Oakland Budget Deficit and Proposed Solutions

The City Administration recently submitted a revised budget estimate which   projects a 2020-21 fiscal year-end negative balance of -$62.29 million. This is the result of a myriad of factors caused…

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Budget Bits: Oakland’s Budget Process Is Underway

For many years and several budget cycles, Make Oakland Better Now! has provided Oakland residents with tools to help understand the city budget. We’re proud to continue our analysis, as Oakland’s Mayor, City Administrator, and City Council move toward adoption of the midcycle, 2019-2021, budget.

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Budget Bits 2: Oakland’s Economic Reality

As the city of Oakland prepares its 2019 – 2021 budget, Make Oakland Better Now! has reviewed the city’s five-year economic forecast and budget briefing, two reports that will shape actions in the months ahead. Clearly, the city is facing significant budget challenges.

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The State of Oakland’s Finances

The COVID-19 pandemic is creating financial challenges for all levels of government, and the City of Oakland is no exception. Numerous revenues will decrease, if they haven’t already, as the need for municipal services continues. This downturn occurs at a time when the city was facing very significant financial challenges due to underfunded long-term obligations and the emergence of new challenges such as homelessness.

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Oakland City Council’s Parcel Tax to Improve Funding for City Parks, Litter Reduction, and Homelessness Support

Oakland’s City Council passed a resolution to submit a parcel tax to voters on the March primary ballot in 2020. The tax is expected to generate more than $20 million dollars per year. No less than 60% of the net proceeds for parks, landscape maintenance and recreational services, and 30% percent for services to address homelessness.

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