.
Specifically the fundraiser bene-fit will increase awareness and pro-
vide initial counseling for victimsof human trafficking in Fairfield-Suisun and Vacaville.The Children’sNurturing Project will be workingin cooperation with the policedepartments of all three cities andthe District Attorney’s office. Moreinformation on this upcomingfundraising event will beannounced soon.
Hitchhiking on the success of2013, the Fairfield-Suisun and yourVacaville Chamber have continuedtheir partnership with four (4)scheduled Joint Mixers for 2014.The first one was held this pastJanuary at the Solano CommunityCollege Vacaville Campus.April andJuly we will be in Fairfield at FordLincoln Mercury and NorthBayHealthcare respectfully. In Octoberwe will be back in Vacaville atKaiser Permanente.
For the firsttime, yourVacavilleChamber willpartner with theHispanicChamber for ajoint event onThursday, May15th which willbe hosted by
Travis CreditUnion.All pro-ceeds fromthis event will
benefit the Dual ImmersionProgram at Markham ElementarySchool in Vacaville.The DualImmersion Program is an enrich-ment program designed to preparestudents for the skills they willneed in the global economy of the21st century.Additionally, this pro-
gram is designed to allow bothEnglish and Spanish speaking stu-dents to develop functionalSpanish fluency and literacy at nocost to their academic achievementand English development.
Lastly, the Chamber’s Businessand Community Political ActionCommittee (BAC-PAC) exists toencourage the active involvement ingovernmental affairs,keep the publicinformed,and to support/endorseissues with local impact.YourVacaville Chamber is very politicallyactive and strongly supports busi-ness friendly issues and candidates.BAC-PAC will have a very busy elec-tion year and will host several candi-date forums as we get closer to theprimary and election dates.
Stay tuned, there is a lot goingon with your Vacaville Chamber ofCommerce!
By Mark CreffieldPresident/CEO
Away We Go!
NEW / REJOINED MEMBERS FOR DECEMBER 2013Blue Mountain Realty, Inc.Jennifer Carollo707 Aldridge Road, #BVacaville, CA 95688707-451-8111jennifer@bluemountaininc.netwww.bluemountaininc.com
Boudin SFGreg Tanner1661 East Monte Vista Ave.Vacaville, CA [email protected]
DeVille Enterprises, Inc. – Bronze SponsorRoyce Farris308 Main StreetVacaville, CA 95688916-719-7128management@devilleent.comwww.devillevacaville.com
Four M ContractingJeanette Molina338 Cernon StreetVacaville, CA [email protected]
Solano Coalition for Better HealthJoanie EricksonOne Harbor Center, STE. 270Suisun City, CA [email protected]
VACAVILLE CHAMBER OF COMMERCEWELCOMES MEMBERSHIPDEVELOPMENT DIRECTOR
Tonya M. Dretzka
Getting the Most from Membership
You probably already knowthat at Vacaville Chambermembership offers a vari-ety of benefits,but did you
know that certain membership lev-els include many of the events youcurrently pay extra to attend? Whenplanning your marketing dollars forthe year ahead,upgrading toanother membership level may bethe best decision for your business.
At the Business and Nonprofitlevel, members receive extensivepromotion opportunities.Theseinclude an online, searchable direc-tory listing, social media announce-ments, online advertising throughour “hot deals”promotion platform,a place to put business cards andbrochures in our lobby, and anexclusive customer referral service.During the first year of member-ship, members also receive a rib-bon cutting/grand opening event,listing and bio in this newsletter, anew member table at an eveningmixer, distribution of an e-sheetwith information on the businessto all of our members, and a listingin Vacaville Magazine.The Chamber
also offers members access to ourprofessional boardroom to use forbusiness meetings.
Consider joining our ChairmanClub Circle. Beginning at ourBronze level, members’ businessnames are displayed at everyChamber event and recognized onthe cover of this BusinessComments newsletter.This levelalso includes an additional e-sheetblast and a year of free entrance toour monthly evening mixers forone person. Stepping up to theSilver level gives a business six e-sheet blast per year, which can beplanned into your marketing cam-paign and sent every other monthfor a year, or in another order thatmeets your promotion scheduleneeds. Silver members also enjoymonthly mixer entrance for twopersons, and a committee seat forone on TRAFC – the Travis RegionalArmed Forces Committee – whichliaises with air base offices onTravis Air Force Base.
Going Gold adds several incredi-ble opportunities to these benefits.Gold members enjoy booth space
at our annualCelebrateVacaville busi-ness fair andsponsorship forboth ourGOTCHA edu-cational eventand our AnnualDinner, withseating for fourat the latter.Gold membersalso receive
eight e-sheet blasts to members.At the Platinum level, a Golf
Classic sponsorship is added to thebenefits package, which includesone foursome for golf, plus dinnerand a tee box sign on the course.In addition to a booth at CelebrateVacaville, Platinum members arelisted as event sponsors.ThePlatinum package also includes ayear of free entrance to monthlymixers for three company repre-sentatives, and ten e-sheet blasts.
Our highest membership level,Titanium, gives the member com-pany additional benefits at their
sponsored events.The Titaniummember’s Annual Dinner sponsor-ship includes a table for eight, aswell as twelve e-sheets distributedeach year and monthly mixerentrance for five company repre-sentatives.
All membership levels are alsoinvited to serve as ChamberAmbassadors.Ambassadors are con-sidered the goodwill arm of theChamber,assisting in various activi-ties like Grand Openings,RibbonCuttings,Mixers,Wake Up Vacaville,and other event and fundraisers.TheAmbassadors act as leaders withinour business community,helpingthe Chamber increase membershipand member knowledge of our pro-grams, services,and benefits.
To get the most out of yourChamber membership this year,consider the various promotionalopportunities afforded by outmember level packages, and reachout to us with any questions youhave or opportunities you wouldlike to see.Your Chamber is here tohelp you make 2014 a great yearfor Vacaville business.
