California budget may just be a short-term fix, after all
California has a budget, but how long will it last? And what will be done about the pension time bomb? Don Facciano of the Ventura County Taxpayers Association believes the legislature will be back considering more cuts in a few months. Others think it may be a mid-year correction. Meanwhile there is the question of Read More →
Brooks teams with film fest
Ojai’s film festival has not rested on the success of last year’s events but has instead spent time making friends with its neighbors in Ventura. The newly named Ojai-Ventura International Film Festival recently announced its partnership with Brooks Institute in Ventura — a collaboration that organizers believe will create more space for moviegoers to watch Read More →
Nonprofits fight to save events
Hearing wedding bells? Not if you’re on agricultural land in San Luis Obispo County. Some of the county’s economic sectors, such as the wedding industry and nonprofits, could receive a lethal blow as officials examine new legislation that would heavily regulate commercial events. The county is considering adopting an events ordinance that would nearly eliminate Read More →
Health care: The small business view
Dear President Obama: You recently sent out an e-mail asking small business owners to comment on health care reform. So, here is what I think. When I started the Pacific Coast Business Times 10 years ago, I made a commitment to paying fair wages and providing quality health care for all full-time employees. I have Read More →
Commercial vacancies on rise, but still below U.S. average
In its latest quarter report, Hayes Commercial Group said the overall vacancy rate now exceeds 5 percent in South County. That number stacks up favorably when compared to national rates, but is up 25 percent since the beginning of the year. The report showed that the number of lease transactions is up on an annualized Read More →
Foreclosure plague hits beach projects
In a sign that Ventura County’s residential real estate market may be nearing a bottom, a $37.5 million, 150-home development in Port Hueneme faces foreclosure and an Oxnard developer trying to launch a handful of condominium projects has filed for bankruptcy with $19.5 million in debt. In both cases, the loans go back to 2006 and Read More →
