News/Blog

January 20, 2023

Morgan Hill sales tax stayed positive in 3rd quarter 2022

By Brittney Sherman

Morgan Hill’s 2022 third quarter sales tax revenue grew (5.2) percent over the same quarter in 2021, largely attributed to the autos/transportation and county/state pool groups. The largest gains year over year were seen in the fuel/service stations and restaurant/hotel groups thanks to the return of travel and office work. Although buyers were beginning to be more selective and frugal with their shopping during this quarter, most sales tax groups across the board continued to enjoy growth.

Read the full third quarter report HERE.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

January 20, 2023

2022 Holiday retail sales fall short of projections

By Brittney Sherman

In spite of mall foot traffic increasing (40.3) percent and seven of nine retail categories showing revenue gains, the 2022 holiday shopping season fell short of the National Retail Federation’s (NRF) projected gains. During the months of November and December, retail sales rose (5.3) precent over 2021 and across 2022 retail sales increased (7) percent year over year. The data collected is based on core brick and mortar and online retail stores, and excludes sales revenues from car dealerships, gas stations, and restaurants. Industry experts attribute the 2022 holiday season shortcomings to inflation and deep discounting, and suggest that 2023 might see another retail dip as consumers become more frugal amidst worries of a looming recession.

Read the full report from the NRF HERE.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

January 19, 2023

Governor grants tax relief on interest and late fees to storm impacted businesses

By Brittney Sherman

Small business owners who have been affected by flooding, power outages, and other storm-related hardships may request up to an additional (3) months to file their tax returns. Relief services offered could include the extension of tax return due dates, relief of penalty and interest, or replacement copies of records lost due to disasters. Taxpayers who face return deadlines between January 4, 2023 and January 31, 2023 who are granted relief, will not have to pay interest and penalties if they are unable to file their returns and pay taxes and fees by the original due date.

Contact the California Department of Tax and Fee Administration (CDTFA) to see if you qualify for taxpayer relief.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

January 18, 2023

EIDL loans reopen for businesses affected by recent flooding

By Brittney Sherman

As a result of the Major Disaster Declaration in the wake of the recent storms, Economic Injury Disaster Loans (EIDL) have now been approved for storm impacted businesses located in San Mateo and Santa Clara Counties. EIDLs are working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period, which began on December 27, 2022.

Review the fact sheet to learn more and start your application HERE.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

January 17, 2023

Projects in the pipeline for Morgan Hill in 2023

By Brittney Sherman

Looking for an update on significant residential, commercial, and industrial projects in Morgan Hill’s pipeline? For a brief description and status update on all citywide projects, review the significant projects slide presentation HERE.

Weekly reports from the City's permit tracking system of planning applications will be posted every Monday. These applications are not considered complete as the City has 30 days from the date of submission to determine an application complete or incomplete. A project page and significant project slide are not created until an application is considered complete. Review previous and current weekly reports HERE.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

January 17, 2023

Arena football team makes Morgan Hill their home

By Brittney Sherman

Morgan Hill is now the official home of the Bay Area Panthers! After many months of discussions, Hall of Fame Coach Darren Arbet and the Bay Area Panthers have decided to “choose” Morgan Hill as their home location for the 2023 Indoor Football League (IFL) Season! The (23) person team and coaching staff will live and train in Morgan Hill, and play all games at the San Jose SAP Center. To learn more about the team and upcoming season, we invite you to attend a free “Meet the Coach” event on January 26 at 5:30 p.m. at the Community & Cultural Center.

Read the full Press Release and learn more about the Bay Area Panthers HERE.

Have questions? Contact Visit Morgan Hill Executive Director Krista Rupp at krista.rupp@visitmorganhill.org