By Katheryn TubertyChair of the Board
Katheryn TubertyChairperson – Farmers Insurance
Tracy MitchellChair Elect –
TradeMark AdvertisingDilenna Harris
Immediate Past Chair –Kaiser Permanente
Debbie EgidioTreasurer – DTS Egidio
Dallas JacksonVice Chair Clients/Members –
Jackson Medical SupplyLouie DeBartolo
Vice Chair Education –DeBartolo & Co Fine Jewelers
Joanie EricksonVice Chair Business Issues –
Solano Collation for Better Health
Dan SharpSharp Public Affairs LLC
Mike FortneyPlacer Title
Pat HannonJanssen Corporation
Barry NelsonTravis Credit Union
Scott PardiniRecology Vacaville Solano
Scott ReynoldsGaw Van MaleSally SchulzThe Reporter
Mark CreffieldPresident/CEO
[email protected] Sabbagh
Community Relations [email protected]
Tonya M. DretzkaMembership Development Director
[email protected] McKillop
Leadership Today DirectorDarlene Chikeles
Bookkeeper
STAFF & CONTRACTORS
2013-14 OFFICERS
DIRECTORS
EXECUTIVE BOARD
Sales Director - Sally Schulz | ProjectCoordinator -Shauna Manina
Published by The Reporter
requiring anything from manufacturers ofconsumer products at all, much less impos-ing a huge fee to cover the costs of DPHhaving to read manufacturers’ responses.
SB 747 appears to be turning DPH into apublic health research agency, funded byemployers,without any end product.Althoughthe impact on employers will be smaller, themerits of the policy are now less clear.
Highly DuplicativeTo the extent that SB 747 envisions the
regulation of chemicals within consumerproducts that pose a risk of cancer or otherhealth epidemic, the program is duplica-tive. Consumer products already are subjectto regulation through Proposition 65,administered by the Office ofEnvironmental Health Hazard Assessment,and by the Safer Consumer ProductsRegulation run by the Department of ToxicSubstances Control (DTSC).
Virtually all consumer products areunder the regulatory authority of one orboth of these agencies and the criteria fortoxicity includes public health, not justenvironmental criteria.
In addition, food preparation safety isalready regulated by local public healthdirectors and inspectors, who coordinate
with the DPH Food and Drug Branch andthe U.S. Department of Agriculture. Foodsourcing safety also is regulated already bythe state Department of Food andAgriculture.Tobacco is regulated already byDPH, and alcohol by the U.S.Treasury Taxand Trade Bureau, and both also are cov-ered by Proposition 65.Toxic metals (lead,cadmium) are regulated in consumer prod-ucts by the DTSC.
Manufacturers also are subject to a num-ber of federal rules (for example,Food andDrug Administration,Consumer ProductSafety Commission,Environmental ProtectionAgency).Given this broad array of regulatoryprograms that exist to protect the publicfrom harm caused by consumer products, it isunclear what value would be obtained fromcreating a costly new reporting program.
Key VoteSB 747 passed Senate Health 5-2:Ayes: Beall (D-San Jose), De León (D-Los Angeles), DeSaulnier (D-Concord), Monning (D-Carmel),Pavley (D-Agoura Hills).Noes: Hernandez (D-West Covina),
Wolk (D-Davis).No Vote Recorded:Anderson (R-Alpine),Nielsen (R-Gerber).
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Thursday, January 30, 2014 - 3Vacaville Chamber of Commerce • Business Comments6 - Thursday, January 30, 2014 Vacaville Chamber of Commerce • Business Comments
FebruaryFebruary 6 - Mixer hosted by Emeritus of Vacaville
1111 Utatis Drive, Vacaville . . . . . . . . . . . . . . . . . . . . . . . . .5:30 p.m. – 7:00 p.m.
February 13 - Ambassador Committee meeting at the Hampton Inn & Suites800 Mason Street, Vacaville . . . . . . . . . . . . . . . . . . . . . . . . .8:00 a.m. – 9:00 a.m.
February 14 - Business Issues Educational Forum held in the Community Room at Travis CreditUnion located at One Travis Way, Vacaville . . . . . . . . . . . . .9:00 a.m. – 10:00 a.m.
February 17 - Chamber Offices closed in observance of Presidents Day
February 18 - Wake-Up Vacaville hosted by Chevy’s Fresh Mex located at200 Nut Tree Parkway, Vacaville . . . . . . . . . . . . . . . . . . . . .8:00 a.m. – 9:00 a.m.
MarchMarch 6 - Mixer hosted by Aaction Rents & Equipment
28 Union Way, Vacaville . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5:30 p.m. – 7:00 p.m.
March 13 - Ambassador Committee meeting at the Hampton Inn & Suites800 Mason Street, Vacaville . . . . . . . . . . . . . . . . . . . . . . . . . .8:00 a.m. – 9:00 a.m.
March 14 - Business Issues Educational Forum held in the Community Room at Travis CreditUnion located at One Travis Way, Vacaville . . . . . . . . . . . . . . .9:00 a.m. – 10:00 a.m.
March 18 - Wake-Up Vacaville hosted by Gateway Professional Insurance Services located at1990 Alamo Drive, STE. 1, Vacaville . . . . . . . . . . . . . . . . . . . . .8:00 a.m. – 9:00 a.m.
MEETINGS & EVENTS FOR FEBRUARY & MARCH 2014 CHAMBER WAKE-UP VACAVILLE, MIXER, EVENTS AND RIBBON CUTTING
1. Wake-Up hosted by H&R Block, 2060 Harbison Drive,Vacaville
2. Joint Mixer with the Fairfield-Suisun Chamber of Commerce hosted by Solano Community College,2001 North Village Parkway, Vacaville
3. Ribbon Cutting for the Solano Community College Anex,2002 North Village Parkway, Vacaville
Another California Chamber ofCommerce-opposed “job killer” bill from2013 has been amended and the “jobkiller” designation has been removedbecause it no longer allows the stateDepartment of Public Health (DPH) toban products in California or requireemployers to change the way they mar-ket or manufacture their products.However, the CalChamber remainsopposed because the bill establishes anunworkable, costly, duplicative and bur-densome new program for consumerproducts.
