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With funds and new CEO, Neighborhood Clinics turn the corner

By   /  Thursday, November 21st, 2013  /  Health Care & Life Science, Nonprofits, South Coast, Top Stories, Tri-County Economy  /  Comments Off on With funds and new CEO, Neighborhood Clinics turn the corner

The struggling Santa Barbara Neighborhood Clinics nonprofit is narrowing its funding gap and has a strategic plan and new permanent CEO in place, putting it on track to become financially sustainable at a time when it looks to expand service to Goleta.

“Six months ago, we were in danger of closing our doors,” said Mark Palmer, president of the board.

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Ratings agencies unfazed as county pension costs rise

By   /  Friday, October 25th, 2013  /  Banking & Finance, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Ratings agencies unfazed as county pension costs rise

Despite dire warnings that future pension costs could cause a fiscal meltdown for tri-county governments, credit ratings for Santa Barbara, Ventura and San Luis Obispo county bonds remain mostly unaffected by looming gaps in their retirement obligation funding.

Standard & Poor’s, a leading rating agency, ranks all three counties near the top of a scale that spans from its highest AAA to C, the lowest rating a bond can have without defaulting. Santa Barbara County carries the agency’s second highest AA-plus designation. Ventura County is assigned a slightly lower AA-rating this year and SLO County is ranked AA-minus.

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Defense furloughs ripple across region’s bases

By   /  Friday, July 19th, 2013  /  Top Stories, Tri-County Economy  /  Comments Off on Defense furloughs ripple across region’s bases

More than 6,100 civilian Department of Defense employees in the Tri-Counties have started taking one-day-a-week unpaid furloughs between now and the end of September. But economic experts expect the immediate impact to be minimal. Any deep effects on the regional economy aren’t likely to emerge unless and until families begin to feel their net worth Read More →

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Nursing clinics back to health: SBNC redraws business model in fiscal emergency

By   /  Friday, May 31st, 2013  /  Features, Health Care & Life Science, Nonprofits, Tri-County Economy  /  Comments Off on Nursing clinics back to health: SBNC redraws business model in fiscal emergency

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Closing the gap between the Tri-Counties’ haves and have nots

By   /  Friday, March 29th, 2013  /  Columns, Opinion  /  Comments Off on Closing the gap between the Tri-Counties’ haves and have nots

How choppy and tough is the recovery in our region? Recent unemployment data from Santa Barbara County underscored the “haves and have nots” phenomenon that underpins a society that is segregated into tourism centers with uber-rich residents and agricultural cities where the poor people who service the tourists and the rich folks reside. Consider that Read More →

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Editorial: Tri-Counties residents cast their ballots for tourism, quality of life

By   /  Friday, November 9th, 2012  /  Editorials, Opinion  /  Comments Off on Editorial: Tri-Counties residents cast their ballots for tourism, quality of life

The Nov. 6 election may have told us who will hold office for the next few years, but it hasn’t resolved some of the sharp divisions in the electorate.

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Tri-county bankruptcies are on the decline

By   /  Friday, October 5th, 2012  /  Banking & Finance, Law & Goverment, Top Stories, Tri-County Economy  /  Comments Off on Tri-county bankruptcies are on the decline

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