Economy

In a step toward building the first massive wind farms off California’s coast, three Assemblymembers on Feb. 12 proposed a $1 billion bond act to help pay for the expansion of ports. The bill, if approved, would place a bond before voters aimed at helping...

Despite drenching rain and strong winds, people weren’t deterred when it came to dropping off unwanted guns Saturday during a gun buyback program staged by Santa Clara County law agencies and the District Attorney’s Office. Spread out in several tents with a motor vehicle drive-thru...

California is in a budget hole, its depth measured not in feet, but in dollars. How deep? A projected $38 billion deficit, according to Gov. Gavin Newsom, who said Jan. 10 he will declare a fiscal emergency when necessary and unveiled his initial plan to...

Gov. Gavin Newsom signed the 2024-25 budget into law on June 29, solidifying $16 billion in cuts and other moves that closed a $46.8 billion deficit.  The budget is $297.5 billion, with $211.5 billion committed from the general fund. It maintains $22.5 billion in reserve...

A $30 million incentive project is underway to help businesses, nonprofits, public agencies and tribes fund the installation of electric vehicle chargers in disadvantaged and low-income communities across the state.  Santa Clara is on the list of 30 counties where such parties are eligible for...

Driven by increasing residential values and despite a “troubled” commercial real estate market, Santa Clara County’s overall property assessment roll grew by $35.6 billion, or 5.4% in the last year, according to Assessor Larry Stone’s office. The growth includes an increase of around 5% in...

Santa Clara County will be conducting the 2025 Point-In-Time Count of unhoused residents next week, and is seeking volunteers to help.  The PIT count, which is conducted every two years by communities in California, provides data that helps guide local policy decisions regarding homelessness, according...

Santa Clara County officials and partnering nonprofits convened an emergency townhall meeting in South County Friday to warn residents about potential impacts from recently passed federal legislation that could slash healthcare funding and force difficult choices for local services. The meeting at the Valley Health...

To call Keith Larson a superfan of “A Christmas Story” might be an understatement. The San Jose native still remembers that clear winter day as a 9-year-old in 1983, when the power tripped off in his neighborhood without a known reason. On a whim, the family...

Since Valley Water evicted dozens of unhoused residents of Gilroy from the water district’s properties along local creeks in November, many have relocated to a growing encampment on Sixth Street near Camino Arroyo Drive.  On Feb. 9, the Gilroy City Council voted 4-2 to give...