Oakland Should Use Debt-Based Deficit Financing To Pay $175 Million Deficit
Oakland (Special to ZennieReport.com) – The City of Oakland is facing a giant $175 million budget deficit. The reason for the outcome was the Pandemic-driven downturn in revenue from property taxes. The reality ran counter to a rosy projection of funds from the same source in 2022. But here Oakland is, and can’t afford to […]