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In business state budget governor's budget gifts not all good news for nevada By Andrew Doughman staff writer CARSON CITY — Gov. Brian Sandoval might not be Santa Claus, but he does know how to give mysterious gifts. Last month, he found $25 million for education programs. Then he said he found yet another $25 million for health programs for the state's most vulnerable populations. Then, he announced $12 million more for eliminating furloughs for state workers by mid-2015. How, exactly, did those presents end up under Nevada's Christmas tree? The majority of the money comes from regular state accounting adjust- ments, and it's not necessarily good news. Nevada gets a portion of this new money because the federal government now projects the average American's income will grow faster than the average Nevadan's income. Besides getting more federal money because it's getting poorer than other states, Nevada also is benefiting from revisions to the number of state residents enrolled in government health programs and a nationwide trend in lower-than-projected health care costs. "Those are both pretty standard adjustments we'd make," said Jeff Mohlenkamp, the state's budget director. "They just happen to be working in our favor right now." The governor did bargain one large concession from the federal government. His office negotiated to get an extra $17.6 million as part of the state's expansion of Medicaid, a part of President Barack Obama's health care overhaul law. Democrats welcomed the new money for the budget, saying the Republican governor is putting money toward good programs. Overall, the governor has added $77.7 million to the $6.5 billion general fund budget he has proposed, including $25 million for English-language learner and full-day kindergarten programs. LEGAL company led by guinn has license suspended By Cy Ryan staff writer Sod. It just doesn't work. You reward the achievers in your workplace. But you also need to root out the underachievers. Like sod. No matter how long he's been with you, he's bad for business. The only solution is to replace him with water-smart landscaping. For rebate information and a contact list of water-smart landscapers in your area, call 258-SAVE or visit snwa.com. It's a desert out there. Be SNWA is a not-for-profit public agency. 10 The state has suspended the license of Aspen Financial Services run by Jeffrey Guinn, son of former Gov. Kenny Guinn, on grounds the Las Vegas company is "financially insolvent." The net worth of the company is minus $8.6 million, and James Westrin, commissioner of the state Division of Mortgage Lending, says Aspen is "unable to continue in business." The company was granted a mortgage broker license in July 1995. But on March 26, a district court entered a judgment of $7.9 million against Aspen in favor of City National Bank. Westrin said his staff started an investigation April 15 and found the company had a net worth of minus $719,180. That combined with the judgment rendered it insolvent, he said. The suspension is effective immediately and Westrin has ordered Guinn and his company to file within seven days a report on all of its existing business . The suspension says Aspen must return its management of real estate property owned by investors. | 1 3 M AY 2 0 1 3 | 080597.01_SNWA_Ref 78864.01_ WSLC Sodman Cubicle_Print_Vegas Inc_10/15_ Island 7.08" x 9.25" 20130513_VI10_F.indd 10 5/9/13 2:17:30 PM