The Leading Voice of Business in Orange County                                                                                   Tuesday, September 20, 2016


OCBC'S LEGISLATIVE SCORECARD IS RELEASED! OCBC took positions and advocated on behalf of several state bills that impacted the business community throughout California's most recent legislative sessionFor the second year in a row, Senator Huff best represented the business community's key interests with a voting record of 96.4 percent on critical bills making him OCBC's Legislator of the Year. "OCBC is proud of the continued partnership with Senator Bob Huff," said Lucy Dunn, OCBC President and CEO. "His leadership on efforts advancing education standards and opportunities, and improving mobility for Orange County residents is critical to the prosperous development of this region and state." CLICK HERE to read more, and CLICK HERE for the full scorecard to see how the rest of the delegation ranked. For more information, contact Bryan Starr, Senior Vice President, Government Affairs.
MAKE YOUR VOTE COUNT! OCBC ENDORSES THESE CANDIDATES FOR NOV. 8 ELECTION

OCBC works to ensure the Orange County voice of business is heard at the regional, state and national levels. OCBC endorses the following candidates for election November 8, 2016.
  • Joe Carchio for Huntington Beach City Council
  • Ross Chun for Aliso Viejo City Council
  • Dr. Kimberly Ho for Westminster City Council
  • Steve Lodge for Anaheim City Council
  • Alan Mansoor for Costa Mesa City Council
  • Steve Mensinger for Costa Mesa City Council 
  • Mike Munzing for Aliso Viejo City Council
  • Tim Jemal, South OC Community College District Trustee
  • Mary Aileen Matheis for IRWD Board of Directors
  • John Withers for IRWD Board of Directors
CLICK HERE to view the full list of OCBC's endorsements. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
STATE CONTROLLER BETTY YEE: INCOME TAX MAY BOOST CA ECONOMY, BUT UNRELIABLE
OCBC's Government Affairs committee welcomed State Controller Betty Yee September 9 for an update on the state's economy, fiscal health and comprehensive tax reform. A recent report from the Controller's office shows that after four months of missed budget projections, California's August revenues of $8.56 billion outpaced expectations by $425.2 million, or 5.2 percent. This is based largely on the strength of personal income tax receipts, which came in $373.4 million higher than predicted in the 2016-2017 state budget. While the uptick is good news, because of California's outdated tax structure revenues fluctuate greatly from month to month and Yee predicts some degree of economic plateau in the following months. The Controller's office also recently released a report on the need to address the state's outdated, unfair and unreliable tax structure that relies heavily on personal income tax revenue and if not addressed will make it difficult to weather another economic downturn. Additionally, Yee discussed the recent return of theState Controller's Property Tax Postponement Program after being suspended by the Legislature in 2009. The program allows homeowners who are seniors, are blind, or have a disability to defer current-year property taxes on their principal residence if they meet certain criteria including 40 percent equity in the home and an annual household income of $35,500 or less. CLICK HERE to read more on the program. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs.
OCBC JOINS BUSINESS, COMMUNITY LEADERS URGING LEGISLATORS TO ADDRESS CA TRANSPORTATION 
