Category: Finance

Bilingual report — Ventura County Assessor’s Office to Mail Assessed Value Notices Next Week

The Assessor’s Office is preparing to send out, by mail, approximately 250,000 assessed value notices to taxpayers in Ventura County early next week. The notices inform owners of their property’s taxable value as of January 1, 2022. About 200,000 notices will be postcards showing the 2% increase in value due to Proposition 13.

Economic Development Collaborative (EDC) Business Alert — California Competes Tax Credit and Grant Program

The California Competes Tax Credit (CCTC) is an income tax credit available to businesses that want to locate in California or stay and grow in California. Businesses of any industry, size, or location compete for over $180 million available in tax credits by applying in one of the three application periods each year. Applicants will be analyzed based on twelve different factors of evaluation, including number of full-time jobs being created, amount of investment, and strategic importance to the state or region.

Application Period Timeline: For the remainder of the 2022-2023, applications for the California Competes Tax Credit will be accepted during the following periods:

July 25, 2022 – August 15, 2022
January 3, 2023 – January 23, 2023
March 6, 2023 – March 20, 2023

Economic Development Collaborative (EDC) — Free Webinar Schedule

BUSINESS RESOURCES FOR VETERANS FROM THE SBA

August 2 @ 12:00 pm

Did you know that the U.S. Small Business Administration (SBA) has resources and programs for Veterans and the military community? If you are a transitioning or active-duty service member, National Guard or Reserve member, veteran of any era or military spouse, the SBA is here to help. Through training programs, contracting opportunities and access to capital, the SBA is here to help your business start, grow, expand or recover. You can access the SBA’s Veteran resources through the Southern California Veteran’s Business Outreach Center!

Sponsorships Available for Southeast Ventura County YMCA’s 4th Annual Gala

Sponsorship opportunities are available for the Southeast Ventura County YMCA’s 4th Annual Gala taking place Saturday, September 17 at the Four Seasons Hotel in Westlake Village.

The Southeast Ventura County YMCA is a nonprofit organization dedicated to building positive relationships, impacting lives and strengthening the community through youth development, healthy living programs and social responsibility. It serves the Conejo Valley, Simi Valley, Westlake Village, Oak Park, Agoura Hills and Moorpark.

The funds raised from the evening support YMCA programs including Find My Genius and Safety Around Water. Find My Genius is a five-week achievement gap program for low- and moderate-income students who are not reading at grade level. This program is offered at no cost to participants. Safety Around Water is designed to teach children water safety and basic swimming skills. It is also offered at no cost to participants and is open to the public.

Acosta Wealth Management announces Candice Carrizales has earned a Certified Financial Planning professional certification

Acosta Wealth Management in Oxnard is excited to announce Candice Carrizales has earned the CERTIFIED FINANCIAL PLANNER™ professional certification. Acosta Wealth now has two CFP® professionals on their team, including the firm’s president, Abiel Acosta, CFP®, CBEC®. …

“As a Hispanic woman, I am excited to help individuals in our community expand their financial literacy, build a financial plan and ultimately grow their wealth.” said Carrizales.

Carrizales, an Oxnard native, joined Acosta Wealth Management in July 2020, after spending nearly eight years at GEICO. She received her Certificate in Financial Planning from Benedictine University and her Bachelor of Science degree in Finance from California State University-Northridge.

California Congresswoman Brownley Visits Ventura Port District To Celebrate the Federal Appropriation of Over $5 Million Towards Ventura Harbor Dredging

California Congresswoman Julia Brownley, U.S. representative of California 26th District, recently visited the Ventura Port District to celebrate the federal appropriation of $5,516,000 for the maintenance dredging of Ventura Harbor. This is one of the Congresswoman’s ten Community Funded Projects which was included in the Fiscal Year 2022 Omnibus and was supported by Senators Dianne Feinstein and Alex Padilla. The Community Project Funding supplements the funding made available for the project in the President’s Budget and ensures that the entrance to Ventura Harbor will be well cared for through the next dredging cycle in early 2023. The check was presented to the Chair and Vice-Chair of the Ventura Board of Port Commissioners, Chris Stephens and Michael Blumenberg. 

