Oakland considers using profits from Coliseum sale to close budget deficit

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Oakland considers using profits from Coliseum sale to close budget deficit
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The 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.

That option isn't palatable to City Councilmember Noel Gallo, who said the sale won't come through in time."We need to take the money that I do have to be able to create a budget that's balanced, so I can move forward," Gallo said. "I cannot be praying and hoping and dreaming about additional money until I have it in my hand.

"We're incredibly worried that one of the budgets proposed is closing four or five fire stations," said Zac Unger, president of the Oakland firefighters union who's also running for City Council.Unger said Oakland firefighters are almost unable to handle the workload, which is now at about 100,000 calls a year."We support any budget that keeps fire at full staff.

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