SB 747 (DeSaulnier; D-Concord)allows DPH to request information fromselected manufacturers of consumerproducts the department determinescontribute to a significant public healthepidemic. It also allows the departmentto impose a fee of up to $20,000 permanufacturer to cover its costs.
SB 747 passed the Senate HealthCommittee on January 15 and will beconsidered by the Senate AppropriationsCommittee on January 21.
“The bill ignores the inherent com-plexity of the program’s undertaking,”CalChamber Policy Advocate MiraGuertin said in testimony to the SenateHealth Committee.“We believe this pro-gram is unworkable, burdensome,duplicative of other state and federal reg-ulatory programs, and creates a newavenue for product liability lawsuitsagainst manufacturers. Further, there isno end-goal in the legislation that war-rants such a threat to California manufac-turers.”
New Costs, BurdensSB 747 charges DPH with identifying
the largest manufacturers of consumerproducts that contribute to federally rec-ognized public health epidemics with afiscal impact on California’s publichealth system of $50 million or more.Once identified, those manufacturersthen may be required by DPH to preparean analysis identifying the public healthimpacts resulting from sale of the rele-vant consumer product in the state and alist of mitigation strategies sufficient toreduce those impacts.
Although the bill no longer imposesany mandates on DPH, the departmentstill would have the authority to targetvirtually any manufacturer of any con-sumer product it deems harmful andrequire a detailed analysis. In addition,DPH still has authority to impose a fee ofup to $20,000 on each manufacturer tocover the costs of reviewing the informa-tion the manufacturer provides.
To What End?Significantly, language indicating what
DPH should do with the information itgathers from manufacturers has beenremoved from the bill; DPH is no longerrequired to report to the health andbudget committees in the Legislature, andno longer has authority to require manu-facturers to implement any of their mitiga-tion strategies or ban a product from sale.
These changes are comforting in thatthe immediate threat to manufacturers ofconsumer products has been reduced,but it is now unclear why the state is
Senate Committee Passes Bill Regulating Consumer Products
3
1 2 2
capital gains realizations were much lowerin 2014 than in 2007.
The steeply progressive nature ofCalifornia’s tax system will guarantee rapidrevenue growth as long as the taxes are ineffect and the economy grows.
Although they may be wealthy, upper-income taxpayers are relatively scarce. Only1% of income earners in California paymore than 40% of income taxes (in 2011).That ratio has only increased as the 2012tax increases have taken effect.Therefore, arelatively small number of taxpayers willhave a dominant effect on state revenues,and their decisions on whether and howmuch to do business in California will dis-proportionately affect the state’s fortunes.
The temporary tax increases and therecovering economy played the largest
roles in restoring fiscal health to California.But they don’t tell the whole story.
‘Live within Our Means’ Governor Brown has presided over
three budgets that are notable for their fru-gality.With the exception of spending onschools (which are constitutionally guaran-teed a generous share of new revenues),the Governor has kept the lid on spendingand rejected legislative overspending.Indeed, Governor Brown began his admin-istration in 2011 by reducing spending byabout $10 billion. He also inherited a bene-ficial legacy from Governor ArnoldSchwarzenegger—elimination of mostautomatic cost-of-living adjustments forstate programs, which has reduced some ofthe pressure for annual budget increases.
But just because a tax increase wascentral to producing balanced budgetsdoesn’t mean that new taxes will be thego-to policy in the future—at least accord-ing to the Governor.
“I don’t think this is the year for newtaxes,” said Brown.“I just think we need todo everything we can to live within ourmeans.”This statement was in response toa question about an oil severance tax, butis supported by the absence of any newtaxes in the budget proposal.
Multi-Year Goal A balanced budget is apparently a
multi-year goal for the administration,since a top fiscal priority is drawingdown debts and creating a rainy dayreserve.
Much of the windfall revenues fromcapital gains taxes will be used for one-time purposes:
• Making a deposit of $1.6 billion intothe state’s Rainy Day Reserve—thefirst such deposit in six years.
• Paying off early the EconomicRecovery Bonds, which were firstissued to cover budget deficits from2002: $1.6 billion.
• Repaying ahead of schedule loans fromspecial funds, including money back totransportation programs: $440 million.
• Eliminating deferral of scheduled pay-ments to school districts, which hadrequired schools to incur short-termdebt while waiting for state pay-ments: $6.1 billion.
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Thursday, January 30, 2014 - 5Vacaville Chamber of Commerce • Business Comments4 - Thursday, January 30, 2014 Vacaville Chamber of Commerce • Business Comments
The Governor also proposes to tweak aballot measure, scheduled for theNovember ballot, to enshrine a rainy dayreserve mandate in the state Constitution.His proposal would make some changesto the formula by which the reserve is cal-culated, and allows the reserve to be usedfor debt repayment, as well as economicdownturns.
The California Chamber of Commercehas supported past measures to createsuch a requirement, and will review theGovernor’s proposal closely when it isrevealed.
Much of the state’s long-term liabilitiesremain unaddressed.The administrationcalculates more than $217 billion inunfunded retirement liabilities for stateemployees, the University of Californiaand public school teachers. In addition,more than $100 million in additional infra-structure, maintenance and budget debtremain on the books.
Budget PrioritiesProgrammatically, the Governor main-
tains the priorities he has exhibited thepast three years.
• Public schools again receive themajor share of new General Fundspending: an additional $10 billion isdevoted to schools over the three fis-
cal years between 2012 to 2014.TheProposition 30 tax increase was soldto voters in 2012 on a promise torestore public school funds and bal-ance the state budget. So far, thosepriorities have driven state fiscal policy.
