Oakland Warned By Finance Department To Declare Fiscal Emergency Or Balance Budget

CBS Bay Area

November 18, 2024

Oakland will need to look at making some severe cuts to balance its budget. The finance department sounded the alarm on Friday, saying to balance the budget now or declare a fiscal emergency. The city said it is already spending money from its emergency reserves.

Oakland is facing a deficit of $93 million for this fiscal year that ends in June 2025. Since public safety takes up a majority of the budget, experts believe any cuts will likely include police and fire.

"To cut an already shortened police department makes absolutely no sense, and to cut from the fire department makes absolutely no sense," said Oakland resident Tahira Hodge.

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