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The Leading Voice of Business in Orange County |
Tuesday, August 4, 2009
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THIRD STATE BUDGET IN NINE MONTHS: HOW WILL CUTS AFFECT YOU?
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The
independent Legislative Analyst's
Office (LAO) has released its analysis of the 2009-10 State
Budget signed into law
last week by Governor Schwarzenegger. But the success of this budget
depends on the accuracy of economic projections,
which have not
been good so far. The likelihood is strong that California will face an additional shortfall
and state leaders will be back at the table again in just a few months. In the
meantime, local government and education will feel the impacts. OC Superintendent of Schools Bill Habermehl
reports that Orange County received $300 million in federal
economic stimulus funding but the State has cut $500 million! That's over $800
per student. Around 3,500 OC education professionals may be impacted by these cuts.
As noted by the
LAO, the
budget affects local
government revenues--OC cities and county--most
notably through Prop 1A
suspensions, redevelopment agency
fund shifts,
mandates and Williamson Act Program suspension. View LAO's full report here. See how the budget affects your county and your city here. For more information, contact Alicia Berhow.
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NEW MAN IN TOWN: KEMPTON STARTS AS OCTA'S NEW CHIEF
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The wait for OCTA's new CEO is over. OCTA welcomed the
arrival of former Caltrans Director Will Kempton for his first day on the job yesterday
morning at OCTA headquarters.
Kempton brings to OCTA a broad understanding of transportation programs and
policies from
his experience that
spans the ranks
of government from local to the federal level. Setting the
tone as a model public transportation employee, he plans to
take an OCTA bus from his temporary residence in Anaheim to work every day. During his first week, Mr. Kempton will be meeting with OCBC's OCMoves Steering Committee and directors for an exclusive high-level roundtable discussion on Friday, August 7. The Business Council looks forward to working closely with Mr. Kempton to enhance the county's infrastructure and long-term economic vitality of the region. For more information, contact Alicia Berhow. |
UNIQUE
BUSINESS TOOLS TO
GET THROUGH TOUGH TIMES
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COMPANIES' INCENTIVES, RESOURCES AND TOOLS LOOK TO
SAVE OC BUSINESSES MONEY
Last week, OCBC's Economic Development Committee welcomed a presentation
of economic development tools from Project Manager Tod Sword of Southern California Edison (SCE). Through its Economic Development Services (EDS), SCE's goal is to support the
regional economy, job
retention, job growth, and lower
electricity
rates. Cool
resources include a GIS
web-based toolset and economic impact analysis--so a
business or city can calculate benefits to the local
economy. Looking
ahead, SCE's GIS toolset will include an industrial building and site database,
customized demographic reports and industry cluster mapping to retain, expand
and attract businesses in Orange County.
In
addition, the
Business
Council is partnering with SCE's Regional Economic Development (RED) Team to
secure regulatory relief to help retain
employers and jobs. This RED Team scored a
major victory this past week to assist a major high-tech
manufacturer, currently employing over 600 employees. For more information, contact Dr. Wallace Walrod.
Does your business have any programs or resources working to assist business and economic development within the county? Do you know of a company at risk in this tough economy? Tell us about it! |
OCBC
LEADS THE WAY FOR AWARENESS
ON STATE WATER ISSUES
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 OCBC's Lucy Dunn will join fellow business leaders August 21 for the Assembly Select Committee hearing on regional approaches to addressing the state's water crisis. Chaired by Orange County's own Assembly member Jose Solorio (D-69), the hearing will include three panels:
- Best Practices in Conservation
- Regional Solutions to Delivering New Sources of Drinkable Water
- Suggestions to Solve the State's Water Crisis
- Click here for the full hearing agenda.
The Business Council continues to be at the forefront of leadership efforts to improve necessary water resources to ensure the county's economic vitality and quality of life. OCBC recently co-authored a letter to state legislative leaders and the
Government seeking fair representation from Southern
California in statewide water appointments. Click here to read the letter. For more information, contact Lucy Dunn.
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OC LEADING THE WAY: CONNECTING THE DOTS BETWEEN BUSINESS AND EDUCATION
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OCBC STAFFER, ALICIA BERHOW, REPORTS ON EDUCATION CONFERENCE IN VIRGINIA
Last
month, Sue Neuen of the California Science Center,
invited OCBC to participate and lend the
voice of business, by sending a representative to the National Science
Resources Center Conference in Alexandria,
VA.
