Tucson's Rising Minimum Wage, Rental Tax Elimination, and Tech Boom Highlight Start of 2025

01/01/2025 3 min
Tucson's Rising Minimum Wage, Rental Tax Elimination, and Tech Boom Highlight Start of 2025

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Episode Synopsis

Good morning, this is Tucson Local Pulse for January 1, 2025.We're starting the new year with some significant changes that will impact many of us. As of today, the minimum wage in Tucson has increased to $15 an hour, thanks to Proposition 206, "The Tucson Minimum Wage Act," which voters passed in 2021. This is higher than the state minimum wage, which has also increased to $14.70 an hour[1][4].In other news, renters in Tucson will no longer pay tax on their monthly rent for long-term stays of 30 days or more. This change is part of the elimination of the rental tax, which previously applied to residential rentals in about 75 cities in the state[1].Looking at the job market, Tucson's tech scene is booming. With over 9,300 tech firms employing nearly 190,000 professionals, the city ranks #13 among North America's up-and-coming tech markets. Tech wages have jumped 13%, making it a perfect time to break into the industry. Major companies like Phantom Space Corp and Radiance Therapeutics are driving growth, and the University of Arizona is pumping out talented grads ready to innovate[2].In real estate, there's been a significant development regarding accessory dwelling units, also known as ADUs or casitas. They will now be allowed on all lots where single-family homes are permitted in cities with populations of at least 75,000. This change is part of HB 2720, which was passed earlier this year[1].From City Hall, recent meetings have focused on strategic initiatives related to unsheltered homelessness and the fentanyl/opioid public health crisis. The city is also working on infrastructure improvements and updates to the Unified Development Code[3].Weather-wise, it's a beautiful day in Tucson, with clear skies and mild temperatures. Perfect weather for outdoor activities and enjoying our natural landscapes, like Catalina State Park, where an ancient saguaro named Grandpa recently made headlines. Park officials determined that Grandpa was 200 years old, making him one of the oldest saguaros in the area[5].In new business activity, there are no major openings or closings to report today. However, we're seeing a lot of excitement around the tech industry, with companies like IBM actively recruiting entry-level talent in Tucson[2].Upcoming community events include various New Year's celebrations around the city. Check local listings for details on times and locations.In local school achievements, we're proud to mention the University of Arizona's strong tech programs, which are contributing to the city's thriving tech scene.Finally, in today's crime report, there are no significant incidents or public safety alerts to report from the past 24 hours.This has been Tucson Local Pulse. We'll see you tomorrow with more local updates.This content was created in partnership and with the help of Artificial Intelligence AI

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