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Old 06-09-2009, 09:18 AM
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Default Oakland Considering Filing Bankruptcy

Have things gotten that bad? What do you think?

Budget woes have Oakland mulling bankruptcy
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Old 06-09-2009, 09:25 AM
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This is not the first time this issue has been raised in Oakland. Chip Johnson as usual is trying to act like he's exposing a smoking gun in Oakland.

As far as the possibility of filing Bankruptcy, $212 Million for OPD equals $256,000 per officer. That is outrageous even for a city with a crime rate like Oakland's.
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Old 06-09-2009, 09:26 AM
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Quote:
Originally Posted by bayarea-girl View Post
Have things gotten that bad? What do you think?

Budget woes have Oakland mulling bankruptcy
Frankly; looking at this nasty recession (or de facto depression), nothing surprises me anymore

It is past time for the powers to be to grow up and starting cutting services----------especially for illegal aliens.

Otherwise; we may be in a situation similar to 1930's Europe
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Old 06-09-2009, 09:50 AM
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Yeap, I agree they need to start cutting services and reducing salaries. It really bothers me that the first place Oakland talks about cutting is the police force. Which is just a cry for more money they will just end up spending. It is also troubling how politicians can single handily cripple a city.
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Old 06-09-2009, 11:13 AM
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Having been away from the Bay for 5 year or so, what really bugs me is Oakland's city Council.
Nadel, Brunner, Reid, DeLaFuente and Russo(in one form or another) have been on the coucil for a good 10-15 years? After attending and watching council meetings for years, it just seems like they need to move on.
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Old 06-09-2009, 11:17 AM
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Well, and in fairness, while I think bankruptcy is a pretty extreme solution, one reason cities consider it in the first place is that it opens up certain doors as far as balancing budgets (specifically around modifying or terminating existing contracts or labor agreements that may be necessary in order to cut services or reduce salaries) that are otherwise closed. Personally I think the broader impact (reputation as a "bankrupt city," e.g., Vallejo) far outweighs any benefits, but I can understand where the Council is coming from.
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Old 06-09-2009, 12:38 PM
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Politics as usual... only the numbers are bigger today

Remember when Oakland sold City Hall and agreed to lease it back?
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Old 06-09-2009, 01:07 PM
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Quote:
Originally Posted by 18Montclair View Post
This is not the first time this issue has been raised in Oakland. Chip Johnson as usual is trying to act like he's exposing a smoking gun in Oakland.

As far as the possibility of filing Bankruptcy, $212 Million for OPD equals $256,000 per officer. That is outrageous even for a city with a crime rate like Oakland's.
To be fair I don't think 212 million is just for salaries -- I would bet it's the whole operating budget which would include power and water down to TP and paper towels of many buildings.

Last edited by Tallysmom; 06-09-2009 at 01:07 PM.. Reason: I can't spell!
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Old 06-09-2009, 02:08 PM
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Quote:
Originally Posted by Tallysmom View Post
To be fair I don't think 212 million is just for salaries -- I would bet it's the whole operating budget which would include power and water down to TP and paper towels of many buildings.
Don't forget Oakland 1... the police Helicopter and Marine 1... the police Boat.
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Old 06-09-2009, 03:56 PM
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Wow, and the A's want to move? They must be crazy!
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