• Higher education spending is alsobeing restored, but more slowly. Statepolicy leaders’ top goal has been tohalt any tuition increase, which theyhave achieved. However, state fundsto support colleges and universitiesare increasing by about 5%, whichsystem leaders consider only a mildrestoration of prior cuts.
• Cap-and-trade auction revenues.One of the most contentious items inthe budget proposal will have noth-ing to do with general revenues orbudget deficits, but will directly con-cern how tax revenues from largeenergy users will be spent.The cap-and-trade auction has thrown off hun-dreds of millions in new revenuesover the past year; the new budget isthe first to propose how to spendthat revenue.The Governor intends the money—totaling $850 million—to be spent onhigh speed rail, subsidies for zero-emission vehicles, weatherization
projects for low-income residents,wetlands restoration, urban foresta-tion and many other energy and car-bon emission reduction projects.TheCal Chamber has challenged thelegality of the cap-and-trade auction,and therefore believes that the pro-ceeds of the auctions should not bespent, pending a final outcome of thelitigation.
• The Judicial Branch has sufferedsome of the deepest cuts in recentyears, resulting in less access to thecivil justice system.The Governorproposes restoring $105 million,which stops the worst of the bleed-ing, but will not prevent additionalservice reductions next year, accord-ing to the courts. Past cuts were off-set in part by using trial courtreserves, which no longer are available.
• A new local economic develop-ment proposal purports to providesome new, limited financing authorityfor local infrastructure projects. Localeconomic development has beendealt a serious blow with eliminationof redevelopment agencies and enter-prise zones.The administration pro-poses to expand the scope andstreamline formation of Infrastructure
Financing Districts to use propertytax increments from new develop-ment (not including property taxesdevoted to schools) under some lim-ited circumstances.There are manylegal and organizational hurdles tomaking this authority a practical tool,but the administration’s attention tothis local development financing voidis welcome.
• Statewide infrastructure invest-ment will benefit from the adminis-tration’s policy of using one-time rev-enues for one-time purposes.Theadministration is proposing morethan $800 million in one-time invest-ments in deferred maintenance proj-ects, primarily on highways and forschools and public buildings.However, the administration has notprovided a road map to financeother public works needs in trans-portation, public schools and waterfacilities.
• New health and welfare spendingwill be dominated by continuingescalation in the cost of the Medi-Calprogram, largely in response to imple-mentation of federal health carereform.The Governor also proposesproviding one of the first increases infamily welfare grants in many years.
Continued from page 3
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Thursday, January 30, 2014 - 5Vacaville Chamber of Commerce • Business Comments4 - Thursday, January 30, 2014 Vacaville Chamber of Commerce • Business Comments
The Governor also proposes to tweak aballot measure, scheduled for theNovember ballot, to enshrine a rainy dayreserve mandate in the state Constitution.His proposal would make some changesto the formula by which the reserve is cal-culated, and allows the reserve to be usedfor debt repayment, as well as economicdownturns.
The California Chamber of Commercehas supported past measures to createsuch a requirement, and will review theGovernor’s proposal closely when it isrevealed.
Much of the state’s long-term liabilitiesremain unaddressed.The administrationcalculates more than $217 billion inunfunded retirement liabilities for stateemployees, the University of Californiaand public school teachers. In addition,more than $100 million in additional infra-structure, maintenance and budget debtremain on the books.
Budget PrioritiesProgrammatically, the Governor main-
tains the priorities he has exhibited thepast three years.
• Public schools again receive themajor share of new General Fundspending: an additional $10 billion isdevoted to schools over the three fis-
cal years between 2012 to 2014.TheProposition 30 tax increase was soldto voters in 2012 on a promise torestore public school funds and bal-ance the state budget. So far, thosepriorities have driven state fiscal policy.
• Higher education spending is alsobeing restored, but more slowly. Statepolicy leaders’ top goal has been tohalt any tuition increase, which theyhave achieved. However, state fundsto support colleges and universitiesare increasing by about 5%, whichsystem leaders consider only a mildrestoration of prior cuts.
• Cap-and-trade auction revenues.One of the most contentious items inthe budget proposal will have noth-ing to do with general revenues orbudget deficits, but will directly con-cern how tax revenues from largeenergy users will be spent.The cap-and-trade auction has thrown off hun-dreds of millions in new revenuesover the past year; the new budget isthe first to propose how to spendthat revenue.The Governor intends the money—totaling $850 million—to be spent onhigh speed rail, subsidies for zero-emission vehicles, weatherization
projects for low-income residents,wetlands restoration, urban foresta-tion and many other energy and car-bon emission reduction projects.TheCal Chamber has challenged thelegality of the cap-and-trade auction,and therefore believes that the pro-ceeds of the auctions should not bespent, pending a final outcome of thelitigation.
• The Judicial Branch has sufferedsome of the deepest cuts in recentyears, resulting in less access to thecivil justice system.The Governorproposes restoring $105 million,which stops the worst of the bleed-ing, but will not prevent additionalservice reductions next year, accord-ing to the courts. Past cuts were off-set in part by using trial courtreserves, which no longer are available.
• A new local economic develop-ment proposal purports to providesome new, limited financing authorityfor local infrastructure projects. Localeconomic development has beendealt a serious blow with eliminationof redevelopment agencies and enter-prise zones.The administration pro-poses to expand the scope andstreamline formation of Infrastructure
Financing Districts to use propertytax increments from new develop-ment (not including property taxesdevoted to schools) under some lim-ited circumstances.There are manylegal and organizational hurdles tomaking this authority a practical tool,but the administration’s attention tothis local development financing voidis welcome.
• Statewide infrastructure invest-ment will benefit from the adminis-tration’s policy of using one-time rev-enues for one-time purposes.Theadministration is proposing morethan $800 million in one-time invest-ments in deferred maintenance proj-ects, primarily on highways and forschools and public buildings.However, the administration has notprovided a road map to financeother public works needs in trans-portation, public schools and waterfacilities.
