article thumbnail

California is Rolling in Dough

Buisness Facilities Contributed Content

State legislators now are busy arguing over how to spend a budget surplus estimated at up to $4.4 Jerry Brown–who wielded his budget-cutting sword like a Samurai warrior during the darkest days–is firmly in the rainy-day fund camp. Southeast Utah Wisconsin budget surplus california san quentin' Far West U.S.

article thumbnail

Black Gold Rush

Buisness Facilities Contributed Content

The Bakken oil boom has filled North Dakota’s fiscal coffers to overflow, with annual surpluses a given in the state budget. The housing market collapse devastated the Golden State at the same time it faced a fiscal reckoning brought on by decades of piling up long-term debt. Last year, CA Gov.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Crystal Ball 2014

Business Facilities

– “Rounding error” in Paul Ryan-Patty Murray federal budget deal adds $2 trillion to national debt. – CA Gov. . – CA Gov. . – Olympic figure-skating judges arrested, accused of violating Russian anti-gay laws after Russian skaters fail to win medals. 1 on NY Times bestseller list.

article thumbnail

Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

home and bring 200 high-quality jobs to Middle Tennessee,” Lee said, when Mitsubishi Motors North America officials announced the automaker will relocate its headquarters to Franklin, TN from Cypress, CA. CA STILL THE SOLAR KING, NC NO. Mitsubishi Motors’ move represents an investment of $18 million in Williamson County. installed 10.6

article thumbnail

LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

Buisness Facilities Contributed Content

The nation’s largest state has been painfully taking its fiscal medicine in huge dollops during the past four years, in the form of deep budget cuts and huge tax increases. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. The program ends December 2016. Employers make decisions about their own training programs.

Income 75