“Since first being elected to Congress, I have been tireless in my work to secure funding for the dredging and maintenance of Ventura County’s harbors. The dredging of Ventura Harbor is essential to ensuring continued operations of this critical West Coast fishing hub,” stated Congresswoman Brownley.  “The annual funding is vital to ensuring that the harbor’s federally authorized channel remains open to those who rely upon the harbor, including the commercial fishing industry and supply chain businesses.

Museum of Contemporary Art Santa Barbara — An announcement to our community

Dear valued supporters, members, friends, and community partners,

With heavy hearts, we write to inform you that after 47 years of service to the Santa Barbara community the Museum of Contemporary Art Santa Barbara (MCASB) is no longer able to continue operating in its current form.

Since its inception in 1976 as the Contemporary Art Forum, MCASB has been a vital institution dedicated to the examination of the human condition. A safe space, supporting the voices and views of our community members, MCASB has provided a critical platform for the investigation of our pasts and our potential futures. From grassroots gatherings of artists and activists to educational programs created to support previously underserved communities within our county, MCASB has held at its core a person-first approach to service. 

Economic Development Collaborative (EDC) — Free Webinar Schedule

VENTURA COUNTY SCORE: HOW TO RECORD PAYROLL IN QUICKBOOKS ONLINE FROM THIRD PARTY COMPANIES

July 12 @ 10:30 am

This live, interactive webinar session is designed to help you understand the features, functions and benefits of QuickBooks Online for small business owners as well as assist you in implementing accounting best practices to manage your business finance. This webinar will concentrate on steps to properly record payroll transactions that are administered by third party companies like ADP and Paychex. Juliana Ramirez from JR Bookkeeping will live answer your questions related to the subject matter including live demonstrations.

CLICK HERE TO REGISTER

Non-Profit WEV Distributes $225,000 to Entrepreneurial Hispanic and Indigenous Community Members

Women’s Economic Ventures (WEV) on June 29 hosted an Award Ceremony at the Oxnard Performing Arts Center to distribute $225,000 to entrepreneurial Hispanic and Indigenous Ventura County community members. Forty-five Emprendedores program participants, thirty-one women and 14 men, successfully completed WEV’s free, 6-week business training program and applied for grant funding; each received a $5,000 grant award for their small business needs. For more program information, including the upcoming Santa Barbara County cohort enrollment, visit www.wevonline.org/emprendimiento

WEV’s Emprendedores Program, offered in partnership with Mixteco Indigenous Community Organizing Project (MICOP) is funded by the state of California’s Employment Training Panel’s (ETP), Social Entrepreneurs for Economic Development (SEED) initiative and is aimed at empowering marginalized community members who face barriers to employment such as low English proficiency. The program includes group training sessions on topics such as business marketing and finance individualized coaching, and funding tied to a business plan to support individuals in launching or growing their own businesses in Santa Barbara and Ventura counties.

Bilingual report — Assessor completes $162 billion tax roll for property tax year 2022-23

County Assessor Dan Goodwin announced thecertification and delivery of Ventura County’s annual assessment roll on time to Auditor-Controller Jeff Burgh on Thursday, June 30. The Local Roll now contains a record $162.13 billion in assessed value.

While most properties received a modest increase of 2%, which is their maximum set by a 1978 ballot measure known as Prop 13, some properties will see a larger increase due to new sales or new construction.

Economic Development Collaborative (EDC) Free Webinar Schedule

VENTURA COUNTY SCORE: HOW TO INFLUENCE, PERSUADE AND SELL ANYONE

July 6 @ 10:30 am

Have you ever struggled to get someone to accept your ideas or buy your product or service? Well, help is finally on the way, with this breakthrough webinar! In less than an hour you will learn how to convince and sell almost anyone. Suddenly, you’ll have an incredible power to persuade all the people in your life, unlike anything you’ve ever been able to do before. From friends and family members to prospects and clients, you will suddenly be able to enjoy more stress-free, predictable and FUN ways to get people on your side and buying from you… whether it be face-to-face, from your website, from your ads and emails and more! In this webinar for small business owners, top behavioral management specialist James I. Bond will share secrets that will help you grow your business and simplify your life almost immediately.

Museum of Ventura County — We deeply appreciate you

The Museum deeply appreciates these thoughtful gifts of tribute
that sustain the legacy of the Museum’s mission.