• New health and welfare spendingwill be dominated by continuingescalation in the cost of the Medi-Calprogram, largely in response to imple-mentation of federal health carereform.The Governor also proposesproviding one of the first increases infamily welfare grants in many years.
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Thursday, January 30, 2014 - 3Vacaville Chamber of Commerce • Business Comments6 - Thursday, January 30, 2014 Vacaville Chamber of Commerce • Business Comments
FebruaryFebruary 6 - Mixer hosted by Emeritus of Vacaville
1111 Utatis Drive, Vacaville . . . . . . . . . . . . . . . . . . . . . . . . .5:30 p.m. – 7:00 p.m.
February 13 - Ambassador Committee meeting at the Hampton Inn & Suites800 Mason Street, Vacaville . . . . . . . . . . . . . . . . . . . . . . . . .8:00 a.m. – 9:00 a.m.
February 14 - Business Issues Educational Forum held in the Community Room at Travis CreditUnion located at One Travis Way, Vacaville . . . . . . . . . . . . .9:00 a.m. – 10:00 a.m.
February 17 - Chamber Offices closed in observance of Presidents Day
February 18 - Wake-Up Vacaville hosted by Chevy’s Fresh Mex located at200 Nut Tree Parkway, Vacaville . . . . . . . . . . . . . . . . . . . . .8:00 a.m. – 9:00 a.m.
MarchMarch 6 - Mixer hosted by Aaction Rents & Equipment
28 Union Way, Vacaville . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5:30 p.m. – 7:00 p.m.
March 13 - Ambassador Committee meeting at the Hampton Inn & Suites800 Mason Street, Vacaville . . . . . . . . . . . . . . . . . . . . . . . . . .8:00 a.m. – 9:00 a.m.
March 14 - Business Issues Educational Forum held in the Community Room at Travis CreditUnion located at One Travis Way, Vacaville . . . . . . . . . . . . . . .9:00 a.m. – 10:00 a.m.
March 18 - Wake-Up Vacaville hosted by Gateway Professional Insurance Services located at1990 Alamo Drive, STE. 1, Vacaville . . . . . . . . . . . . . . . . . . . . .8:00 a.m. – 9:00 a.m.
MEETINGS & EVENTS FOR FEBRUARY & MARCH 2014 CHAMBER WAKE-UP VACAVILLE, MIXER, EVENTS AND RIBBON CUTTING
1. Wake-Up hosted by H&R Block, 2060 Harbison Drive,Vacaville
2. Joint Mixer with the Fairfield-Suisun Chamber of Commerce hosted by Solano Community College,2001 North Village Parkway, Vacaville
3. Ribbon Cutting for the Solano Community College Anex,2002 North Village Parkway, Vacaville
Another California Chamber ofCommerce-opposed “job killer” bill from2013 has been amended and the “jobkiller” designation has been removedbecause it no longer allows the stateDepartment of Public Health (DPH) toban products in California or requireemployers to change the way they mar-ket or manufacture their products.However, the CalChamber remainsopposed because the bill establishes anunworkable, costly, duplicative and bur-densome new program for consumerproducts.
SB 747 (DeSaulnier; D-Concord)allows DPH to request information fromselected manufacturers of consumerproducts the department determinescontribute to a significant public healthepidemic. It also allows the departmentto impose a fee of up to $20,000 permanufacturer to cover its costs.
SB 747 passed the Senate HealthCommittee on January 15 and will beconsidered by the Senate AppropriationsCommittee on January 21.
“The bill ignores the inherent com-plexity of the program’s undertaking,”CalChamber Policy Advocate MiraGuertin said in testimony to the SenateHealth Committee.“We believe this pro-gram is unworkable, burdensome,duplicative of other state and federal reg-ulatory programs, and creates a newavenue for product liability lawsuitsagainst manufacturers. Further, there isno end-goal in the legislation that war-rants such a threat to California manufac-turers.”
New Costs, BurdensSB 747 charges DPH with identifying
the largest manufacturers of consumerproducts that contribute to federally rec-ognized public health epidemics with afiscal impact on California’s publichealth system of $50 million or more.Once identified, those manufacturersthen may be required by DPH to preparean analysis identifying the public healthimpacts resulting from sale of the rele-vant consumer product in the state and alist of mitigation strategies sufficient toreduce those impacts.
Although the bill no longer imposesany mandates on DPH, the departmentstill would have the authority to targetvirtually any manufacturer of any con-sumer product it deems harmful andrequire a detailed analysis. In addition,DPH still has authority to impose a fee ofup to $20,000 on each manufacturer tocover the costs of reviewing the informa-tion the manufacturer provides.
To What End?Significantly, language indicating what
DPH should do with the information itgathers from manufacturers has beenremoved from the bill; DPH is no longerrequired to report to the health andbudget committees in the Legislature, andno longer has authority to require manu-facturers to implement any of their mitiga-tion strategies or ban a product from sale.
These changes are comforting in thatthe immediate threat to manufacturers ofconsumer products has been reduced,but it is now unclear why the state is
Senate Committee Passes Bill Regulating Consumer Products
3
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capital gains realizations were much lowerin 2014 than in 2007.
The steeply progressive nature ofCalifornia’s tax system will guarantee rapidrevenue growth as long as the taxes are ineffect and the economy grows.
Although they may be wealthy, upper-income taxpayers are relatively scarce. Only1% of income earners in California paymore than 40% of income taxes (in 2011).That ratio has only increased as the 2012tax increases have taken effect.Therefore, arelatively small number of taxpayers willhave a dominant effect on state revenues,and their decisions on whether and howmuch to do business in California will dis-proportionately affect the state’s fortunes.
The temporary tax increases and therecovering economy played the largest
roles in restoring fiscal health to California.But they don’t tell the whole story.
