Month: October 2025

Oakland City Council’s Finance Committee on Tuesday discussed how to structure a proposed property tax increase that would help balance out a $265 million shortfall projected by the end of the fiscal year in June. The discussion comes three months after the City Council passed a $4.36 billion two-year budget that cut vacant positions and tightened spending to address the deficit. With voter trust on the line and services at risk, the city faces a high-stakes balancing act: raise new…