My
position as Director of Workforce Development for OCBC, gave me the opportunity
to join Buena Park Junior High, along with schools from
across the country, to assist in the process of creating a strategic plan to
incorporate strong, all-inclusive science programs in our schools. This
particular conference prepared our team to develop and implement a five-year
strategic plan to prepare Orange
County students for the
technology-based jobs of tomorrow in an increasingly global economy.
The
theme of the conference was, "meeting the challenge of science
education in a high-stakes environment." Given that the United States faces international competition
from China and India, it is
crucial that schools have the opportunity to expand their programs, seek
support from their communities and from business... [Read more] For more information, contact Alicia Berhow.
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2,300 JOBS TO STAY IN OC -- VERIZON WIRELESS RENEWS MAJOR LEASE
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The Irvine Company
announced last week that Verizon Wireless has
renewed its 10-year lease for its West Area and Southern California
Region headquarters - a 30-acre campus in Irvine Spectrum.
OCBC's Lucy Dunn called the Verizon Wireless lease renewal "fantastic
news" for Orange County's job market and economy. "Verizon Wireless'
decision to renew means more than 2,300 jobs will remain in Orange
County. At a time when unemployment is still rising, we're
thrilled that California and the county will continue to benefit from
the presence of this innovative industry leader." [Read more] See coverage in the OC Metro | OC Register | Orange County Business Journal
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INAUGURAL OCBC NIGHT AT THE FAIR SETS THE BAR FOR YEARS TO COME
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 If you missed the Business Council's first annual "OCBC Night at the Fair," you missed out! OCBC's first family night was filled with great music, great company and great fried food. Very special thanks to event sponsor Rutan & Tucker for their gracious support, and to the OC Super Fair and their board of directors for providing such an amazing venue.
Stay tuned for pictures from the event coming soon! We look forward to seeing you and your families next year at "OCBC Night at the Fair."
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OCBC TEES OFF FORE A GREAT CAUSE -- GOLF TOURNAMENT ALMOST SOLD OUT!
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 ONLY ONE FOURSOME REMAINS, DON'T MISS YOUR CHANCE TO PLAY!
The Business Council and The UC Irvine Paul Merage School of Business team up tomorrow at Monarch Beach Golf Links for the 2009 Executive Invitational Golf Tournament presented by Kaiser Permanente. This high level invitational supports workforce development programs impacting every stage of learning from kindergarten to higher education, to ensure your business will have the skilled workers it needs for tomorrow. Proceeds from the tournament will directly benefit OCBC's Latino Educational Attainment (LEA) initiative and the UC Irvine Paul Merage School of Business Scholarship fund.
Learn more about the event here, or contact Michelle Hart at 949.794.7219 to secure the last spot!
OCBC's LEA program was developed to
help fill the gaps left by education by assisting Latino parents on how
to advocate for their children and to spark the importance of education
in Latino neighborhoods.
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EIGHTH ANNUAL MOBILITY 21 REGIONAL TRANSPORTATION SUMMIT SET
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 Save the date for the eighth annual Mobility 21 Regional Transportation Summit scheduled for September 21 in Los Angeles. Mobility
21 brings together public, business and community stakeholders to
pursue regional solutions to the transportation challenges facing Southern California. A
nonpartisan alliance, Mobility 21 delivers a unified voice for the
region's transportation priorities and seeks to improve mobility in the
region. The summit serves as a catalyst for building consensus and collaboration among area transportation leaders. Click here for more info and to register. Click here for sponsorship opportunities.
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OCBC MEMBER OFFER OF THE MONTH: EMPLOYEE DISCOUNT ON TOSHIBA PRODUCTS
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 We know it's tough out there! That's why every month OCBC will offer its members discounted offers from our Affinity Program. Now, OCBC members will receive Toshiba's employee discount on laptops, televisions, accessories and more! Find the
latest in portable PC technology for home and office, as well as a
growing number of DVD and other consumer products from one of the
world's leading technology companies.
Visit www.store.toshiba.com/ocbc-aff to see all the available Toshiba products and technologies, as well as current special offers and promotions.