The following individuals have chosen to celebrate the legacy of friends and family members through a gift of remembrance or honor in their name to
the Museum of Ventura County.
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Economic Development Collaborative (EDC) — Free Webinar Schedule

SHOWCASING THE INTERNATIONAL SUCCESS OF LGBTQ+ OWNED AND LED BUSINESSES

June 29 @ 11:00 am

The U.S. Commercial Service invites you to register below for the fifth session of their “From Local to Global: Celebrating Diversity” event series. In celebration of Pride Month, the U.S. Commercial Service will feature an interactive discussion of how LGBTQ+ owned & led Southern California-based companies have successfully grown their businesses internationally.

CLICK HERE TO REGISTER

County of Ventura Board of Supervisors Approves $2.7 Billion Balanced Budget for FY 2022-23

The County of Ventura Board of Supervisors has unanimously approved a $2.7 billion balanced budget for the fiscal year 2022-23 at Monday’s budget hearing. The budget focuses on Board priorities, including expanding mental health services, ending homelessness, climate action, and pandemic recovery.

“The budget is the backbone of the County and what we do for the people of this County,” said Chair of the Board of Supervisors Carmen Ramirez. “Our strong financial position allowed us to sustain key services for our community while responding to the pandemic and expanding in needed areas like mental and public health, human services, services for people experiencing homelessness, equity and inclusion, and environmental sustainability.”

EDC’s Economic 411 Labor Market Report

The California Labor Market Information Division (LMID) released its May 2022 report last Friday, Ventura County breaking for the second month in a row our lowest recorded unemployment rate going all the way back to 1990, down from 3.0% in April to 2.7% in May. While both April and May were record-setting, the May number is truly remarkable, the first time in at least 32 years that Ventura County has dropped below three percent. For the May data, click here. 

That noted, you may recall from our prior recent reports that we’ve become less interested in the unemployment rate as an indicator of our economic health, and more focused on the size of our total labor force and the total numbers of employed workers and industry jobs. On each of those fronts we at least moved very moderately in the right direction in May, but not enough to suggest that our local economy is anywhere near fully recovered.

Cal Lutheran Upward Bound gets $3.6M. Largest-ever award will expand college-prep efforts

The U.S. Department of Education awarded California Lutheran University more than $3.6 million to continue and expand its TRIO Traditional Upward Bound services for high school students in Oxnard, Hawthorne and Lawndale.

The five-year grants comprise the largest amount Cal Lutheran has ever received for its program, which for 42 years has been motivating and preparing low-income and potential first-generation college students to continue their education beyond high school.

A $2,138,500 grant will allow the university to serve 89 students a year from Oxnard’s public high schools, and a $1,488,000 award will fund its work with 60 students a year from Hawthorne and Leuzinger high schools in Los Angeles County.

Economic Development Collaborative (EDC) — Free Webinar Schedule

SBA: CELEBRATE PRIDE WITH SBA AND JWBC

June 21 @ 9:30 am PST

Join the SBA North Florida District Office (NFDO) and JWBC as we recognize and celebrate Pride Month, by delivering key information that will benefit future and existing small business owners at no cost! The U.S. Small Business Administration (SBA) network for LGBTQ+ Businesses aims to bring focus on economic empowerment in the LGBTQ+ business community by providing access to SBA’s programs and services and recognizes the importance of greater inclusion at all levels and in all communities. Discussions will include a local business owner from the LGBTQ+ business community and resources available to launch and take your business to the next level through the SBA North Florida District Office, SCORE Jacksonville & JWBC. There will also be resources that support LGBTQ+ communities available to connect with. If you plan on attending this free virtual event, you must register, to save your virtual seat!

CLICK HERE TO REGISTER

10th Annual Ventura County Farm Day Seeks Sponsors

VENTURA — The 10th annual Ventura Farm Day, set for Saturday, November 5, is seeking sponsors. During Farm Day, more than 14 Ventura County farms and agricultural businesses open their doors and invite the public to learn how their food is…

Economic Development Collaborative (EDC) Free Webinar Schedule

VENTURA COUNTY SCORE: QUICKBOOKS ONLINE AND BEST ACCOUNTING PRACTICES: AN OPEN TOPIC INTERACTIVE SESSION

June 14 @ 10:30 am

This live, interactive webinar session is designed to help you understand the features, functions and benefits of QuickBooks Online for small business owners as well as assist you in implementing accounting best practices to manage your business finance. This webinar will concentrate on setting up QuickBooks Online for your business. Juliana Ramirez from JR Bookkeeping will live answer your questions related to the subject matter including live demonstrations.

