California Sustained Profit Growth Plan

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Multi-State
Control #:
US-CC-20-160H
Format:
Word; 
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Description

20-160H 20-160H . . . Sustained Profit Growth Plan under which (a) each officer of the level of Senior vice President and above receives a contingent cash award equal to a specified percentage of his or her annual base salary and (b) actual awards are determined by measuring the corporation's performance of previously selected business measures and attainment of specific objective numeric goals relating to those measures over a three year performance period. The measures may include return on average or year-end equity, return on average or year-end assets, earnings per share, growth in earnings per share, increase in the corporation's common stock price, total return to stockholders, growth in net income per employee, growth in non-interest income, control of net overhead expense, control of non-performing loans, capital adequacy, and adequacy of loan loss reserves
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FAQ

In some jurisdictions, the local General Plan is referred to as a Master Plan. However, most commonly, a Master Plan is a planning tool that typically covers a smaller, more localized area or a single site. A Master Plan will typically will include zoning regulations and development standards.

HOW OFTEN SHOULD THE GENERAL PLAN BE UPDATED? The State Office of Planning and Research (OPR) recommends that General Plans be comprehensively updated every 10-15 years to reflect changes in community values, economic conditions, and emerging issues and challenges.

In the State of California, all cities are required to develop a General Plan. A General Plan is a comprehensive policy document that informs future land use decisions. It establishes land use designations and policies that identify a range of zoning options that can be applied to property.

A General Plan is a broad, long-range policy document that guides future development, conservation, and is a comprehensive collection of goals and policies related to a multitude of aspects of community life. In California, cities and counties are required by State law to have a General Plan.

By State law, the General Plan must address eight topic areas, called ?elements.? The mandatory elements are land use, transportation, housing, open space, conservation, safety, noise, and environmental justice. Cities are also encouraged to adopt ?optional? elements which reflect local issues.

Required elements include land use, circulation, housing, conservation, open space, noise, and safety.

California law requires that the General Plan include a minimum of nine state-mandated elements: Land Use, Open Space, Conservation, Housing, Environmental Justice, Circulation, Noise, Air Quality and Safety.

Vision 2023 is California's Statewide Strategic Plan to use technology to meet our society's goals, and make progress on the big, complex problems affecting us all. Our plan lays out how technology can power not just more efficient and effective government, but a compassionate and fair government.

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California Sustained Profit Growth Plan