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Government & Politics

Moody’s lowers Fresno sewer enterprise bonds

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Published on 12/11/2012 - 1:59 pm
Written by Business Journal staff

Moody’s downgraded $159.8 million of sewer revenue bonds, dropping Fresno Wastewater Enterprise’s rating from Aa3 to A1. Fresno Wastewater Enterprise’s rating has been downgraded by Moody’s Investors Service as a result of the possibility that the cash-strapped City of Fresno might borrow funds from the sewer system.

Valley counties await PG&E property taxes

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Published on 12/11/2012 - 1:40 pm
Written by Business Journal staff

Pacific Gas & Electric Co.Valley counties will get an expected but welcome boost in revenues when Pacific Gas & Electric Co. makes the first installment of its property tax payments.

State names top tax delinquent businesses

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Published on 12/07/2012 - 1:43 pm
Written by Business Journal staff

The Board of Equalization today announced that the 500 largest delinquent sales and use tax accounts in California add up to $593.7 million and several of them originated in the Central San Joaquin Valley.

Council allows L Street project to go forward

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Published on 12/06/2012 - 5:19 pm
Written by Michael Kincheloe

This lot at the corner of L and San Joaquin streets remains fenced while the legal battle over a townhome development goes on.The Fresno City Council voted unanimously today to allow Granville Homes to take the next step forward in erecting a 28-unit townhome development on L Street.

Sales tax to increase for Valley cities

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Published on 12/06/2012 - 11:05 am
Written by Business Journal staff

The statewide sales and use tax rate will increase 0.25 percent on Jan. 1 following the passage of Proposition 30, the Board of Equalization announced today.

Valadao named to House Appropriations Committee

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Published on 12/06/2012 - 9:00 am
Written by Business Journal staff

David Valadao said that he ran for Congress to help provide solutions for the big problems facing the 21st Congressional district.Congressman-Elect David Valadao has been appointed to the influential House Appropriations Committee.  

West Fresno Social Security office moving downtown

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Published on 12/05/2012 - 11:58 am
Written by Business Journal staff

West Fresno residents who used the Social Security office on C St. will now be served at an office located at 865 Fulton Mall. The Social Security office in West Fresno is moving from its present location to a new home on the Fulton Mall.

Perea sworn in for 2nd term in Assembly

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Published on 12/04/2012 - 11:37 am
Written by Business Journal staff

Assemblymember Henry T. Perea of Fresno, holding daughter Ava, is sworn in Monday on the Assembly floor in Sacramento.Assemblymember Henry T. Perea was sworn in Monday during a ceremony at the Capitol to serve a second term in the state Assembly.

Mayor: Solid waste vote is ‘Important Step Forward’

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Published on 11/30/2012 - 11:55 am
Written by Business Journal staff

“I believe the council majority made the right decision to move the solid waste franchise proposal forward,” Swearengin said.Mayor Ashley Swearengin thanked the Fresno City Council Friday for its action toward awarding a franchise for residential solid waste services, a move that is intended to lower waste collection rates and provide the city with an additional $2.5 million per year.

Council moves forward on waste privatization

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Published on 11/30/2012 - 9:51 am
Written by Michael Kincheloe

Joe Kalpakoff, general manager of Mid Valley Disposal, has said that his company would hire existing city solid waste workers.The Fresno City Council voted to turn the city’s residential solid waste collection over to a private contractor late Thursday night in the latest move to balance the city’s strained budget.