CLICK HERE TO REGISTER

Friendship Center’s SPRING CAMPAIGN Reminder

Here at Friendship Center, we have stood by our members and really reached out to meet their needs in every way possible, through all the changes and uncertainty of the pandemic. This clear purpose and agility is something we are very proud of as a longstanding nonprofit organization serving vulnerable elders of our Santa Barbara community. It is a great JOY to share that we have restored full time program services, and are embracing our membership in full bloom!

Financial planner launches consultancy to help divorcing couples untangle their finances

As a financial planner and investment advisor for more than 15 years, Kimberly Malesky noticed the same pattern among new clients seeking advice after going through a divorce: They came to her too late.

So Malesky launched Ezharmony Divorce Solutions. Based in Montecito, the company offers tailored financial advice to individuals and couples contemplating divorce or in the midst of a divorce. Her goal is to guide and support her clients through the divorce process, ensuring they understand the financial and emotional implications of their decisions, avoid common money mistakes, and reach a fair divorce settlement.

People’s Self Help Housing — Celebrating NeighborWorks Week 2022

Join us in celebrating NeighborWorks Week! During this time, NeighborWorks organizations around the country celebrate the successes of their local communities and see how we can work together build stronger neighborhoods. By empowering people to achieve their goals – such as make their community safer, find and maintain secure housing, and ensure financial stability – leads to thriving, healthier communities.
 
With the support of NeighborWorks America, People’s Self-Help Housing has helped empower communities throughout the Central Coast by: 
Bringing the stability and wealth-building opportunities of homeownership to 1,200+ households
Serving 5,000+ residents with compassionate property management and supportive services
Providing 200+ dedicated team members with reliable, respecful employment

Housing Trust Fund Ventura County achieves record fundraising at 3rd Annual Compassion Campaign

Housing Trust Fund Ventura County (Housing Trust Fund VC) recently celebrated its 3rd Annual Compassion Campaign at beautiful Maravilla Gardens in Camarillo. Over 175 attendees gathered for a deeply moving interactive experience. Guests were immersed in an unforgettable evening highlighting the interconnectedness of people’s lives and how we are all impacted by the need for more affordable housing. Housing Trust Fund VC achieved a fundraising record high through generous donors, sponsors, and investors, once again highlighting that as a collective community we can work towards achieving housing equity for all in Ventura County.

Attendees received a special message from California Department of Housing and Community Development Director Gustavo Velasquez on the importance of housing policies and agendas, and how when we all work together progress can be made to tackle the affordable housing crisis in California.

Bilingual report — Ventura County awarded highest credit ratings by nation’s top credit rating firms

The nation’s two top credit rating firms – Moody’s Investors Service and Standard & Poor’s, have awarded the County with their highest short term credit ratings.  These ratings enable the County to borrow funds at lower interest rates to fund critical needs, saving substantial taxpayer resources over time.  

“I am most appreciative for this recognition of the County’s ongoing pledge committing ourselves to prudent and conservative fiscal practices by way of policy and culture especially given the challenging years that we have most recently endured due to the pandemic,” said Interim County Executive Officer Dr. Sevet Johnson. “These ratings are a testament to the efforts of the Board of Supervisors as well as the managers and personnel who daily take on the task of ensuring our County is fiscally strong.  Being awarded the highest ratings again demonstrates the culture of our institution and the resiliency of our local taxpayers-both individuals and businesses who have continued to make payments during challenging times resulting in a strong tax base.  The fiscal judiciousness practiced with these public funds allows us to respond with agility to provide needed services to our community appropriately.” 

Museum of Ventura County — Your donation to MVC makes a real difference

he Museum of Ventura County and the Agriculture Museum are poised to move into a new era of exhibits, programs, and education, and we need your support to do so.