As the 2015-2016 Biennial Session of the Legislature has come and gone, lawmakers have yet to respond to one of the state's most important issues, California's transportation fiscal crisis. For the past two legislative sessions, transportation advocates, stakeholders and the general public have worked to find a solution to this crisis and each year the problem has gone unsolved. Everyone in California seems to recognize that our transportation system is in serious condition, with the average Californian paying more than $2,5000 a year in increased vehicle repair expenses from driving on bad roads. On September 14, a coalition of business and community leaders sent a letter to several prominent legislators including Sen. Kevin De Leon, President pro Tempore, CA State Senate; Sen. Jean Fuller, Republican Leader, CA State Senate; Assm. Anthony Rendon, Speaker, CA State Assembly; and Gov. Jerry Brown urging them to take action to address the state's transportation infrastructure. CLICK HERE to see the letter. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
VOTERS FACE A TOUGH NOV. BALLOT, BUT BRYAN STARR WILL WALK YOU THROUGH IT - SEPT. 23
There are several statewide propositions on the November ballot that will likely impact your bottom line. From school bonds to cigarette taxes, hospital fees to plastic bag bans, there are many issues affecting taxpayers this Novembers. Bryan Starr, Sr. Vice President, OCBC, will walk through these measure and detail their potential impact on business and the local economy at the next South Orange County Economic Coalition Meeting 7:15 a.m. to 9:00 a.m. Friday, September 23 at the Orange County Association of REALTORS in Laguna Hills. CLICK HERE for more information and RSVP.  For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
CA ECONOMY SEES THE STRONGEST GROWTH IN U.S. 
Despite the U.S. economic output slowing over the last three quarters averaging less than a 1 percent pace of growth compared to 3 percent in previous six quarters, the California economy remains one of the fastest growing economies in the nation, according to a recent CalChamber report. The US slowdown is a result of external sources, the global commodity glut, the slowing of the Chinese economy, and political turmoil in the Middle East and Europe. California's unemployment rate in July was 5.4 percent -- above the national average. California's output growth has also been higher than the national average, with the state's gross product growing 3.1 percent from 2015 to 2016. However, there have been signs of slowing job growth related to trade and investment as the state lost manufacturing jobs over the last year. Unfortunately, California's housing crisis will likely make it harder to continue to attract such workers as the median cost of a home reaches $400,000. CLICK HERE to read the full report. For more information, contact Dr. Wallace Walrod, Chief Economic Adviser, OCBC. 
COASTAL COMMISION DENIES NEW HOMES AND HABITAT AT BANNING RANCH
After a 13-hour meeting on September 7, the California Coastal Commission cast a 9-1 vote against the largest coastal development currently underway in Orange County - Banning Ranch.  Banning Ranch spans 401 acres stretching from near the Santa River to Pacific Coast Highway, blocks from the beach in West Newport Beach, and touches Costa Mesa and Newport Beach to the east. In addition to building 895 homes, the developer also had plans to spend $55 million to restore much of the remainder of the land as a public park.  However, those plans are at a standstill. Developers, Newport Banning Ranch, can resubmit another set of different plans to the commission in six months. OCBC urges the Coastal Commission to reconsider the many benefits of the new homes to help relieve OC's already stressed housing market that Newport Banning Ranch plans to provide, as well as the as well as the protecting environmentally sensitive land - much of which has been ravaged by oil drilling. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
STEVE PONTELL: HOUSING AFFORDABILITY REQUIRES TURNING NIMBYS INTO YIMBYS

