Oakland Prepares For Largest Budget Shortfall In The City’s History
Oakland is bracing for a $122 million shortfall over 14 months due to the coronavirus. This is the largest financial shortfall in the city’s history. What is the city’s plan to weather this economic storm?
"This is the biggest shortfall we've seen and over the next 14 months, it will require significant and quick action" - Bradley Johnson, Principal Budget & Management Analyst for the City of Oakland
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