‘Live within Our Means’ Governor Brown has presided over
three budgets that are notable for their fru-gality.With the exception of spending onschools (which are constitutionally guaran-teed a generous share of new revenues),the Governor has kept the lid on spendingand rejected legislative overspending.Indeed, Governor Brown began his admin-istration in 2011 by reducing spending byabout $10 billion. He also inherited a bene-ficial legacy from Governor ArnoldSchwarzenegger—elimination of mostautomatic cost-of-living adjustments forstate programs, which has reduced some ofthe pressure for annual budget increases.
But just because a tax increase wascentral to producing balanced budgetsdoesn’t mean that new taxes will be thego-to policy in the future—at least accord-ing to the Governor.
“I don’t think this is the year for newtaxes,” said Brown.“I just think we need todo everything we can to live within ourmeans.”This statement was in response toa question about an oil severance tax, butis supported by the absence of any newtaxes in the budget proposal.
Multi-Year Goal A balanced budget is apparently a
multi-year goal for the administration,since a top fiscal priority is drawingdown debts and creating a rainy dayreserve.
Much of the windfall revenues fromcapital gains taxes will be used for one-time purposes:
• Making a deposit of $1.6 billion intothe state’s Rainy Day Reserve—thefirst such deposit in six years.
• Paying off early the EconomicRecovery Bonds, which were firstissued to cover budget deficits from2002: $1.6 billion.
• Repaying ahead of schedule loans fromspecial funds, including money back totransportation programs: $440 million.
• Eliminating deferral of scheduled pay-ments to school districts, which hadrequired schools to incur short-termdebt while waiting for state pay-ments: $6.1 billion.
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Thursday, January 30, 2014 - 7Vacaville Chamber of Commerce • Business Comments2 - Thursday, January 30, 2014 Vacaville Chamber of Commerce • Business Comments
The VacavilleChamber ofCommerce wel-comes our new
Membership DevelopmentDirector Tonya M. Dretzka.Tonya has over 30 years ofretail sales experience andwas the former Director ofMembership of the GreaterBakersfield Chamber ofCommerce.
Prior to relocating backto her home in SolanoCounty,Tonya was heavilyinvolved in the communityby being a member of sev-eral organizations. She saton many different boardsand has volunteered at numerous com-munity events.Tonya received aProclamation for all of her committedtime and volunteerism from State
Assemblyperson ShannonGrove. She also helpedform a local Chapter ofthe National Associationof Professional Womenand spoke at theBakersfield Women’sConference two years ina row.
Tonya is a graduatefrom Armijo High School.She has two adult chil-dren and is a proudgrandmother of twinbaby girls. Even thoughshe has spent some timeaway Tonya has alwaysconsidered SolanoCounty home and eager
to become involved in the community.Her favorite quote,“We make a living bywhat we get, but we make a life by whatwe give.”
www.thereporter.com
Wow, already a monthinto 2014 and a lot isgoing on with yourVacaville Chamber of
Commerce.The Leadership Today Class of
2014 has announced that theChildren’s Nurturing Project(Members of both the Fairfield-Suisun and Vacaville Chambers) willbe the cash recipient of this year’sLeadership Today’s fundraiser.Children’s Nurturing Project has atalented and interdisciplinary staffmade up of social workers,nurses,family support specialists,parentingeducators,developmental special-ists, and others.They utilize a homeand community based approach inworking with high risk families tobest support their needs.
Specifically the fundraiser bene-fit will increase awareness and pro-
vide initial counseling for victimsof human trafficking in Fairfield-Suisun and Vacaville.The Children’sNurturing Project will be workingin cooperation with the policedepartments of all three cities andthe District Attorney’s office. Moreinformation on this upcomingfundraising event will beannounced soon.
Hitchhiking on the success of2013, the Fairfield-Suisun and yourVacaville Chamber have continuedtheir partnership with four (4)scheduled Joint Mixers for 2014.The first one was held this pastJanuary at the Solano CommunityCollege Vacaville Campus.April andJuly we will be in Fairfield at FordLincoln Mercury and NorthBayHealthcare respectfully. In Octoberwe will be back in Vacaville atKaiser Permanente.
For the firsttime, yourVacavilleChamber willpartner with theHispanicChamber for ajoint event onThursday, May15th which willbe hosted by
Travis CreditUnion.All pro-ceeds fromthis event will
benefit the Dual ImmersionProgram at Markham ElementarySchool in Vacaville.The DualImmersion Program is an enrich-ment program designed to preparestudents for the skills they willneed in the global economy of the21st century.Additionally, this pro-
gram is designed to allow bothEnglish and Spanish speaking stu-dents to develop functionalSpanish fluency and literacy at nocost to their academic achievementand English development.
Lastly, the Chamber’s Businessand Community Political ActionCommittee (BAC-PAC) exists toencourage the active involvement ingovernmental affairs,keep the publicinformed,and to support/endorseissues with local impact.YourVacaville Chamber is very politicallyactive and strongly supports busi-ness friendly issues and candidates.BAC-PAC will have a very busy elec-tion year and will host several candi-date forums as we get closer to theprimary and election dates.
Stay tuned, there is a lot goingon with your Vacaville Chamber ofCommerce!
By Mark CreffieldPresident/CEO
Away We Go!
NEW / REJOINED MEMBERS FOR DECEMBER 2013Blue Mountain Realty, Inc.Jennifer Carollo707 Aldridge Road, #BVacaville, CA 95688707-451-8111jennifer@bluemountaininc.netwww.bluemountaininc.com
Boudin SFGreg Tanner1661 East Monte Vista Ave.Vacaville, CA [email protected]
DeVille Enterprises, Inc. – Bronze SponsorRoyce Farris308 Main StreetVacaville, CA 95688916-719-7128management@devilleent.comwww.devillevacaville.com
Four M ContractingJeanette Molina338 Cernon StreetVacaville, CA [email protected]
Solano Coalition for Better HealthJoanie EricksonOne Harbor Center, STE. 270Suisun City, CA [email protected]
VACAVILLE CHAMBER OF COMMERCEWELCOMES MEMBERSHIPDEVELOPMENT DIRECTOR
Tonya M. Dretzka
Getting the Most from Membership
You probably already knowthat at Vacaville Chambermembership offers a vari-ety of benefits,but did you
know that certain membership lev-els include many of the events youcurrently pay extra to attend? Whenplanning your marketing dollars forthe year ahead,upgrading toanother membership level may bethe best decision for your business.
