Oakland faces another budget shortfall after once again overestimating home sales
Briefly

Oakland is forecasting a $177 million operating shortfall by the end of the current fiscal year in June, with officials warning in a report that most of the City's revenue sources are trending downward.
The Oakland Police Department, which historically has accounted for a significant chunk of the city's budget, is this budget season's biggest over spender, expected to exceed its budget by $28 million.
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