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Budget Reaction Roundup 2

From the Hesperia Star:

Brown would also shut down enterprise zones across the state, including the one recently declared for much of Hesperia. Businesses can generate millions of dollars of tax credits for operating in an enterprise zone. Hesperia’s enterprise zone covers the location of more than 90 percent of current businesses.

“We had a workshop this morning. We had two speakers come in and talk about ways of taking advantage of enterprise zone benefits,” Deputy Economic Development Director Steve Lantsberger said Wednesday. “We know that threat is there … but we have an enterprise zone that’s valid and we have to move forward with our initiatives, as per our agreement with the state of California.”

Although the Hesperia Enterprise Zone was only declared in April, Lantsberger said it’s already paid dividends for existing businesses and has raised Hesperia’s profile for businesses planning on locating in the area.

“We have a few projects that we’re working with and we’ll definitely see tremendous benefits,” he said. “Even [recently opened businesses] Golden Corral and Ross and Marshall’s, they’re seeing the benefit as well.”

Political analysts have suggested that Brown’s announcement Monday was merely the opening position in a negotiation, and both Johnson and Lantsberger hope that the redevelopment agency and enterprise zone survive the budgetary process.

“We absolutely want to make sure we keep the economic opportunities we have in the city,” Lantsberger said. “I view both of them as vital.”

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