Issue link: https://www.epageflip.net/i/26854
Thursday, March 10, 2011 – Daily News – 5A Death Notices Joan C. Miller Joan C. Miller of Red Bluff died Friday, March 4, 2011, at Red Bluff Health Care Center. She was 89. Hoyt-Cole Chapel of the Flowers is handling the arrangements. Published Thursday, March 10, 2011, in the Daily News, Red Bluff, Calif. Dianne Fossie Murray Dianne Fossie Murray died Friday, March 4, 2011, in Red Bluff. She was 59. Newton-Bracewell Crema- tion and Funeral Services of Paradise is handling the arrangements. Published Thursday, March 10, 2011 in the Daily News, Red Bluff, Calif. William Joseph Peters William Joseph Peters, Sr. of Gerber died Wednes- day, March 9, 2011 at his home. He was 79. Hoyt-Cole Chapel of the Flowers is handling the arrangements. Published Thursday, March 10, 2011, in the Daily News, Red Bluff, Calif. DEBATE Continued from page 1A today.” Norquist called that response “childish.” “That might have been clever in fourth grade. If the governor’s not confi- dent in his arguments, then he should probably say those things ... what he’s telling you is he is not confident,” Norquist said in a telephone inter- view. “I thought he was better than that; I thought he might have learned from his previous stint” as governor, from 1975 to 1983. Norquist says he would be willing to fly across the country and take time away from his two young children if Brown is will- ing to engage in a serious debate “about why he wants other people to raise taxes to pay for his over- spending. California voters to have say on rainy day fund By The Associated Press California has a weak rainy day fund, but voters will get a chance to strengthen its requirements next year. In March 2004, voters approved then-Gov. Arnold Schwarzenegger’s proposal to borrow $15 billion in bonds to deal with that year’s budget deficit. He paired the measure with a ban on future deficit borrowing and established a reserve under Proposition 58. Known as the Budget Stabilization Account, that rainy day fund never specified the size of the reserve or the conditions under which money would be placed into it. Schwarzenegger and lawmakers sought to strength- en the fund, but voters rejected their plan during a spe- cial election in May 2009 when it was paired with an extension of temporary tax increases. Under Proposi- tion 1A, the state would have been required to set aside up to 3 percent of annual revenue each year until the fund reached 12.5 percent of the state general fund. The changes also would have restricted how and when lawmakers could withdraw from the fund. Before leaving office, Schwarzenegger persuaded lawmakers to put the rainy day fund to another vote on the February 2012 ballot. Similar to Proposition 1A, that measure would require 3 percent of annual revenue to be deposited into the fund each year, except during a weak economy. Lawmakers could not tap it unless certain conditions are met. The rainy day fund would be considered full once it hits an amount equal to 10 percent of general fund rev- enue. Any extra tax revenue coming to the state in a given year could be used only for one-time expenses, such as debt payment, rather than to fund programs that will require money year after year. Calif. pension fund says reforms would cost more SACRAMENTO (AP) — California’s second-largest public pension fund is firing back at a report by a state auditing agency that called for sweeping reforms, saying some of the proposals would invite lawsuits or drive costs even higher. The California State Teachers’ Retirement System laid out its criti- cisms in a letter sent Wednesday to the chair- man of the Little Hoover Commission. The bipar- tisan watchdog panel called for freezing bene- fits for current workers and shifting workers to savings plans more like those used in the private sector. The letter from Cal- STRS chief executive Jack Ehnes says a series of legal rulings virtually guarantees that chang- ing benefits for current employees would be overturned by the courts. He also says reducing benefits and replacing them with Social Secu- rity would drive costs higher by $1.8 billion a year. FLOOD Continued from page 1A had previously been dis- cussed, but FEMA will issue a Letter of Final Determination to the Board of Supervisors on March 29. The maps will go into effect six months later, on Sept. 29. “It’s a slow and deliber- ate process when we make a map change because we know it impacts you and your building decisions,” Schaefer said. While there is only a 1 percent chance of a flood occurring in any given year, and in the event there is a flood, most people would only get about a 1 to 2 feet of water, the risk is there. The proposed designation recognizes that. “It’s a small one but it’s enough to make your lives miserable,” she said. Between now and when the maps go into effect, Schaefer advised property owners to start looking into buying flood insur- METH Continued from page 1A release said. Ballesteros was booked on the charges of possession for sale of methamphetamine, providing a place for the sale of methampheta- mine, driving on a suspended license: DUI violation and reckless driving with alcohol. His bail was VOTE Continued from page 1A “Let Us Vote” campaign, which has generated 30,000 parent letters to lawmakers. “We feel like our kids are caught in the crossfire. Certainly, if we don’t have the right to at least vote, then they have definitely lost.” Brown had set Thurs- day as the deadline for the Legislature to put the tax question before voters in a June election but asked for a delay Wednesday after engaging “in positive and productive budget discus- sions with legislators on ance. Homeowners should think of buying flood insurance in the same way they think about buying comprehensive car insur- ance, Schaefer said. If someone has an old home and old carpet they proba- bly don’t want insurance, but if they have a new home or just put in brand new carpet, they may want to get their home insured. Those who don’t own their homes outright will be required by their lenders buy flood insur- ance. Buying insurance before it becomes a requirement could qualify buyers for a preferred risk policy at a cheaper rate for the first three years. After