Economy

Economy

San Jose mayor issues budget plan amid projected shortfall

As San Jose officials prepare a budget proposal that’s sure to involve significant cuts, Mayor Matt Mahan has marked out his own spending priorities for the city. The mayor’s annual March budget message, released Tuesday, directs city administrators to strive for maintaining key service areas — around homelessness, neighborhood blight, public safety, housing affordability and economic...

State card room crackdown could cost San Jose

San Jose officials are urging California regulators to rescind new rules for the state’s card rooms, warning of dire economic fallout if restrictions take effect as planned in the coming months. In a Feb. 19 letter sent to Attorney General Rob Bonta, city officials warned the regulations, which set stricter rules for certain types of gameplay,...

San Jose faces tough choices to balance budget shortfall

San Jose leaders are warning of “tough” financial decisions and “hard choices” as this year’s budget season officially gets underway. The months-long process kicked off Thursday with a special study session considering how to balance a projected deficit of up to $65 million. While the city managed to balance last year’s shortfall without laying off any workers,...