Posts Tagged ‘finance committee’
Contention over new feasibility study leaves prospects for a government-owned bank uncertain
Since 2016, Oakland officials have been exploring the feasibility of creating a government-owned bank. But for the project to move forward, city council will have to take action.
Read MoreOakland City Council approves police purchase of shotguns and transfer vehicles
The Oakland Police Department’s proposed purchase of shotguns and transfer vehicles were the most hotly contested items discussed at the concurrent Oakland City Council and Oakland Redevelopment Successor meeting Tuesday night. Other business included a year-end presentation by State Assemblymember Rob Bonta (District 18), a presentation of the AC Transit service expansion plan, and an adjustment to parking fees.
Read MoreCity funding for police and fire retirement system still unclear
Oakland City Council’s finance and management committee met Tuesday to discuss several city budget and finance issues, the most contentious of which was how to pay for the Police and Fire Retirement System.
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