that, rates will jump sig- nificantly, Schaefer said, adding she did not want to sugar coat what would happen. Red Bluff Mayor Bob Carrel, who owns a busi- ness in the area, said he was frustrated with the bureaucracy and idea that having to buy flood insur- ance was now being imposed on property own- set at $40,000. An additional charge of sales of narcotics within 1,000 feet of a school will be requested, the release said. Beltran and Rodriguez-Ruis are being held without bail and were both booked on the charge of illegal entry. TIDE was assisted by the Tehama County District Attorney investigators, Tehama County Sher- both sides of the aisle,” said his spokesman, Gil Duran, Duran would not say how long a delay was needed. Most of the talks have been happening with law- makers in the Senate, where five Republicans are negotiating long- sought GOP demands that include a spending cap, freezing pension benefits for current state and local government workers, and reducing state regulations. Brown has indicated he is open to negotiating and said Republican requests for tax and regulatory reform have merit. How- ever, he cautioned that ers. It’s just more money out of people’s pockets, money that no one has in this economy. “The study has nothing to do with reality,” he said. Property owners who attended the afternoon ses- sion wanted to know why the high risk designation was not recognized before now. It could have kept them from buying homes or building in the area. The flood maps are being redrawn as FEMA switches from paper to digital maps. Modern technology and new infor- mation about topography from studies being con- ducted by the Department of Water Resources helped FEMA plot the new areas, Schaefer said. “We didn’t just take a crayon and draw the line,” she said. The flood risk is there and has always been there. She showed a black and white photo of a flooded Antelope area but could not identify what year the photo was taken when asked by the property owners. “If it happened once before it could happen again,” she said. Whether or not home- owners choose to buy flood insurance, they should keep valuables off the floor. “Go home and make sure anything you have on your floor is not some- thing that is irreplaceable,” Schaefer said. Further opportunities to discuss the issue and options available for buy- ing flood insurance will be available as implementa- tion of the map approach- es. For information on flood preparation and insurance, visit floods- mart.gov. At the local level, con- tact the Tehama County Building Department at 527-7002. ——— Tang Lor can be reached at 527-2153, Ext. 110 or by e-mail at tlor@redbluffdailynews.co m. iff’s detectives, Corning Police offi- cers, the California Highway Patrol, California Department of Justice, Bureau of Narcotic Enforcement’s North State Marijuana Investigation Team, Glenn Interagency Narcotics Task Force and Homeland Security investigation agents. ——— Julie Zeeb can be reached at 527-2153, extension 115 or jzeeb@redbluffdailynews.com. issues that have been sim- mering for decades cannot be resolved swiftly. “We can take a piece of it, but we can’t take every- thing including the kitchen sink and throw it on the table and before the end of this week come up with an answer,” the governor said earlier this week. Republicans say taxes are not the answer to the state’s financial problems, but parent and teacher groups concerned about larger class sizes and a shorter school year are demanding they let Cali- fornians vote on the issue. Michelle Parker, a 35- year-old mother of three from San Francisco, said parents and teachers are asking all lawmakers to do what’s best for children. Parker, who is with the California State PTA and Educate Our State, a grass-roots parents group that is leading the “Let Us Vote” campaign, said the group is targeting poten- tial swing lawmakers and even some Democrats who have said they oppose the deep spending cuts. “There are some Democrats, like my Sena- tor, Leland Yee, who says he’s so pro-education. He’s not an automatic yes,” Parker said, referring to the Democratic senator from San Francisco. Stocks edge lower as bull market enters 3rd year NEW YORK (AP) — The two-year anniversary of the fastest bull market since the 1950s ended on a down note. Stocks dipped Wednes- day as crude oil prices hov- ered near $104 a barrel, continuing a three-week run of high prices that economists say could slow the economic recovery. Stocks hit 12-year lows on March 9, 2009, dragged down by the financial cri- sis. The S&P 500 index, the benchmark for most U.S. mutual funds, has had a total return of 102 per- cent since then, including dividends. It was the best two-year period for the index since 1955, accord- ing to Standard & Poor’s. The S&P index lost 1.80 points, or 0.1 percent, to close at 1,320.02. The Dow Jones industrial aver- age dipped 1.29, or less than 0.1 percent, to 12,213.09. The Nasdaq composite fell 14.05, or 0.5 percent, to 2,751.72. The conflict in Libya has raised concerns about a drop in oil production, causing a surge in crude prices. Oil prices have jumped about $20 per bar- rel since mid-February, when the Libyan uprising started. Libya accounts for only 2 percent of global oil out- put. But the worry is that uprisings that have toppled governments in Tunisia and Egypt will spread to larger oil producing coun- tries like Saudi Arabia, the world’s largest crude exporter. IBM Corp. gained 2.2 percent after analysts at Deutsche Bank and other brokerages raised their forecasts for the compa- ny’s stock price. Bon-Ton Stores Inc. jumped 10.5 percent. The department store chain said its profit climbed six percent as sales open at least a year improved. Texas Instruments Inc. dropped 3.1 percent. After the market closed Tuesday, the company narrowed its sales and profit estimates for the current quarter. Demand for chips for tele- visions and personal com- puters remained weak. Declining stocks nar- rowly outpaced rising ones on the New York Stock Exchange. Consolidated volume was 3.7 billion. Over 50 years of serving Tehama County Located in Chico, CA Have a news tip? Call 527-2151, Ext. 112 529-3655 www.affordablemortuary.net Independently owned Telephone: (530) 824-3792