City of Oakland - File #: 23-0555

• File #: 23-0555
• Version: 2
• Type: City Resolution
• Status: Passed
• File created: 6/22/2023
• In control: Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council
• On agenda: 6/26/2023
• Final action: 6/26/2023
• Title: Subject: FY 2023-25 Execution Of Maintenance Of Effort Waivers And Use Of One-Time Revenues To Balance The Biennial Budget From: Finance Department Recommendation: Adopted A Resolution: (1) Authorizing The Use Of One-Time Revenues To Balance The Fiscal Years 2023-25 Biennial Budget Pursuant To Section 1, Part D Of The City Of Oakland Consolidated Fiscal Policy (Ordinance No. 13487 C.M.S.) (2) Creating Definitions For The Increasingly Severe States Of “Adverse Financial Condition,” “Extreme Fiscal Necessity,” And “Fiscal Crisis Or Fiscal Emergency” (3) Declaring The Existence Of A Severe And Unanticipated Financial Event That Has Adversely Impacted The General Purpose Fund Such That The City Is Unable To Budget For The Library’s General Purpose Fund Appropriation At The Required Minimum Amount Of $12,992,267 Pursuant To The “The 2018 Oakland Public Library Preservation Act”. (Measure D) (4) Declaring The Existence Of A Severe And Unanticipated Financial Event That Has Adversely ...

Date	Ver.	Action By	Action	Result
6/26/2023	1	Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council	Adopted	Pass
6/22/2023	1	*Rules & Legislation Committee

Title
Subject: FY 2023-25 Execution Of Maintenance Of Effort Waivers And Use Of One-Time Revenues To Balance The Biennial Budget
From: Finance Department
Recommendation: Adopted A Resolution: (1) Authorizing The Use Of One-Time Revenues To Balance The Fiscal Years 2023-25 Biennial Budget Pursuant To Section 1, Part D Of The City Of Oakland Consolidated Fiscal Policy (Ordinance No. 13487 C.M.S.)

(2) Creating Definitions For The Increasingly Severe States Of “Adverse Financial Condition,” “Extreme Fiscal Necessity,” And “Fiscal Crisis Or Fiscal Emergency”

(3) Declaring The Existence Of A Severe And Unanticipated Financial Event That Has Adversely Impacted The General Purpose Fund Such That The City Is Unable To Budget For The Library’s General Purpose Fund Appropriation At The Required Minimum Amount Of $12,992,267 Pursuant To The “The 2018 Oakland Public Library Preservation Act”. (Measure D)

(4) Declaring The Existence Of A Severe And Unanticipated Financial Event That Has Adversely Impacted The General Purpose Fund Such That The City Is Unable To Budget For The Library’s General Purpose Fund Appropriation At The Required Minimum Amount Of $14,500,000 Pursuant To The Library Services Retention And Enhancement Act Of 1994 As Reapproved In 2022 (Measure C)

(5) Declaring A State Of Extreme Fiscal Necessity, To Provide For The Temporary Suspension Of The ‘Park Maintenance’ Maintenance Of Effort Requirements, Pursuant To Section 4 Of “The 2020 Oakland Parks And Recreation Preservation, Litter Reduction, And Homelessness Support Act (Measure Q)

(6) Declaring A State Of Extreme Fiscal Necessity For The Biennial Budget, Allowing For The Minimum Budget Set-Aside For Public Campaign Financing To Be Suspended, Pursuant To The Oakland Fair Elections Act, Ballot Measure (Measure W)

(7) Declaring A State Of Extreme Fiscal Necessity For The Biennial Budget, Allowing For The City Auditor Minimum Staffing Budget Set-Aside To Be Suspended, For A Two-Year Budget Cycle,...