Finance & Economics News
Santa Clara considers paid parking to fix long-term budget deficit
Santa Clara city officials are evaluating the possibility of introducing paid parking at several city-owned locations, including the historic Franklin Square and the Santa Clara Convention Center. This potential change is part of a broader strategy to stabilize the city's finances as future budget projections reveal growing deficits. Although Santa Clara’s proposed 2025-26 fiscal plan currently projects a $9.3 million surplus, forecasts over the subsequent five years ind
Santa Clara considers paid parking to fix long-term budget deficit
Santa Clara city officials are evaluating the possibility of introducing paid parking at several city-owned locations, including the historic Franklin Square and the Santa Clara Convention Center. This potential change is part of a broader strategy to stabilize the city's finances as future budget projections reveal growing deficits. Although Santa Clara’s proposed 2025-26 fiscal plan currently projects a $9.3 million surplus, forecasts over the subsequent five years ind







