Board of Equalization says it’s accepting California IOUs
The state Board of Equalization will accept state-issued registered warrants, or IOUs, as payment of taxes due from certain vendors doing business with California, officials said. The board will accept the warrants as payment of sales and use taxes and other fees owed by businesses that do not receive regular payments from the state until funds are available. If a taxpayer chooses to make a payment due with an IOU issued by the state controller, they must include their IOU as payment with a return by the due date of the return, according to a news release. The warrant must be signed over and/or be payable to the Board of Equalization. Sales and Use Tax and other fee programs administered by the board have returns due by July 31. Information: (800) 400-7115; www.boe.ca.gov.
Housing prices declining at slower rate nationwide
National housing prices fell 9.2 percent in May compared to a year ago, representing the smallest year-over-year decline recorded in 2009 and the lowest since December 2007, according to data from First American CoreLogic and its LoanPerformance Home Price Index. May’s decline was a 0.5 percent improvement over the revised 9.7 percent decline in April.
In the San Bernardino-Ontario-Riverside area, home prices decreased 29.72 percent in May compared to a year ago. In April, the region showed a decrease of 29.62 percent compared to one year prior. California’s price trend continued to improve in May with a decline of 19.8 percent over the previous May. The state’s price trend is currently more than 10 percentage points better than the peak decline of 30.3 percent set in August.
Stater Bros. Markets names vice president of finance
Dave Harris has been appointed vice president of finance for San Bernardino-based Stater Bros. Markets. According to a company news release, Harris will be responsible for directing the day-to-day operations of the company’s financial department and will report to Phil Smith, executive vice president of finance, chief financial officer and chief accounting officer. Harris had been a partner with Soren McAdam Christenson LLP in Redlands since 2005, according to the release. He currently serves on the board of directors of the Children’s Fund and the Inland Empire Economic Partnership. He also is a member of the Inland Empire chapter of Financial Executives International.
Mojave Desert AQMD seeks businesses to do retrofit work
The Mojave Desert Air Quality Management District, based in Victorville, is accepting proposals from area businesses for up to $824,000 in grants for projects to “reduce smog-forming emissions from heavy-duty vehicles and other mobile diesel equipment operated in the High Desert portion of San Bernardino County and Riverside County’s Palo Verde Valley,” according to a district news release. Small on-road fleets, off-road compression-ignited engines, off-road large spark-ignited engines, agricultural irrigation pumps and locomotives are eligible for repower or retrofit through the Carl Moyer Program, according to the release.
Proposals will be accepted until 5 p.m. Oct. 20. Should funding remain available after the deadline, applications will continue to be accepted on a first-come, first-served basis.
Information: (760) 245-1661, ext. 5706; www.mdaqmd.ca.gov.