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4-week Business Bootcamp

4-week Business Bootcamp

By Brittney Sherman

The SBDC and Dr. Pablo Romero, Latinx Small Business Owner and Faculty Fellow in Entrepreneurship and Innovation at California State University-Stanislaus, will lead a 4-week, 90-hour small business bootcamp during the month of April. Participants will receive foundational knowledge and comprehensive instruction on concept feasibility, licensing, business plan creation, budgeting, and more.

To learn more about this FREE program or register to participate, go HERE.

 
California invests $182M to spur rapid job creation

California invests $182M to spur rapid job creation

By Brittney Sherman

California is allocating $182M in grants to the Regional Investment Initiative, in an effort to create thousands of jobs across the state’s (13) economic regions. Concurrently, the Governor created the California Jobs First Council to support workforce and economic development by creating rapid family-supporting job growth in prime industries.

Read the full Press Release HERE.

 
Home kitchen fees waived through March

Home kitchen fees waived through March

By Brittney Sherman

In March 2023, the Micro Enterprise Home Kitchen Operation (MEHKO) ordinance and permit fees were adopted by the Santa Clara County Board of Supervisors, authorizing home-based retail food facilities. Under this program, food is prepared, cooked and served from a private residence at a maximum of 90 meals per week. Due to recent fee relief, the MEHKO application ($435) and permit ($635) fees have been waived through March 2024.

Program History: In January 2019, AB 262 authorized individuals to operate restaurants out of their private residences. In September 2022, SB 972 approved MEHKO operators to expand their offerings by collaborating with no more than two Compact Mobile Food Operators for sidewalk vendor sales. In 2023, AB 1325 adjusted the MEKHOS annual gross income cap to $100,000 and expanded the weekly meals to no more than 90.

Learn more about the MEHKO program HERE.

 
Do you qualify for commercial property tax relief?

Do you qualify for commercial property tax relief?

By Brittney Sherman

According to the Santa Clara County Assessor’s Office, in 2022 the number of Prop. 8 declines in value assessments were 2,595. That number increased more than 600% in 2023. Of the 17,000 assessments found to be proactively red last year, 28% of them were commercial properties. As a result, the Assessor’s Office has announced they will open the informal Prop 8 review process 4 months early beginning February 16, 2024.

As of January 1, if property market value falls below the existing tax assessment signaling declining market conditions, the County Assessor is obligated to temporarily reduce the assessed value. Due to the anticipated influx of Prop 8 commercial property relief requests, the review process has been opened early to facilitate timely and accurate appraisals and reduce the number of costly appeals.

Learn more HERE.

 
Morgan Hill generates 2% sales tax growth in Q3

Morgan Hill generates 2% sales tax growth in Q3

By Brittney Sherman

Morgan Hill’s 3rd quarter 2023 sales tax results showed 2% growth, while the Bay Area and California were down 3% and 1.6% respectively. Morgan HIll’s major contributors were from the Auto/Transportation, Food/Drug, Building/Construction and Business/Industry sectors. The City’s top 25 sales tax producing businesses grew a collective 17%, accounting for approximately 61% of all sales tax revenue generated into the General Fund.

Read the 2-page shareable report HERE.

 
2023 End of year eNewsletter

2023 End of year eNewsletter

By Brittney Sherman

As we close out another busy year, the Economic Development team would like to wish all of our businesses a happy and prosperous holiday season. We are grateful for the community’s support of the Downtown Street Activations, the Buy Local Holiday Shopping Passport, and engagement during our business roundtable meetings. This final newsletter of the 2023 year captures just a few of our most recent accomplishments. We look forward to the New Year and our work ahead to support the City’s long-term fiscal sustainability and increase the number of local job opportunities for all Morgan Hill residents.  

Read the full eNewsletter HERE.

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