Daily Business Report: June 29, 2023
County affordable housing market report
Carlsbad is the least affordable housing market in the San Diego Metro Area, where households spend 69.63 percent of their income on mortgage and property tax payments. It also has the highest median purchase price of $1,465,000. That’s according to RealtyHop’s San Diego Metro Area Report for June 2023.
Other findings:
• Chula Vista is the most affordable market in the San Diego area and has the lowest median purchase price for a home of $730,000. Households make a median income of $96,037 and only allocate 48.68 percent of that toward homeownership costs.
• San Diego has the second-highest median purchase price for a home of $899,000 and is the third least affordable city in the region, where the median purchase price for a home is $899,000.
• Oceanside is the second most affordable market, with the average household only needing to spend 55.45 percent of their income on mortgage and tax payments.
• Homeowners in Escondido spend 65.34 percent of their income on housing costs.
County gets grant to connect
more households to the internet
The County of San Diego has been awarded a $500,000 grant from the Federal Communications Commission to fund outreach and enrollment efforts for the Federal Affordable Connectivity Program (ACP) and to update ongoing efforts to improve internet connectivity throughout the region.
The ACP provides qualifying households on average of $30 a month toward their internet bill as well as up to $100 for the purchase of a device like a laptop to connect to the internet.
An estimated 453,000 households are eligible for the ACP in San Diego.
The encampment crackdown moves forward
Voice of San Diego
A controversial homeless camping ban is now awaiting Mayor Todd Gloria’s signature.
The San Diego City Council on Tuesday again voted 5-4 to approve an ordinance barring camping on public property when shelter is available and at all times in some yet-to-be specified parks and within two blocks of schools and homeless shelters.
City Councilmembers and advocates who oppose the ordinance say it could simply disperse unsheltered people – rather than provide meaningful solutions to homelessness. Those in the mayor’s camp say the measure is necessary to crack down on public health and safety concerns tied to encampments.
How Texas shrank its homelessness population —
and what it can teach California
By Marisa Kendall | CalMatters
Texas recorded a 28 percent drop in homelessness since 2012, while California’s homelessness population grew by 43 percent. What’s behind the diverging trends, and what can California learn from programs in Houston, Austin and San Antonio?
California gets 15 new Superior Court judges
Gov. Gavin Newsom on Tuesday appointed 15 new Superior Court judges, which include one in Contra Costa County; two in Kern County; three in Los Angeles County; one in Orange County; two in San Bernardino County; one in San Joaquin County; two in Santa Clara County; two in Tulare County; and one in Yolo County.
10 are registered Democrats, five are registered without party preference.
County adopts new $8.17 billion budget
The County Board of Supervisors unanimously adopted a new $8.17 billion budget for Fiscal Year 2023-24 after public deliberations on Tuesday. The adopted budget shows an increase of $806.4 million or 11 percent from last year. The county will also add more than 500 employees for a total of 20,387.25 staff years.
The increased funding will help implement a May 24 board direction to remove barriers from housing. The revision also includes funding for special election costs, an upgrade to the regional communication system, two mobile service center vehicles for the Probation Department, funding for prevention, diversion and reentry and more.
Filing period to open for property
tax assessment appeals
SAN DIEGO — San Diego County residents and businesses who disagree with their property tax assessments for the 2023-2024 Fiscal Year may file an application to appeal their value between July 2 and Nov. 30. Applications and information booklets are available on the county’s website at www.sandiegocounty.gov/cob/aab.html. Residents may also pick them up and speak with Clerk of the Board staff at the County Administration Center, 1600 Pacific Highway, Room 402, San Diego, CA 92101-2471.
Backpack drive launched to benefit
elementary and middle school students
SAN DIEGO — North Island Credit Union is launching a school backpack drive to benefit local elementary and middle school students in partnership with the Boys & Girls Clubs of Greater San Diego. In the third year of the partnership, the organizations are working to help local students start the school year ready to learn. From July 1 to July 22, community members can drop off a school backpack to any branch location in San Diego County. A complete list of North Island Credit Union locations is available here.
Howell Foundation hosts a half-day
Summer Symposium on July 15
SAN DIEGO — The Doris A. Howell Foundation is hosting a half-day Summer Symposium on Saturday, July 15, 8 a.m. – 1 p.m., with three prominent local physicians presenting the latest research findings impacting women’s health. The Howell lecture series event is being held at the new Sharp Prebys Innovation and Education Center, 8695 Spectrum Center Blvd. in San Diego. Admission is $60. Continental breakfast and lunch are included. Free parking.