At the Business and Nonprofitlevel, members receive extensivepromotion opportunities.Theseinclude an online, searchable direc-tory listing, social media announce-ments, online advertising throughour “hot deals”promotion platform,a place to put business cards andbrochures in our lobby, and anexclusive customer referral service.During the first year of member-ship, members also receive a rib-bon cutting/grand opening event,listing and bio in this newsletter, anew member table at an eveningmixer, distribution of an e-sheetwith information on the businessto all of our members, and a listingin Vacaville Magazine.The Chamber
also offers members access to ourprofessional boardroom to use forbusiness meetings.
Consider joining our ChairmanClub Circle. Beginning at ourBronze level, members’ businessnames are displayed at everyChamber event and recognized onthe cover of this BusinessComments newsletter.This levelalso includes an additional e-sheetblast and a year of free entrance toour monthly evening mixers forone person. Stepping up to theSilver level gives a business six e-sheet blast per year, which can beplanned into your marketing cam-paign and sent every other monthfor a year, or in another order thatmeets your promotion scheduleneeds. Silver members also enjoymonthly mixer entrance for twopersons, and a committee seat forone on TRAFC – the Travis RegionalArmed Forces Committee – whichliaises with air base offices onTravis Air Force Base.
Going Gold adds several incredi-ble opportunities to these benefits.Gold members enjoy booth space
at our annualCelebrateVacaville busi-ness fair andsponsorship forboth ourGOTCHA edu-cational eventand our AnnualDinner, withseating for fourat the latter.Gold membersalso receive
eight e-sheet blasts to members.At the Platinum level, a Golf
Classic sponsorship is added to thebenefits package, which includesone foursome for golf, plus dinnerand a tee box sign on the course.In addition to a booth at CelebrateVacaville, Platinum members arelisted as event sponsors.ThePlatinum package also includes ayear of free entrance to monthlymixers for three company repre-sentatives, and ten e-sheet blasts.
Our highest membership level,Titanium, gives the member com-pany additional benefits at their
sponsored events.The Titaniummember’s Annual Dinner sponsor-ship includes a table for eight, aswell as twelve e-sheets distributedeach year and monthly mixerentrance for five company repre-sentatives.
All membership levels are alsoinvited to serve as ChamberAmbassadors.Ambassadors are con-sidered the goodwill arm of theChamber,assisting in various activi-ties like Grand Openings,RibbonCuttings,Mixers,Wake Up Vacaville,and other event and fundraisers.TheAmbassadors act as leaders withinour business community,helpingthe Chamber increase membershipand member knowledge of our pro-grams, services,and benefits.
To get the most out of yourChamber membership this year,consider the various promotionalopportunities afforded by outmember level packages, and reachout to us with any questions youhave or opportunities you wouldlike to see.Your Chamber is here tohelp you make 2014 a great yearfor Vacaville business.
By Katheryn TubertyChair of the Board
Katheryn TubertyChairperson – Farmers Insurance
Tracy MitchellChair Elect –
TradeMark AdvertisingDilenna Harris
Immediate Past Chair –Kaiser Permanente
Debbie EgidioTreasurer – DTS Egidio
Dallas JacksonVice Chair Clients/Members –
Jackson Medical SupplyLouie DeBartolo
Vice Chair Education –DeBartolo & Co Fine Jewelers
Joanie EricksonVice Chair Business Issues –
Solano Collation for Better Health
Dan SharpSharp Public Affairs LLC
Mike FortneyPlacer Title
Pat HannonJanssen Corporation
Barry NelsonTravis Credit Union
Scott PardiniRecology Vacaville Solano
Scott ReynoldsGaw Van MaleSally SchulzThe Reporter
Mark CreffieldPresident/CEO
[email protected] Sabbagh
Community Relations [email protected]
Tonya M. DretzkaMembership Development Director
[email protected] McKillop
Leadership Today DirectorDarlene Chikeles
Bookkeeper
STAFF & CONTRACTORS
2013-14 OFFICERS
DIRECTORS
EXECUTIVE BOARD
Sales Director - Sally Schulz | ProjectCoordinator -Shauna Manina
Published by The Reporter
requiring anything from manufacturers ofconsumer products at all, much less impos-ing a huge fee to cover the costs of DPHhaving to read manufacturers’ responses.
SB 747 appears to be turning DPH into apublic health research agency, funded byemployers,without any end product.Althoughthe impact on employers will be smaller, themerits of the policy are now less clear.
Highly DuplicativeTo the extent that SB 747 envisions the
regulation of chemicals within consumerproducts that pose a risk of cancer or otherhealth epidemic, the program is duplica-tive. Consumer products already are subjectto regulation through Proposition 65,administered by the Office ofEnvironmental Health Hazard Assessment,and by the Safer Consumer ProductsRegulation run by the Department of ToxicSubstances Control (DTSC).
Virtually all consumer products areunder the regulatory authority of one orboth of these agencies and the criteria fortoxicity includes public health, not justenvironmental criteria.
In addition, food preparation safety isalready regulated by local public healthdirectors and inspectors, who coordinate
with the DPH Food and Drug Branch andthe U.S. Department of Agriculture. Foodsourcing safety also is regulated already bythe state Department of Food andAgriculture.Tobacco is regulated already byDPH, and alcohol by the U.S.Treasury Taxand Trade Bureau, and both also are cov-ered by Proposition 65.Toxic metals (lead,cadmium) are regulated in consumer prod-ucts by the DTSC.
