Riverside has been selected to participate in the What Works Cities philanthropic initiative. The program, sponsored by Bloomberg Philanthropies, will help the city use its own data to determine ways to reduce its homeless population, according to a statement. Riverside is one of 58 mid-sized U.S. cities in 33 states …
Read More »Median home prices up in December
More than 20,400 houses and condominiums were sold in Southern California in December, up 4.7 percent month-over-month but down nearly three percent compared with December 2015, according to data released Tuesday. December sales were 15 percent below the December average of 24,067, but there’s an explanation for that seemingly weak …
Read More »How to Avoid an Employee Benefit Plan Audit
But if you can’t, how to get through one By Craig Dart Does your plan need to be audited? Large employee benefit plans (generally defined as plans with greater than 100 participants) and some small plans are required to be audited annually and attach an independent auditors report to the …
Read More »Bank releases year-end data
AltaPacific Bancorp, the parent company of AltaPacific Bank, Tuesday announced a year-to-date income of $4.3 million and earnings-per-share of 74 cents. The company, which is based in Santa Rosa but maintains a strong presence in the Inland Empire, also reported a $1 million income – or 17 cents per share …
Read More »Aldi makes donation
Aldi, the European-based discount supermarket chain that began opening stores in Southern California last year, has donated $100,000 to Boys & Girls Clubs of America, including several chapters in the Inland Empire. The Boys & Girls Club of Menifee, Southwest [Riverside] County, Greater Redlands and Greater Redlands-Riverside all will receive …
Read More »Public asked to conserve natural gas
The Southern California Gas Co. has asked its customers to cut their use of natural gas in order to avoid a shortage of that commodity as well as electricity. The Los Angeles-based company is asking its customers to lower their thermostats to 68 degrees or below, delay the use of …
Read More »