ENTRY SSENTRY Tri County’s Only MulticulturalNewspaper Newspaper TheThe Tri County’s Only Multicultural
TRICOUNTY COUNTY TRI VOL. XXVI NO. 20 | FRIDAY, MAY 15, 2020
Inside This Issue:
Assemblymember Limón Introduces COVID-19 Consumer Relief n See page 8
Local Love Project Pop Up Food Distribution event helps COVID-19 victims By Chris Frost
chris@tricountysentry.com
VENTURA—It was a busy afternoon at the Winchester Grill-Ventura, May 16, as the Weekly Local Love Project Pop-Up Food Distribution Project was out in full force, helping people in Ventura County care for each other because of COVID-19. Volunteers staffed tables full of supplies and loaded car-after-car with goodies for people in the hospitality industry and musicians who got laid off or experienced lost wages because of COVID-19. Recipients were all smiles and left happy that people are willing to step up. Attendees also received an essential home bag filled with toilet paper, paper towels, laundry soap, fabric softeners, candles, Girl Scout Cookies, and other items along with produce boxes. Local Love Project Chief Executive Officer and Founder of Totally Local VC Kat Merrick organized the giveaway and began two days after the Thomas Fire ravaged the county. The group, a 501c3 non-profit, immediately activated and started providing items like clothing, home essentials, and anything else they needed. The group got sponsors and started to grow. “In 2018, we distributed $1.5 million in brand new products for our community, and in 2019, we distributed $789,000 of brand new products,” she said. “From January 1 to March 1, we n Local Love, see page 7
Finance and Governance approves enterprise fund loan By Chris Frost
chris@tricountysentry.com
CFO Kevin Riper. (File photo)
OXNARD—The Finance and Governance Committee, May 12, recommended authorizing City Manager Alex Nguyen to borrow on behalf of the general fund up to $10 million each from the water, wastewater, and environmental resources funds through June 30, 2021 for the public health emergency caused by COVID-19. The action supports the city’s cash flow needs and establishes a 10-year re-
payment schedule with interest charged at the city treasurer’s pooled cash portfolio earnings rate. Chief Financial Officer Kevin Riper presented the item to the committee, and he said the key phrase in the recommendation is that it supports cash flow needs. The recommendation does not have any appropriation request, budget adjustment, or effect on the income statement, except for a little interest in the future. “This is a balance sheet transaction, and it’s required because the general fund n Loan, see page 9
City projects tax increase because of COVID-19 budget woes
City Manager Alex Nguyen (Courtesy photo) By Chris Frost chris@tricountysentry.com
OXNARD—As the City kicks off its fiscal year 2020-2021 budget season, the COVID-19 global pandemic means a sales tax increase in Oxnard if the voters approve the measure. The city had its preliminary fiscal year 2020-2021 budget preview during the Finance and Governance Committee Meeting, Feb. 12, and the news was not good. City Manager Alex Nguyen introduced the preview and said as estimates come in about the economy, the numbers may change. During the fiscal year 20192020, the city plotted a course of action to make the city fiscally sustainable, but that will only happen when the city’s revenue outperforms its expenses. That includes having a fully staffed public safety department and keeps up with maintaining the city’s medians strips and trees and maintain parks at a level people deserve. “We will be assured that our 911 response times will be at national standards, our roads will be maintained quicker, and we’d have the ability to respond to disasters, whether man-made or natural,” he said. n Budget, see page 4