Manufacturers also are subject to a num-ber of federal rules (for example,Food andDrug Administration,Consumer ProductSafety Commission,Environmental ProtectionAgency).Given this broad array of regulatoryprograms that exist to protect the publicfrom harm caused by consumer products, it isunclear what value would be obtained fromcreating a costly new reporting program.
Key VoteSB 747 passed Senate Health 5-2:Ayes: Beall (D-San Jose), De León (D-Los Angeles), DeSaulnier (D-Concord), Monning (D-Carmel),Pavley (D-Agoura Hills).Noes: Hernandez (D-West Covina),
Wolk (D-Davis).No Vote Recorded:Anderson (R-Alpine),Nielsen (R-Gerber).
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Titanium:
February 2014
CHAIRMAN’S CIRCLE
Business Comments
Platinum:KUIC 95.3 The Reporter Newspaper Genentech (A Member of the Roche Group)
Gold:A.G. Spanos CompaniesFirst Northern BankFord Lincoln FairfieldGaw Van Male, Attorneys at LawMcDonald’s RestaurantsSutter Health (SSMC/SRMF)Wells Fargo BanksWestern Health Advantage
Silver:Cornerstone Assisted LivingHampton Inn & SuitesPotrero Hills LandfillRay Morgan Co.Solano Irrigation DistrictStandard Pacific HomesVacaville MagazineVITUS WineWal-MartWal-Mart Neighborhood Market (Alamo)Wal-Mart Neighborhood Market(Nut Tree Road)
Bronze:AAA Northern CaliforniaAaron’s AutomotiveAd Special T’sBay Area Electronic Medical BillingCache Creek Casino ResortCancer Treatment Center of VacavilleColdwell Banker Kappel Gateway RealtyCompassionate Care DentalCostco WholesaleCourtside Cottages of VacavilleDickey’s Barbecue PitJanssenM&G Duravent, Inc.Mariani Packing Co., Inc.Mary’s Pizza ShackMercedes of FairfieldMomentum Auto GroupPacific Gas & ElectricPhillippi EngineeringPretty PottiesRAS Solano Radiation Oncology CenterRaley’sState Compensation Insurance FundSuihkonen CPA’s & ConsultantsTheatre DeVilleToyota VacavilleTranspacVacaville Premium Outlets
Prudent Budget Proposed by Governor for 2014-15By California Chamber of Commerce-Alert
2014 Mixer and Wake-Up Schedule
Balanced budget. No newtaxes. Rainy day reserve.Debt repayment.
These are phrases rarely asso-ciated with California’s fiscal out-look. But economics and politicshave intervened to apply thosephrases to today’s circum-stances.
Governor Edmund G. BrownJr. proposed a fiscal plan inJanuary that harvests the fruits ofthe state’s economic recovery,and mostly reinvests right backinto the state’s balance sheet.
California’s moderate eco-nomic recovery has proceededsteadily for the past year, butstate revenues have blossomed.
For the three fiscal yearsbetween 2012 and 2015, rev-enues are forecast to outpace ini-tial estimates by $6.3 billion,almost all from the personalincome tax.The reason: windfallcapital gains tax receipts from aroaring stock market andrebounding real estate market.
The temporary tax increasespassed in 2012 parlayed thesewindfall realizations into big taxreceipts.The same taxpayers real-izing capital gains profits alsowere the target of the taxincreases. Indeed, revenues fromcapital gains in 2014 will behigher than in 2007, even though
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* 2nd Thursday of the month** 3rd Thursday of the month
Date Event Member/Client Address/Location9-Jan Joint Mixer w/ FFSC* Solano Community College 2001 N.Village Parkway - VV
6-Feb Mixer Emeritus of Vacaville 1111 Ulatis Drive - VV
6-Mar Mixer Aaction Rents & Equipment 28 Union Way - VV
10-Apr Joint Mixer w/FFSC* Ford Lincoln Fairfield 3050 Auto Mall Court - FF
1-May Joint Mixer w/SC Chambers Solano CC Education Foundation SCC @ 4000 Suisun Valley Road - FF
15-May Joint Event w/Hispanic Chamber** Travis Credit Union 1 Travis Way - VV
5-Jun Mixer First Northern Bank 555 Mason Street., STE. 100 - VV
10-Jul Joint Mixer w/FFSC* NorthBay Healthcare 4500 Businss Center Drive - FF
7-Aug Mixer ESEF Apparel 640 Eubanks Court - VV
4-Sep Mixer VITUS Wine 536 Davis Street - VV
2-Oct Joint Mixer w/FFSC Kaiser Permanente 1 Quality Drive - VV
6-Nov Mixer Opera House 560 Main St., STE. C - VV
4-Dec Holiday Mixer Travis Credit Union 1 Travis Way - VV
Date Event Member/Client Address/Location21-Jan Wake-Up H&R Block 2060 Harbison Drive - VV
18-Feb Wake-Up Chevy's Fresh Mex 200 Nut Tree Parkway - VV
18-Mar Wake-Up Gateway Professional Insurance Services 1990 Alamo Drive, STE. 1 - VV
15-Apr Wake-Up The Academy of 21st Century Learning 1671 E. Monte Vista Ave., STE. N106 - VV
20-May Wake-Up The Landmark Image 821 Eubanks Drive, STE. H - VV
17-Jun Wake-Up Visit Vacaville 1663 E. Monte Vista Ave., STE. 102 - VV
15-Jul Wake-Up West America Bank 138 Peabody Road - VV
19-Aug Wake-Up Ryan Bates Photography 542 Main Street - VV
16-Sep Wake-Up All Size Flooring Center & Carpet Cleaning 1021 Mason Street - VV
21-Oct Wake-Up Diggers Deli 876 Alamo Drive - VV
18-Nov Wake-Up Dickey's BBQ 150 Nut Tree Parkway, STE. 100 - VV
16-Dec Holiday Wake-Up Jackson Medical Supply, KR Insurance & Hampton Inn & Suites
All Size Flooring Center & Carpet Cleaning 800 Mason Street - VV