THE CONNECTION BETWEEN OUR ECONOMY AND COMMUNITY
Our Community is Adding Value in our Economy
Our workforce is becoming more qualified. Solano County’s educational levels are rising. Between 2005 and 2009, the percentage of working residents with a Bachelor’s Degree or higher increased by 26 percent.
After improvement in the prior year, residents are driving more again. From 2008 to 2009, VMT in Solano County increased 5 percent while California gas prices declined 23 percent.
Solano is deeply integrated in the broader region and well positioned to benefit from location. For residents commuting to work outside Solano County, Contra Costa County was the work destination for almost 19,700 residents in 2009.The number of non-residents commuting from Napa and Sacramento to work in Solano County increased in 2009.
As with the rest of the state, local revenues are strained. Solano County’s aggregated city revenue dropped 12 percent from fiscal year 2007-08 to 2008-09, with all categories of revenue (Property Tax, Sales Tax, Other Tax, and Other Revenue) declining.