Much is being said these days about housing affordability - particularly here in the Golden State - and with good reason. Rents in California are 50 percent above the national average. The cost of a new home is 2.5 times what it is elsewhere in the U.S. And the chances of being "house poor" are significantly higher here than in any other state in the country. How did we put ourselves in this position? As you can imagine, there is no one answer, but at or near the top of the list is a political and regulatory environment at the community level that increasingly treats new housing as a liability rather than the asset that it is. CLICK HERE  to read more. 
CONGRATS ON GROUNDBREAKING OF ADVANCED TECH AND EDUCATION PARK
Congratulations to South Orange County Community College District (SOCCCD) on breaking ground on the first building at the Advanced Technology and Education Park (ATEP) which will host career technical programs for Irvine Valley College. Officials from the college district, Irvine Valley College, Saddleback College, City of Tustin and Tustin Unified School District, architects, and project consultants celebrated the long-awaited launch which marks the first of many buildings planned for the site after five years of diligent site development work to get the land shovel-ready. OCBC Board Member and Irvine Valley College President Glenn Roquemore welcomed the crowd, laying out a vision for a career technical education center that will set a new national standard for how employers work with higher education partners. For more information, contact Alicia Berhow, Vice President, Workforce Development and Advocacy. 


SOUTHWEST AIRLINES TO KEYNOTE OCBC'S 2016 WORKFORCE DEVELOPMENT CONFERENCE - OCT. 11
Join OCBC and the OC Development Board for the 2016 Workforce Development Conference, presented by Union Bank, at Hotel Irvine. The conference is an annual event featuring the unveiling of the Orange County Workforce Development Report, which is a comprehensive analysis of Orange County's economic and labor force trends, presented by Dr. Wallace Walrod, Chief Economic Advisor to OCBC. The conference will also feature a keynote speaker from Southwest Airlines.
WHEN:  11:00 a.m. to 1:30 p.m.  I   Tuesday, October 11, 2016 
WHERE: Hotel Irvine I  17900 Jamboree Rd.  SPONSORSHIPS:  $2,500  I  $5,000
For more information, contact Sabra Ritter, Director of Events. 


JWA DIRECTOR TO BE FEATURED AT CHAIRMAN'S LEADERSHIP BREAKFAST OF 2016 - OCT. 18
Join Orange County Business Council for a Chairman's Leadership Breakfast featuring Barry Rondinella, Airport Director, John Wayne Airport, presented by AT&T and Wells Fargo. Rondinella is a licensed commercial pilot, U.S. Air Force veteran and leader of Orange County's International Airport. Don't miss out on this opportunity to hear from one of Southern California's leading executives, interviewed by Tom Phelps, Chair of OCBC's CEO Leadership Caucus! For more information, contact Sabra Ritter, Director of Events. 

WHEN: Registration - 7:15 a.m. Program - 8 a.m. a.m.  I  Tuesday, October 18, 2016 
WHERE: The Center Club  I  650 Town Center Drive
  
For more information, contact Sabra Ritter, Director of Events, at sritter@ocbc.org. 
DON'T MISS OCBC/CSUF 22nd ANNUAL ECONOMIC FORECAST CONFERENCE - NOV. 2
This WILL sell out! Join OCBC and Cal State Fullerton for the 22nd Annual Economic Forecast Conference on Wednesday, November 2, 2016 at Hotel Irvine. The event will explore the theme "World at a Crossroads: Navigating Risks in Pursuit of an Ideal Climate." The event will feature a keynote from Richard Davis, Chairman, President and CEO, US Bancorp; as well as the outstanding economic forecast from Dr. Anil Puri, Provost and Vice President of Academic Affairs, CSUF, and Dr. Mira Farka, Center for Economic Analysis and Forecasting, CSUF. 

WHEN: Registration - 11 a.m. Program - 11:30 a.m.  I  Wednesday, November 2, 2016 
WHERE: Hotel Irvine  I  17900 Jamboree Rd. Irvine, CA 

LUCY DUNN HONORED BY GIRL SCOUTS OF OC - NOV. 4
Girl Scouts of Orange County has announced its roster of 2016 Celebrate Leadership honorees, which includes OCBC's Lucy Dunn, President and CEO. Recognized for her championship of Girl Scouting and her tremendous contributions to the greater Orange County community, Lucy is among seven extraordinary local female leaders to be recognized at the organization's Seventh Annual Celebrate Leadership event on Friday, November 4, 2016 at the Island Hotel in Newport Beach.  Each honoree will be paired with a current Girl Scout, providing the leaders of tomorrow with an opportunity to connect with leaders of today. CLICK HERE to learn more about how to join us in celebrating Lucy and other Orange County female leaders. 
MEMBERS IN THE NEWS
COMMUNITY EVENTS    
UCI Cycle for Cures Executive Breakfast - Thursday, September 22
You are cordially invited to attend the Cycle for Cures Executive Breakfast from 7 to 9 a.m. Thursday, September 22 at Diamond Club Angel Stadium. Attendees with here from Dennis Kuhl, Chairman, Angels Baseball, and Dr. Richard Van Etten, Director, Chao Family Comprehensive Cancer Research Center. CLICK HERE for more information. 

Tiny House Tour and Workshop - Thursday, September 22
Meet the Lunsford family! They are touring the U.S. and teaching REALTORS about the value of a high performance tiny house. Join OCAR from 11:30 a.m. .to 1:30 p.m. tnad 3:30 p.m. to 5:30 p.m. on Thursday, September 22, 2016. Tours are first come, first serve. Workshops for REALTORS are also available. CLICK HERE for more information.  

