San Jose

San Jose

San Jose’s decades-long pension problems level out

For the first time in years, San Jose’s mayor is working with a balanced budget, which means more funding for city services. The city’s pension and retirement costs are declining for the first time in two decades due to double-digit investment returns. The rate of return reached a record high in 2021. “This is pretty historic,” Jim Shannon,...

San Jose residents see water rate hikes once again

Water rates are increasing in July for San Jose residents in several neighborhoods. This week, the City Council unanimously approved increasing drinking and recycled water rates for the next fiscal year. The increase impacts customers of San Jose Municipal Water System, which serves about 136,000 residents in the North San Jose, Alviso, Evergreen, Edenvale and Coyote...