Hildy Carrillo, executive director of the Calexico Chamber of Commerce wrote an op-ed piece today in the Imperial Valley News about the great benefits of the EZ program and urged its continued existence especially in light of the current economic conditions.  The entire piece can be read here.

The Desert Sun reported on Mark Weber move into the Coachella Valley EZ manager.   Mark, who replaces Hal Joseph, seems to have significant expertise that should hopefully give him the tools he needs to lead the zone.  The full article can be read here.

The Monterey County Herald had an article outlining the number of new jobs created through the Salinas Valley EZ.  The full article can be read here.

Three years after Santa Clarita’s enterprise zone went into effect, the business community is pushing to have it expanded to cover more of the valley.

California’s 42 enterprise zones are intended to boost business in disadvantaged areas by providing tax breaks for businesses that hire workers who meet certain criteria, from laid-off workers to veterans, and for specific projects such as business expansions.  Here is the link to the full article.

The National City Chamber of Commerce issued its official stand in favor of California’s Enterprise Zone program.  The complete letter from Pres/CEO Jaqueline Reynoso can be viewed here.

Here’s a piece from the San Bernardino Sun from a few days ago:

Enterprise zone program succeeding

Patrick J. Morris
Posted: 12/21/2009 08:35:27 PM PST

It is no secret this is one of the most challenging budget years for California. It is understandable that a thorough review of the state’s expenditures is taking place.
One such expenditure under review – the California Enterprise Zone Program – is directly tied to the success of many of our small and medium-sized businesses. The changes in policy being discussed could increase the cost of doing business for many local companies and put jobs at risk.

The San Bernardino Valley Enterprise Zone is our local zone in this program. It is a 42-square-mile region that includes the cities of San Bernardino and Colton plus portions of county property, and contains 4,000 businesses. These businesses are eligible for tax credits and business incentives if they meet certain specifications. These incentives not only serve to attract businesses to locate to the zone, but also allow companies to reduce the cost of doing business. This leads to greater and more stable employment in the enterprise zone.

California’s Assembly Committee on Jobs, Economic Development and the Economy is reviewing and considering revisions to the California Enterprise Zone Program statewide, and recently completed a series of pubic hearings in the process.

These hearings, held in San Diego and San Jose, were attended by a number of businesses from enterprise zone areas that shared and identified ways the program is helping to stimulate their local economy and keep their businesses stable.

The Assembly Committee heard them and I hope their testimony will be considered.

Some of the feedback received from businesses in the San Bernardino Valley Enterprise Zone also makes a strong case in support of this zone and its impact to help our local employers continue to thrive and employ residents.

It is difficult to argue with evidence of an employer that is not just surviving, but thriving in this difficult economy.

For example, Brithinee Electric, a manufacturer of industrial electric motors, wind generators and custom motor control centers, has utilized the enterprise zone program for nine years, and as a result, has doubled its work force. The tax credits allowed Brithinee Electric to hire local residents, and the savings produced by the tax credits funded additional technical skills training for these new hires.

According to Tom Lund, director of operations for Isolatek International, a leading manufacturer of passive-fire resistive materials for commercial construction, the enterprise zone was an additional incentive to move to San Bernardino in 2007. The company has filed hiring tax credits and will file for sales and use tax credits on equipment purchased, which will increase their savings. Now in the process of hiring an additional 20 employees, the incentives are helping make the company more competitive and employ more people.

These are two examples of how effectively this program is working in our local economy, and there are many more similar stories.

Unfortunately, not all the businesses located in the zone are taking advantage of these incentives. In an economy like this, no company should be leaving money on the table.

Businesses located in the San Bernardino Valley Enterprise Zone may reduce state income tax by more than $35,000 per qualified employee over a five-year period. Another incentive helps enterprise zone businesses by allowing a tax reduction for property and equipment that is purchased and used within the boundaries of the zone. For our small and medium-sized businesses, these incentives can make a difference between profit and loss.

I urge all businesses located in the enterprise zone to take advantage of these incentives that will reduce their business costs. The process is not complicated and more information can be found at www.sbvez.com.

I also encourage legislators considering revisions to the enterprise zone program to avoid removing any incentives that may increase the cost of doing business for our local employers. This program is helping to sustain our struggling businesses and keeping our residents employed during these challenging times.

Patrick J. Morris is mayor of San Bernardino.

Click here for the original article.

In this economy, everyone is trying to bring in business any way they can. Real estate professionals have been busy touting the EZ benefits to potential buyers. Often, I come across real estate ads touting the EZ benefits for buyers or lessees. Here is a recent video from a Santa Clarita agent.

With the current condition of California’s economy, the EZ program has become more important than ever. With that in mind, the California Chamber of Commerce is recommending local businesses to join a new coalition to protect the Enterprise Zone program.

With the recent budget cuts, the California Entperise Zone program is one of the only remaining vestiges of tax relief for the local business community. The California Chamber of Commerce brought several studies to light in their recent posting, “Several studies have established the EZ program’s effectiveness. Most recently, a March 2009 revision of a national study by University of Southern California researchers concluded that state and federal EZ programs ‘have positive, statistically significant, impacts on local labor markets in terms of the unemployment rate, the poverty rate, the fraction with wage and salary income and employment.’ ”

To have your business added to the coalition, you can contact Kyla Christoffersen at kyla.christoffersen@calchamber.com

To see the article from the California Chamber of Commerce, click here.

Here is Craig Johnson’s recent retort in support of California’s Enterprise Zones. Enjoy the audio.

Dear CAEZ Members & Friends of CAEZ,

In response to the PPIC report, which was making it’s debut in Sacramento today, I appeared on San Francisco radio station KQED this morning along with one of the co-author’s of the study, Jed Kolko. The audio of the show is linked below.

Click for Audio

We will continue to face the slings and arrows of our foes throughout the remainder of the legislative calendar and I urge each of you to be prepared to share the many successes of our program.

Thank you all for your continued support of the program and CAEZ.

CRAIG JOHNSON
President
California Association of Enterprise Zones