Oakland Budget Talks Drag On As Council Faces Huge Deficit, …
WEB1 day ago · After a marathon special hearing ended without a budget deal last week, Oakland City Council members will meet on Tuesday hoping to pass one of two proposals as concerns about the city’s future financial state and ability to deliver public safety services loom. The process has been complicated by a massive deficit, the city’s pending sale …
City of Oakland | Oakland City Council Adopts Balanced Budget,…
WEBJun 28, 2023 · Oakland, CA — Late last night, after numerous town halls and public hearings and much public input, Oakland City Council adopted a balanced budget for fiscal year 2023-2025. While closing a historic $360 million deficit, this balanced budget focuses on delivering effective, equitable services to Oaklanders rooted in Oakland’s …
Oakland City Council approves $4.2 billion budget, mergers of …
WEBJun 27, 2023 · The Oakland City Council passed a $4.2 billion city spending plan late Monday night, plugging a historic $360 million shortfall. In a press statement issued Tuesday morning, Council President Bas said the new budget shows Oakland’s leaders are “standing together despite facing the worst deficit Oakland has ever seen.”.
Oakland Budget Crisis Adds to City's Turmoil, With a Deadline
WEB5 days ago · After a turbulent week at Oakland City Hall, council members expressed frustration ahead of a special budget hearing on Friday in the face of a massive deficit, a fast-approaching deadline to pass a balanced budget and questions over a windfall the city was counting on from the pending sale of the Oakland Coliseum.
Oakland City Council discuss options on how to solve nearly $200M deficit
WEB5 days ago · The Oakland City Council is facing some tough decisions on how to balance a nearly $200 million deficit and pass a mid-year budget. A council meeting was held Friday afternoon, where more than 100 ...
Opinion: As Oakland reaches a fiscal cliff, Mayor Thao plans to jump
WEBJun 22, 2024 · The city’s budget administrator explained in the June 12 council meeting that the ongoing and unresolved deficit in the proposed budget would still be more than $100 million and that the city ...
Oakland must fix structural deficit, says Mayor Sheng Thao
WEBMay 23, 2024 · A long-planned estate deal is saving Oakland from catastrophic budget cuts this year. But this one-time reprieve won’t fix the city’s long-term, structural financial problems. To do that, Mayor Sheng Thao is preparing a budget that prioritizes maintaining a “clean, safe city” while jumpstarting the process for drafting the next biennial ...
Oakland passes budget that preserves services amid historic deficit
WEBJun 27, 2023 · The City Council on Monday approved an amended version of Thao’s budget plan — which aimed to trim the deficit by cutting vacant positions across some departments, draining a $12 million...
Amid Oakland City Hall turmoil, a devastating budget crisis still …
WEBJun 26, 2024 · The City Council is responsible for reviewing and voting on Thao’s budget proposal that would freeze a large number of vacant city positions to close this year’s gap and use revenue from...
In her first budget as mayor, Thao stares down Oakland’s biggest ...
WEBApr 24, 2023 · Oakland officials say the city is saddled with a staggering projected budget deficit of roughly $325-345 million in its General Purpose Fund, which makes up about 40% of the city’s total spending each year.