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UPCOMING OCBC EVENTS
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Executive Invitational Golf
Tournament:
In Partnership with UC
Irvine
Wednesday, August 5, 2009 |
Shotgun start at noon | Monarch Beach Golf Links
Chairman's Leadership
Breakfast:
Greg Spierkel, CEO,
Ingram Micro
Thursday, September
10, 2009 | 7:30 - 9:30 a.m. | Center Club, Costa Mesa
Workforce Development
Conference:
Sherry Lansing, former
CEO, Paramount Pictures
Thursday,
October 15, 2009 | 11:30 a.m. - 1:30 p.m. | Hyatt Regency
Irvine
Economic Forecast Conference:
Richard Davis, CEO, US
Bank
Tuesday, October 27, 2009 |
11:30 a.m. - 1:30 a.m. | Hyatt Regency Irvine
Click here fore event details and
registration! |
COMMITTEE MEETINGS
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August 2009
Latino Educational Attainment
Friday, August 7, 2009 from 9 - 10:30 a.m.
Infrastructure
Tuesday, August 11, 2009 from 7:30 - 9 a.m.
Workforce Development
Wednesday, August 19, 2009 from 7:30 - 9 a.m.
Committee meetings are open to
OCBC members and invited guests only. All committee meetings are held
at the OCBC offices unless otherwise specified. For more information on
upcoming committee meetings for 2009 check out OCBC's Committees.
Looking to get more involved?
Click below to receive specific committee notices.
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| COMMUNITY EVENTS |
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IBM Presents: Thriving in Today's Economy - Thursday, August 6, 2009
IBM Chief Economist, Dr. Phil Swan, who has
responsibility for developing and interpreting the global economic outlook and
its risks, including the implications for the rapidly evolving information
technology industry. Will be discussing
the state of the economy, recovery aspects, the impact of policies and how you
can move your business forward in today's challenging times. Please RSVP to pokilw@us.ibm.com, 818.539.3584or click here for more information.
Save the Date: September 3. 2009
UCI Law School Presents "Rescues, Reforms & Recovery Threats and Opportunities for Businesses"
Join UC Irvine's School of Law and Manatt, Phelps and Phillips for an executive briefing that will shed light on the policy issues affecting Southern California . This program will explore the immediate and long-term prospects for, and ramifications of, the evolving federal policy stimulus in finance, healthcare and energy. Experts representing government, the private sector and academia will share their perspectives and insights regarding the likely effects of the changes in federal policy, presented in a series of panels and discussion forums. Click here for event flyer andetails.
Filipino
American Chamber of Commerce of Orange County - Business Opportunity
DayThe Orange County Chapter of the Filipino American Chamber of
Commerce is proud to present A Twenty First Century Business Opportunity Day.
Save the date: Thursday, September 17, 2009. Highlights will include updates on
the Obama health reform, panel discussion on preserving the eco-systems, tax
incentives for starting green businesses and more. For event information
and registration, please visit www.faccoc.org2009
Komen
Orange County Race for the Cure -
Sunday, September 27, 2009The
Susan G. Komen Race for the CureŽ is an important community event bringing
women, men, families and teams from corporations, businesses and friends
together to celebrate breast cancer survivors and remember those who have lost
their battle with the disease. The beautiful Newport
Beach route is a 5K run and walk
and draws more than 25,000 people each year. The early run/walk steps off at
7:30 a.m.; survivor tribute at 9:00 a.m. and the second run/walk starts at 9:45
a.m. Pre-registration is strongly encouraged. To register and for more
information visit: www.komenoc.org. 75% of funds raised will
provide breast health services in Orange County and 25% will go to breast cancer
research. All registered participants receive a Race for the Cure shirt; breast
cancer survivors receive a special pink Race shirt.
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IS IT NEWS TO YOU? THEN IT'S NEWS WE CAN USE!
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Have an event coming up? Was your company just
highlighted in the news? Are you doing something great in Orange
County? The Business Council wants to know about it. Now OCBC members can submit news stories for OCBC's E-Update Indicator
Newsletter.
Click here and fill out the submission form for one of Orange County's premier business news source. Not a member? Click here for more information on how to get involved and join the leading voice of business in Orange County.
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SPREAD THE WORD! IMPACT THE WORLD! FORWARD YOUR COPY TO ASSOCIATES!
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Forward OCBC's E-Indicator to friends and colleagues by clicking on the "Forward Email" link at the bottom of the email and encourage them to sign up for one of Orange County's premier business publications!
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BUSINESS MEETS SOCIAL MEDIA
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 Do you tweet? Have a Facebook page or surf YouTube? Then follow the latest news
and information from OCBC online! The leading voice of business is connecting
you to business in Orange County like never before.
If you
have questions on how to get connected with the Business Council online, please
contact Director of Communications, Matt Prince at 949.794.7221. | |
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2 Park Plaza, Suite 100, Irvine CA 92614 | www.ocbc.org | PH: 949.476.2242 | FAX: 949.476.9240 | |
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