News/Blog

News and thoughts from our staff

Filtered by Category: eNewsletter

December 18, 2023

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.

July 19, 2023

July 2023 eNewsletter

By Brittney Sherman

In this eNewsletter, you will find information about key efforts that impact our business community, including:

-First quarter 2023 sales tax was negatively affected by gas and lumber

-Employers invited to participate in Work 2 Future Job Fair

-$20,000 rebates for small and medium-sized businesses

-Roughly 2,900 housing units are on Morgan Hill's horizon

-Get ready for some fun Downtown! Bring your family, friends, and canines

-Police-Community Partnership celebrated at National Night Out

-In the news

-Now open and coming soon

Read the July 2023 eNewsletter HERE and reach out to the team if you have any questions or want to connect with us. Thank you for continuing to “Choose Morgan Hill.”

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

July 06, 2023

1Q2023 sales tax

By Brittney Sherman

The first quarter 2023 sales tax results showed minimal growth for Santa Clara County (+0.2%) and reductions for the City of Morgan Hill (-1.1%) and California statewide (-1.1%). When compared to first quarter 2022, Morgan Hill’s Autos and Transportation State and County Pools, and Restaurant and Hotel industry groups all experienced growth, while it’s Fuel and Service Station, Business and Industry, and Building and Construction groups showed losses. Significant nationwide decreases in the price of gas (20%) and the price of lumber (60%), in addition to a decline in citywide electronic sales, are the main factors behind the City’s negative first quarter sales tax results. However, the top 25 sales tax generating businesses citywide continue to be largely represented by auto dealers, big box retailers, grocery stores, and gas stations.

Statewide, California sales tax results for the 2022/2023 fiscal year are projected to yield a 2.2% growth, where it’s 2023/2024 fiscal year is projecting a 0.7% decrease.

Read the full report HERE.

April 27, 2023

April 2023 eNewsletter

By Brittney Sherman

In this eNewsletter, you will find information about key efforts that impact our business community, including:

-Silicon Valley Index confirms the region's resiliency

-Fourth-quarter sales tax revenue breaks a ten consecutive quarter streak

-$4M awarded for Monterey Road improvements

-Morgan Hill aims to increase economic mobility

-Roll Downtown on May 13 during Open Streets

-Sidewalk Saturdays expands in sixth season

-In the news

-Newly opened

Read the April 2023 eNewsletter HERE and reach out to the team if you have any questions or want to connect with us. Thank you for continuing to “Choose Morgan Hill.”

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

January 31, 2023

January 2023 eNewsletter

By Brittney Sherman

In this eNewsletter, you will find information about key efforts that impact our business community, including:

-Third-quarter sales tax data remains positive

-(40) Significant projects currently in the pipeline

-Storm-impacted businesses could qualify for tax and loan relief

-Morgan Hill becomes home to the Bay Area Panthers

-What is the Chips and Science Act of 2022

-Nationwide holiday retail sales miss the mark

Read the January 2023 eNewsletter HERE and reach out to the team if you have any questions or want to connect with us. Thank you for continuing to “Choose Morgan Hill.”

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

October 28, 2022

12 Halloween Events You Can't Miss

By Brittney Sherman

There are (12) spook-tacularly fun events happening this weekend in and around Morgan Hill. Watch our Instagram video to plan your calendar for the Halloween weekend.

Have questions? Contact City of Morgan Hill Economic Development Coordinator Brittney Sherman at Brittney.sherman@morganhill.ca.gov

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