Have you heard about the California Competes Tax Credit (CCTC)? It’s a state income tax credit supporting growth of high quality jobs in California, available to businesses who want to come to, stay in, or grow in our state. Through a two-phase process, businesses apply and compete for this credit during three application periods each fiscal year.

Here's how it works: Phase I is an online application process, where businesses submit information on their 5-year growth plans including a comprehensive description of their growth project, projected new hires and wages, projected amount of investment equipment and facilities, and their requested tax credit. A cost-benefit ratio is then calculated, and companies with the most advantageous cost-benefit ratio move on to Phase II for final negotiation and selection.

Curious about the Who, What, Where, When, and Why of Santa Clarita Valley? 

Since before 2006, our valley has seen steady population growth and Santa Clarita is the 3rd largest city in LA County. So what is drawing people to the SCV?

 Our rankings over the past year alone speak for themselves!

• 13th Fastest Growing City in US
• 15th Happiest City in the US
• 3rd Safest City in the Nation
• 8th Most Physically Active Mid-Sized City in America
• 4th Most Ambitious Business City in US

  THIS PAGE IS NOW OUT OF DATE.           VISIT OUR 2025 UPDATE            FOR THE MOST CURRENT INFORMATION!

Are you confused about the minimum wage increases? You’re not alone! The Santa Clarita Valley is in an especially unique situation in that the City of Santa Clarita and the County of Los Angeles have two different minimum wage increase schedules which has caused confusion and challenges for many of our local employers and residents alike.

The City increases its wages in keeping with the State of California’s schedule (January - December), while the County of Los Angeles has adopted a wage increase schedule based on their fiscal calendar (July - June).