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The Economy
Gavin Newsom unveils revised $97.5 billion California budget surplus
Governor Gavin Newsom unveils a revised State Budget with a surplus of $97.5 billion. This is the biggest surplus that both California and the nation have had.
Newsom proposed $18.1 Billion Inflation Relief Package
A press release from the governor’s office announced that Governor Newsom has proposed a $18.1 Billion inflation relief package.
The COVID-19 emergency relief might be coming to an end this May
With the two-year pause of federal student loan payments potentially coming to an end in May 2022, students are now concerned about what plans are to come for student loan payments and what actions they need to take.
COVID-19 Relief Grant Program set to help microbusinesses
On Monday, Community Action Partnership of Kern (CAPK) announced their partnership with the County of Kern – Employment Training Resource on a grant that is making sure small business owners are included in financial support that’s been offered the last two years.
Arvin City Council approves development of cannabis manufacturing facility
The Arvin City Council unanimously approved last week the development of a cannabis manufacturing facility.
The council approved the development agreement between the City of Arvin, FSBT Holdings, and Jam Realty Holdings, the owner of the property, for the development of a commercial cannabis operation, located on South Derby Street.
Kern County accepting applications for Small Business Forgivable Loan Program
Just a few days after Kern County opened the applications for the Small Business Forgivable Loan Program on Tuesday, some businesses have already begun to receive funding, Ryan Alsop, Kern County’s Chief Administrative Officer, said at a press conference Thursday.