Economy

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...

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...

The County of Santa Clara Department of Tax and Collections (DTAC) published a list of 127 individuals and businesses who are potential owners of $89,017 in unclaimed general collections monies.  Potential owners who qualify for these monies must file claims by Nov. 11. The list...

Santa Clara County secured an $11.1 million grant to address homelessness in San Jose and throughout the county, federal housing officials announced April17. The county is one of 62 communities receiving their share of $486 million in funds from the U.S. Department of Housing and...

Housing costs and inflation are the top concerns for California's 9 million Latino registered voters, according to a report issued Sept. 10 by the Latino Community Foundation, a national nonprofit dedicated to Latino voter engagement.  Although some blame political candidates for high costs, most blame...

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 home ownership increasingly surpassing the reach of many Californians and residential real estate prices going up across the board, more people in South County are renting their homes in recent years.  As of earlier this year, the average two-bedroom home rental in Morgan Hill...

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...

Small businesses in Santa Clara County can apply for grants of up to $2,500 if they have been negatively affected by the Covid-19 pandemic after the county reopened its microbusiness grant program. While the county has awarded more than 500 grants through the program's first...

Projected costs of the massive Anderson Dam reconstruction project in Morgan Hill have risen to approximately $2.3 billion, according to a report prepared by engineers for the Santa Clara Valley Water District. Two years ago, the cost of the dam project—required for earthquake protection and...