A Special Briefing on Anaheim Resort District - Thursday, September 29
Join S.O.A.R. Pac for wine, beer, and appetizers to receive a special briefing from community leaders on the billions of dollars that will be invested in our community in the coming years from 5:30 to 7:30 p.m. Thursday, September 29 at The Catch in Anaheim. The cost is $100 per person. CLICK HERE for more information. 

Get Moving Public Forum - Wednesday, October 5
Don't miss a public forum on transportation solutions and to give community feedback about transportation in Orange County from 5 to 5:30 p.m. Wednesday, October 5 at St. Andrews By the Sea in San Clemente. CLICK HERE for more information. 

Export Compliance Training Program -October 5 to November 9
Register today for an Export Compliance Training six-week program from October 5 to November 9. You'll receive information on jurisdiction and classification, due diligence and documentation, and much more. The workshops are from 8 a.m. to 11 a.m. at the Digital Media Center in Santa Ana. CLICK HERE for more information. 

Opening Doors and Minds Manufacturing Day - Friday, October 7
Join the local Manufacturing Extension Partnership Center for Manufacturing Day, which addresses misconceptions about the manufacturing industry and allow students to connect with manufacturers. Sign up today so that your organization can be recognized! CLICK HERE for more information. 

The Cost of Not Housing - Tuesday, October 11, 2016
Save the date for California Housing Summit "The Cost of Not Housing" from 8 a.m. to 3 p.m. Tuesday, October 11 at LA Hotel. There is a chronic shortage of housing throughout California and major institutions, employers, and startups cite lack of housing options as a serious impediment to recruiting and retaining talent. CLICK HERE for more info. 

Higher Education Summit in Orange County - Monday, October 17
Mark your calendar for a roundtable with UC President Janet Napolitano, CSU Chancellor Tim White, Eloy Oakley, incoming Chancellor Calfornia Community Colleges, and Interim California Community Colleges Chancellor Erik Skinner. They will discuss the challenge of increasing opportunities for California residents, the role of out of state students and meeting the demand for a skilled workforce. The event begins at 6 p.m. at California Coalition for Public Higher Education. CLICK HERE for more info.  
Mobility 21 Closing Session Summit - Friday, October 21
Join the Mobility 21 Board of Directors for the summit highlighting "Eyeing LA's Olympic Bid: Accelerating Infrastructure in SoCal, moderated by Doug Arnot, Broadstone Group. CLICK HERE to register for the event. CLICK HERE to sponsor the summit. 

Super Heroes Guild Haunted Halloween Costume Party - Saturday, October 22
Become a gild sponsor member and attend the upcoming costume party from 6 to 11 p.m. at the OC Fair and Event Center to benefit the development of Heroes Hall veterans' memorial. The costume party features dinner, wine, dancing, a silent auction, and costume contest to raise money for the memorial. To learn more about how to donate to Heroes Hall, CLICK HERE.
UPCOMING OCBC COMMITTEE MEETINGS: SEPTEMBER
POSTPONED: Workforce Development
Wednesday, September 21, 2016  
Next meeting is Wednesday, October 5, 2016 I  7:30 a.m. to 9:00 a.m.

Community College Working Group 
Wednesday, September 21, 2016  I  9:00 a.m. to 10:00 a.m. 

Economic Development 
Wednesday, September 28, 2016 I  9:00 a.m. to 10:30 a.m.

Committee meetings are open to OCBC members and invited guests only. All committee meetings are held at the OCBC offices unless otherwise specified. For more information on upcoming committee meetings for 2016 check out OCBC's Committees. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 
GET CONNECTED ONLINE WITH OCBC 
Do you tweet? Have a Facebook page or surf YouTube? Then follow the latest news and information from OCBCsocial media online. Follow us on Twitter. Like our Facebook page. Tune into our YouTube channel. Check out OCBC's blog: Dunn and Done. Or visit our newest website, LocationOC.com.

If you have questions on how to get connected with OCBC online, contact Delaine Moore, Communications Manager, at 949.794.7220 or dmoore@ocbc.org.
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OC's housing shortage affects workforce and economy
OC's housing shortage affects workforce and economy
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