Economy

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...

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...

Construction of a new traffic roundabout at the intersection of State Routes 25 and 156 near Hollister continues this week with work taking place behind protective concrete barriers, according to the California Department of Transportation. Recently installed K-rail at all four approaches to the construction...

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...

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...

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...

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...

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...

This past year has been a flurry of events, milestones, changes, victories and losses that shaped Gilroy and South Santa Clara County. And as the region continues to face the challenges and embrace the hopes related to ongoing growth, 2026 promises to keep local...

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...