Oakland City Council passes budget using one-time funds from Oakland Coliseum sale

Oakland Berita

Oakland City Council passes budget using one-time funds from Oakland Coliseum sale
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 KPIXtv
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

The Oakland City Council voted to approve a budget Tuesday that, while avoiding layoffs, also didn't solve the city's on-going fiscal morass.

The Oakland City Council voted to approve a budget Tuesday that, while avoiding layoffs, also didn't solve the city's on-going fiscal morass. The 5-3 vote codifies a proposal by Mayor Shang Thao, with some amendments from councilmembers, to use $63 million from the anticipated $105 million sale of the city's ownership stake in the Oakland Coliseum to help close an estimated $117 million shortfall.The vote staves off painful service and program cuts for at least another year.

The one that didn't featured $63 million in immediate cuts -- which could be restored if the sale goes through -- including temporary closure of four fire stations, the elimination of two police academies and funding for 610 police officers.Ramachandran said she and her colleagues didn't have enough time to offer amendments and get questions answered from the city's finance department and called the budget process an insult to Oakland residents.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

KPIXtv /  🏆 443. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Amid City Hall turmoil, Oakland City Council faces crucial budget decision relying on Coliseum saleAmid City Hall turmoil, Oakland City Council faces crucial budget decision relying on Coliseum saleNearly a week after the FBI search of Oakland Mayor Sheng Thao's home​ threw City Hall into turmoil, the City Council faces a crucial decision on the mayor's budget proposal.
Baca lebih lajut »

Oakland City Council give initial approval for sale of ColiseumOakland City Council give initial approval for sale of ColiseumThe Oakland City Council unanimously voted Wednesday to authorize the sale of its share of the Oakland Coliseum to the locally owned African American Sports and Entertainment Group.
Baca lebih lajut »

'We will go bankrupt': Oakland City Council faces fiscal crisis as budget deadline nears'We will go bankrupt': Oakland City Council faces fiscal crisis as budget deadline nearsOakland is facing a historic deficit, which Mayor Sheng Thao estimates to be close to $200 million for this year and next year.
Baca lebih lajut »

Oakland mayor 'in over her head,' says former city council presidentOakland mayor 'in over her head,' says former city council presidentFollowing Thursday's FBI search of Oakland mayor Sheng Thao's residence, a longtime city council president and former candidate for mayor is speaking out.
Baca lebih lajut »

Oakland City Council approves mayor's budget to close $177M deficitOakland City Council approves mayor's budget to close $177M deficitThe Oakland City Council on Tuesday approved the mayor's budget, which will maintain most of the city's functions under the assumption that the sale of the Coliseum goes through this summer.
Baca lebih lajut »

Oakland considers using profits from Coliseum sale to close budget deficitOakland considers using profits from Coliseum sale to close budget deficitThe Oakland City Council on Friday began public discussions about how to surmount a $177 million budget deficit and whether to help bridge the gap by selling its share of the Oakland Coliseum.
Baca lebih lajut »



Render Time: 2025-02-25 04:33:45