San Jose Mayor Matt Mahan speaks during a press conference before his official inauguration at San Jose Center for the Performing Arts in San Jose, Calif., on Wednesday, Feb. 1, 2023. (Shae Hammond/Bay Area News Group)
Two and a half months after becoming mayor of America’s 10th-largest city, Matt Mahan unveiled a detailed look into how he intends to spend this coming year’s budget, heavily focusing on public safety, blight and homelessness.
The mayor’s proposals, however, face a slew of potential fiscal obstacles: the possibility of a recession combined with a tech sector that has recently taken a beating with Silicon Valley Bank’s swift
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