‘Sanctuary City’ Oakland, Near-Broke, Will Use Gas Tax Money to Keep Lights On

Breitbart ^ | 05/09/2019 | Joel B Pollak

[ChicagoConservative27]

The City of Oakland is in such dire financial straits that it is planning to use $2.9 million from state gas tax revenues to keep the city’s lights on, rather than using the money to fix pothole-riddled roads, for which the funding was intended. The San Francisco Chronicle reported Wednesday that the city is facing severe financial shortfalls, despite a booming economy that has seen wealthier households relocate from San Francisco across the bay to gentrifying neighborhoods.

The problem is that the city’s costs are rising faster than its growing revenues, thanks partly to pension obligations — an increasingly common challenge for large, Democrat-run cities that made ambitious promises to public sector unions.

[Billthedrill]

Though cranes are rising across the skyline and Oakland’s revenues are growing at a steady rate due to the strong real estate market, the City’s expenses continue to rise faster than revenues.

No fooling, Mayor? This is a little like stealing from your kid's college fund to support your drug habit. And then complaining that the college fund isn't "sustainable".

[SaveFerris]

Appears that’s how many states are turning.

[SaveFerris]

Wow, a sanctuary city in deep financial trouble?

Imagine that!!! How’d dat be happnin’?

[1Old Pro]

it is planning to use $2.9 million from state gas tax revenues to keep the city’s lights on, rather than using the money to fix pothole-riddled roads

Don't all localities steal money for roads and bridges and redistribute to the general fund and social programs?

[Oldeconomybuyer]

I used to live in Alameda County. Oakland is a s-hole’s s-hole.

[jmacusa]

Creepy Joe said illegals deserve benefits. Oakland is leading the way- right off the financial cliff.

[Vince Ferrer]

Send the illegals to Oakland then.

[smvoice]

Candle Futures should SOAR 🕯

[Secret Agent Man]

Oakland == Venezuela

[bgill]

To be fair, wasn’t Oakland always near broke?

[Paulie]

Maybe they could drive more white people out - that should fix the problem.

[blueunicorn6]

Maybe they can borrow some money from Chicago.

[Hildy]

Pension obligation issues are just not in liberal cities people. IT’S EVERYWHERE.

[Eric in the Ozarks]

My folks and I sailed into Oakland aboard the General W. A. Mann back in 1961 after nearly a decade in Asia.

Oakland looked damned good to me.
I was 13 years old.

[litehaus]

“IT’S EVERYWHERE.”

In the years to come shortly, PENSIONERS are gonna be a large UNHAPPY army, impoverished folks who cannot be made happy-ever again!
My generation is the last to ‘enjoy’ just what we thought we’d get. Greatest Gen also ‘under the line’ and enjoying life.....Yep, there will be ‘hell to pay’ for all those promises that can’t be kept.....

[TheNext]

OAKLAND BAILOUT

Los Angeles needs to bail out Oakland California.

Oakland has many fat, lazy public school teachers who were “promised” a pension. The lazy needs to retire early and rich.

Come on, LA, give up your money! It is free.

[Starboard]

This can’t be true? Every deomcrats says illegals help the local economy.

*************

How true. LOL

Just wait until the next recession rolls around and blue cities all across the country go into default. Its inevitable.

[eyeamok]

President Trump,

Oakland wants more Illegals! Please send all of them.

[Kevin in California]

And when that $2.9M runs out, then what?

[gathersnomoss]

I have been told that scat, when heated, can be used to fuel Smart cars.