Sherry Jackson's departure as Oakland's revenue and tax administrator raises concerns amidst a projected $115 million shortfall, complicating the city's financial woes and efforts to collect owed taxes.
The Finance Department's alarming report reveals thousands of businesses have been delinquent in their tax payments since 2021, potentially leaving the city with a staggering $34 million in uncollected revenue.
Finance staff attributed the tax collection issues to a recent ransomware attack, which significantly hindered notification processes for delinquent businesses and exacerbated Oakland's ongoing budgetary challenges.
As substantial budget cuts loom, city unions have expressed deep concerns over potential furloughs and layoffs, adding to the mounting pressure on city officials to stabilize finances.
#oakland-finance #city-budget-shortfall #tax-collection-issues #public-administration #city-council-challenges
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