Oakland's City Council approved a $4.36 billion two-year budget in a 6-1 vote, ahead of schedule, ensuring no layoffs or fire station closures despite a $245 million revenue shortfall. Financial consultant Deborah Edgerly expressed optimism about the budget, which aims to maintain city operations until 2027. However, concerns persist as growing pension costs threaten future financial stability, requiring cuts in homelessness and cultural program funding. This budget, referred to as "Nobody's Happy' by Councilmember Zac Unger, is viewed as a temporary measure amid ongoing fiscal challenges.
"I haven't felt good about a lot of budgets over a two-decade career working in Oakland's government," she added.
"Whenever politicians like me write a budget, we come up with some sort of name for it, like Future Forward or Roadmap to Progress," Councilmember Zac Unger said.
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