As a community, we are in an exciting time, a time when coming together in-person safely is happening again. In the coming weeks and months, your Museums in Ventura and Santa Paula will be presenting compelling new programming and events.
We are proud of the recent impact made during closures and limited openings, and excited about where we are headed, with your help:
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Admission is now FREE at both locations and will continue to be, with your support
Increased focus on enrichment activities for children and families
New exhibits in every gallery at the Ventura location, beginning in May/June
MVC Education Programs now present education tours in-person or virtually
The MVC 3rd campus – venturamuseum.org – will continue to offer new content regularly, including videos, articles, blogs, puzzles, and over a thousand new digitized photos in 2022
Thank you for your support of MVC throughout these trying times. We are counting on you as we enter this next exciting chapter in the life of our region’s pre-eminent cultural institution. It is only through your sustaining generosity that we can continue to provide the relevant, stimulating, thought-provoking, inspiring, and compelling programming that nourishes this community.

Museum of Ventura County — We are deeply grateful for you

The Museum deeply appreciates these thoughtful gifts of tribute
that sustain the legacy of the Museum’s mission.

The following individuals have chosen to celebrate the legacy of friends and family members through a gift of remembrance or honor in their name to
the Museum of Ventura County.

Friendship Center Adult Day Services — Spring Appeal Letter from Executive Director Heidi Holly

The pandemic experience has been a challenge that affected everyone of us, in so many facets. We take this moment to acknowledge both its global, far reaching effects, as well as the very personal impact it has made on our lives.

Ventura County Community Development Corp. — 17 years in a garage and now HOME

It’s easy to get overwhelmed by all of the obstacles that loom ahead of a home purchase and too often we count ourselves out of the possibility of becoming homeowners one day. Yet in 2016, the Torres Family decided that they were going to try. It wasn’t an easy start. Mayra Torres, mom of three, had to resort to gathering coins from their money jar to afford a babysitter while they attended their first Homebuyer Workshop with VCCDC. They started from the very beginning; learning how to budget and starting the slow process of building up their credit score. Last month, after diligently working for almost 6 years (and many many homeownership coaching sessions later), the Torres Family moved out of the garage they had been living in for 17 years and closed on their very own home purchase.

“A week before we closed our purchase, we went to see the house [for our final inspection] and I remember I went to the yard which has fruit trees and I picked up a lemon and I brought the lemon home. When I cut the lemon, it was so emotional because this was a lemon that is mine, I don’t have to buy it at the store. It is so amazing to have a place that you can say is yours.” – Mayra

Pictured: the Torres Family in their new kitchen

The Torres Family will be sharing their journey at this year’s conference. Don’t let the mountain of obstacles stop you from starting your homeownership journey. The dream really can become your reality.

Quinn Fiduciary Services welcomes new fiduciary associate Tamara Skov

Tamara Skov, a former health care executive and non-profit manager has joined local estate management firm Quinn Fiduciary Services as an associate fiduciary.

Skov, a California Licensed Professional Fiduciary, has worked extensively in non-profit management and charitable gift planning, balancing the mission of the non-profit with the needs and interests of donors.

Southeast Ventura County YMCA’s “Find My Genius” Now An After-School Program

For the past four years, the Southeast Ventura County YMCA has been offering its “Find My Genius” enrichment summer program to kids not reading at grade level. It is now conducting a five-week after-school Find My Genius pilot program at five Conejo Valley schools with the goal to expand the free program year-round.

Two hundred Title One, English language learners and foster youth at Acacia, Ladera, Madrona, Maple and Walnut elementary schools began the program on May 2. Young scholars in first through fifth grades spend three hours every school day participating in a curriculum focusing on enrichment activities, physical fitness and social and emotional learning. The children also receive homework support.

“It’s been our dream to offer Find My Genius during the school year,” says Megan Glynn, YMCA’s Chief Development Officer. “This is the first step. Imagine if children had access to assistance for a full year in a fun, nurturing environment? The main roadblock was funding.”

Economic Development Collaborative (EDC) — Economic 411 Labor Market Report

The California Labor Market Information Division (LMID) released its April 2022 report on Friday, showing an extraordinary improvement in the unemployment rate, down all the way from an already unprecedented low of 3.5% in March to 3.0% in April. Though rather than being encouraged by that data, we’re more convinced than ever that the unemployment rate in the COVID recovery era is all but meaningless as an indicator of our regional economic condition.

