If If Oak akland land is is bo booming ing wh why is is budg - PowerPoint PPT Presentation

If If Oak akland land is is bo booming ing wh why is is budg budget t gap ap worse? e?

Cos Costs are growing far r faster r than revenues

Ur Urgen ent t Need eeds an and Req equir ired ed Voter er Man andates es

Expenditures by Department (All Funds) 6

Sh Shared P Pri riori orities

Ba Bad News : Field and park conditions will suffer

Go Good Ne News : Budget increases priority services using new and increased revenue

FY FY 19-21 St 21 Start rted w with Cl Clos osing a a $93 mi $93 million on G Gap • Shifted costs to restricted sources wherever possible • Added only project-funded and cost-recovering positions • Froze 8.5 FTE Parks Maintenance jobs

Ne New & & I Incr creased F Fees • Rent Adjustment Program (RAP), wage enforcement, affordable housing impact, fire inspections, Measure KK for roads and housing, Measure D for libraries, Measure W for homelessness and illegal dumping, Measure HH for health initiatives…

Ad Advocacy • Keep Oakland Housed • HEAP for homeless services • Cabin Communities • The Holland Approx. $13 milion in philanthropy not reflected in our budget

Ho Homeles elessnes ness $21.3 Millio illion

Pr Prote tect Tenants & Pr Produce Affordable Ho Hous using ing $55.4 millio illion n

Ro Road Repair & Transportation $110.2 Million

3-Ye Year Paving Plan

Wh Why y We Sho houl uldn’t dn’t Defund fund OP OPD

• Labor Contracts Still Under Negotiation • Gap and Cost Increases Get Worse in FY21-23 • Economic Downturn Likely • Cannabis Tax Break could cause layoffs • HH funds needed for Parks & Rec programs

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