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The Surplus In Sacramento Should Be Returned To The State’s Taxpayers

California’s hardworking taxpayers just presented state lawmakers with a $75 billion surplus for fiscal year 2021-22, which begins on July 1. By June 15, the budget must be finalized. Are lawmakers eager to reward us by returning a significant portion of the surplus? No. There was no “thank you for your hard work” at all. …

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Sacramento’s ‘Most Significant Economic Development Project’ Is Moving Forward After The City And Developers Reached An Agreement On Community Benefits

UC Davis’ billion-dollar scientific and technology hub Aggie Square, which sits on more than 1 million square feet of land near Broadway and Stockton Boulevard, is expected to bring thousands of employment to the neighborhood and bolster Sacramento’s economy. However, not everyone agrees. Officials announced a set of agreements between the city and the project’s …

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Sacramento Uses Economic Gardening 2.0 To Care For Its Local Companies

Small Sacramento businesses can apply to participate in a program that provides assistance as well as up to $50,000 in matching funding to help them achieve their goals. Cities frequently use big tax incentives to get large corporations to relocate to their city. Sacramento is adopting a different approach with a program called Economic Gardening …

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Sacramento Office Loans To Note; Cmbs Week In Review: Rising Inflation

The major markets swung in lockstep with new inflation reports last week. In December, prices paid to U.S. food and energy producers, which are significant drivers of inflation, slowed, offering some relief from previous trends. Despite this, initial jobless claims increased by 23,000 from the prior week to 230,000. In addition, the monthly consumer price …

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Government Is The Lifeblood Of The Sacramento Region’s Economy.

This is the first in a series of posts looking at how different job sectors will impact economic recovery in five California areas. During the pandemic, the greater Sacramento region, like the rest of California, was hit hard by job losses. However, the Sacramento metro area, which includes the counties of El Dorado, Placer, Yolo, …

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For The Mtp/Scs, Predicting Population, Housing, And Economic Growth

The development of regional growth estimates is one of the initial processes of the Metropolitan Transportation Plan/Sustainable Communities Strategy (MTP/SCS). These forecasts show where the region will be in terms of population, jobs, and households in the next 20 to 30 years. The growth projections are an important input as SACOG staff works with local …

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