For the April data, click here. For our commentary on it all, or on why we’ve mostly given up on the unemployment rate as a measure of recovery, please read on.

Economic Development Collaborative (EDC) — Free Webinar Schedule

STARTING YOUR BUSINESS IN LOMPOC

May 26 @ 12:00 pm

Turn your 2022 business goals into a realty! Join the EDC SBDC, the Small Business Development Center serving Santa Barbara County, the City of Lompoc and the Lompoc Valley Chamber of Commerce in this FREE webinar to learn more about starting your business in Lompoc.

CLICK HERE TO REGISTER

Economic Development Collaborative (EDC) — New Retirement Savings Requirement for Small Businesses

Did you know that any employer with at least five California-based employees, at least one of whom is age eighteen, that doesn’t already offer a workplace retirement savings vehicle will be required by state law to do so by June 30, 2022?

Businesses can either begin offering retirement savings through the private market or through CalSavers!

The CalSavers program ensures nearly all Californians have access to a workplace retirement savings program by offering employees a completely voluntary, low cost, portable retirement savings vehicle with professionally managed investments and oversight from a public, transparent board of directors, chaired by the California State Treasurer.

Ventura College Foundation Distributes More Than $750,000 In Scholarships

The Ventura College Foundation presented scholarships to 240 students for the 2022-2023 academic year during its 33rd Annual Scholarship Awards ceremony, May 13, at the Ventura College Athletic Center. There were 446 scholarships awarded, including nine new scholarships, totaling $756,908. Last year’s distribution amount was $652,758.

Scholarships ranged from an average of over $2,400 for continuing students to an average of $4,200 for students who are transferring to four-year universities in the Fall. Many students received multiple scholarships.

SBCC’s Cameron Black receives Cooke Undergraduate Transfer Scholarship

When the Jack Kent Cooke Foundation announced the recipients for its highly competitive Cooke Undergraduate Transfer Scholarship on May 12, 2022, one Santa Barbara City College student appeared on the list: Cameron Black. Cameron, who majored in both psychology and communications, was also an SBCC Associated Student Government (ASG) officer committed to nurturing equity and inclusion within the SBCC community.

“Today, almost half of all college students begin their academic career at a community college,” said Seppy Basili, executive director of the Jack Kent Cooke Foundation. “We know our community colleges are full of high-achieving students, and we’re committed to playing our part to ensure those students succeed. Congratulations to a cohort of students who have persisted in the midst of such unprecedented disruptions in our lives.”

Rotary Club of Montecito Foundation Donates to ShelterBox, Direct Relief

The Rotary Club of Montecito Foundation has donated $10,500 each to two humanitarian relief organizations that are offering direct medical and shelter supplies and support to the people of Ukraine during this time of war and crisis. ShelterBoxUSA and Direct Relief not only respond to times of great need around the entire world, but the groups have also provided comfort and help to the greater Santa Barbara County.

ShelterBox, founded in 2000, has given shelter and other essentials like blankets, cooking sets, and mosquito nets to more than two million people around the world. It has responded to over 300 disasters across 100 countries. Learn more about the organization at www.shelterboxusa.org.

United Way VITA Tax Program Helps Local Residents Receive Over $2.5 Million Back in Refunds

United Way of Santa Barbara County’s (UWSBC) Volunteer Income Tax Assistance Program (VITA) helped local residents receive over $2,678,237 back in refunds this year.

From February 2nd to April 18th, a team of 40 volunteers worked under United Way management at four locations throughout the County, providing free tax filing services to families and individuals making $67,000 or less annually. Locations included: United Way of Santa Barbara County, Immigrant Hope, the Eastside Library, and the Goleta Valley Community Center.

Economic Development Collaborative (EDC) — Free Webinar Schedule

VENTURA COUNTY SCORE: IMPROVE YOUR GOOGLE RANK: BEING FOUND AND CHOSEN ONLINE

May 17 @ 10:30 am

In this workshop, you will learn how to improve your business’s chance of being found in relevant online searches. SCORE will cover the building blocks of bringing exposure to your Google My Business listing and how to leverage the Google local pack ranking algorithm to show up above your competitors online. You won’t want to miss this webinar!

CLICK HERE TO REGISTER