Oakland’s financial stability is challenged by recurring budget deficits, leadership imbalance, and inconsistent revenue streams. The city has struggled to balance its budget while maintaining essential services, as rising costs and insufficient revenue growth have created persistent deficits. Revenue shortfalls, exacerbated by the inadequate response to the COVID-19 pandemic aftermath, have reduced economic activity and, in turn, tax revenues, creating additional financial strain. Economic disparities within the city, exacerbated by safety concerns, have led to a revenue decline. Increasing demands for public services, particularly due to rampant homeless encampments, further pressure the budget. Additionally, the lack of direct support for small businesses, especially brick-and-mortar establishments in our commercial corridors, has resulted in vacancies and business closures. Addressing these financial challenges is crucial for ensuring Oakland’s long-term fiscal health and resilience.