Moore named direct response agency of
record for San Diego Zoo Wildlife Alliance
SAN DIEGO — Moore, a leading constituent experience management company, has been named the direct response agency of record for the San Diego Zoo Wildlife Alliance. The partnership will be led by marketing strategists from CDR, a division of Moore, with SimioCloud by Moore as the technology infrastructure. Moore will manage all aspects of direct response programming and integration across channels through a strategic omnichannel approach to include list brokerage and cultivation, media buying, and more.
Friday is deadline to pay property
taxes to avoid additional penalties
SAN DIEGO — San Diego property owners are reminded that Friday is the deadline to pay property taxes withoug incurring additional penalties. On July 1, unpaid bills will go into default and receive additional penalties of 1.5 percent each month. That penalty adds up to 18 percent per year but is avoidable if payments are received by the June 30 deadline. So far, the Tax Collector’s office has received 98.75 percent of payments, totaling $8,021,834,525.94. Taxes left to be collected total $101,383,866.88.Taxpayers can easily pay their bills online at sdttc.com.
American Residential Services acquires
San Diego’s Tarpy Plumbing, Heating & Air
SAN DIEGO — American Residential Services, one of the nation’s largest providers of residential heating, ventilation, air conditioning (HVAC), and plumbing services, announced the acquisition of San Diego-based Tarpy Plumbing, Heating & Air. Tarpy formed in 2007 and employs approximately 50 personnel. The company provides residential heating, cooling, and plumbing services throughout Southern California. It maintains a fleet of 40 service, installation, and sales vehicles. Broc Kelly is president and general manager of Tarpy.
eSUB Construction Software
launches Spanish option
SAN DIEGO — The nation’s only construction software specifically designed for subcontractors is adding Spanish to the language capabilities on its mobile applications for iOS and Android. The move further separates eSUB Construction Software from several competitors that are still English-only. One out of every three workers in the U.S. construction industry is Hispanic, and more than two-thirds are foreign-born. Considering this, introducing Spanish as a language option in construction software is a step forward. eSUB partnered with native Spanish speakers from the construction industry to translate their terms and language and then incorporated that into its applications.
American Specialty Health earns 2nd Nation’s
Best and Brightest in Wellness Award
SAN DIEGO — American Specialty Health Incorporated (ASH) has been named one of the Nation’s Best and Brightest Companies in Wellness for 2023 by the National Association for Business Resources (NABR). The distinction recognizes companies that offer the most innovative employee wellness, wellbeing, and human resource practices. This marks ASH’s second win for the national wellness award. The company’s San Diego and Fort Worth offices had previously earned regional recognition as winners.
Teradata named a leader
in cloud data warehouses
SAN DIEGO — Teradata announced that Forrester Research has named the company a Leader in “The Forrester Wave: Cloud Data Warehouses, Q2 2023,” written by principal analyst Noel Yuhanna with Aaron Katz, Sarah Morana, and Kara Hartig, June 26, 2023.
The Forrester report evaluated Teradata among 15 Cloud Data Warehouse providers. Teradata is the connected multi-cloud data platform for enterprise analytics company.
Stratascale and Apptio announce partnership
SAN DIEGO — Stratascale, a subsidiary of SHI International, and Apptio, a leading cloud cost management platform, announced a new collaboration to bring rapid and continuous FinOps and GreenOps services to Fortune 1000 clients. The first solution delivered by the partners is the Stratascale FinOps Accelerator, an eight-week service built on Apptio Cloudability that quickly identifies and maps a short-term path to rapid, cloud savings for clients while laying the foundation for lasting change and optimization to a client’s cloud management practices.
Jack in the Box expands its relationship
with Salt Lake City’s InMoment
SAN DIEGO — Jack in the Box has recently expanded its relationship with InMoment of Salt Lake City to include InMoment Spotlight, advanced artificial intelligence analytics software, to more easily uncover valuable guest insight from their over 500 million annual guests. Jack in the Box has had a long-standing partnership with InMoment for its Voice of the Guest (VOG) program and is now leveraging its latest AI capabilities to proactively surface and act on even more guest feedback with the goal of continuing to improve the omnichannel guest experience with quality products and service.
