Relying on Oakland Coliseum sale could have 'catastrophic' outcome, advisor warned in June

KNN Managing Director David Brodsly cautioned that relying on the Coliseum sale to fix Oakland's budget deficit could lead to catastrophic fiscal consequences if the funds don't materialize.

City staff concurred with concerns over the budget plan, noting that without the Coliseum sale, Oakland would face a significant deficit that could negatively impact city services.

Read at The Oaklandside