Economy

Gov. Gavin Newsom and legislative leaders reached a nearly $300 million budget agreement on June 21 that closes a $46.8 billion deficit that was projected for the coming fiscal year with across-the-board cuts of nearly 8% to every department.  The $297.5 billion budget is proposed...

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...

Valley Water crews have dug about 160 feet into a giant tunnel that will be able to divert massive volumes of water out of Anderson Reservoir when the Anderson Dam Seismic Retrofit Project is completed.  The 20-foot diameter tunnel—which will be 1,750 feet long when...

With election day approaching, voters have several state propositions from which to choose. Below is a brief description of each of them. For a deeper dive, visit voterguide.sos.ca.gov/propositions. Proposition 2 Public School and Community College Facilities Under Prop. 2, the state would sell a $10 billion bond...

Hundreds of people in Morgan Hill and Gilroy hit the streets April 5 to deliver the message that they are not happy with President Donald Trump and Elon Musk as part of the nationwide “Hands Off!” protests.  On just the 76th day of Trump’s presidency,...

The rain-weary Central Coast and Bay Area are being asked, again, to prepare for another round of soaking storms this week, as another atmospheric river system is expected to drench the region.  According to the National Weather Service, the atmospheric river is forecast to make...

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...

With seemingly constant rain storms pummeling the South Bay so far this winter, a federal drought monitoring program recently downgraded most of Santa Clara County from “Severe” to “Moderate” drought. But local water supply authorities warn that residents and property owners should continue to...

Fundraiser supports therapeutic riding One Step Closer’s 2024 fundraiser gala will take place 5-9pm June 23 at Coyote Ranch Event Center, featuring line dancing instruction, live auction, BBQ dinner, raffle, open bar and more. Line dancing lessons will be taught by Janet Goddard, to live music...

Cristina Cortez earns just $20.70 an hour running dialysis procedures for older patients suffering from kidney failure in the city of Gilroy. Because of her husband’s serious work injury in 2017 and their need to economize, her family of five moved an hour away...