As Oakland voters prepare to decide on a proposed sales tax hike in April, initial polling reveals significant opposition. With only 31% in favor, city leaders hope the increase from 10.25% to 10.75% can alleviate a projected $265 million deficit in the upcoming budget cycle. The city is facing cuts and layoffs, but the projected additional revenue of at least $30 million annually for the next decade could stabilize the city's finances. The Budget Advisory Commission conducted the survey due to budget constraints preventing the usual city-funded polling, highlighting the urgency of the fiscal crisis.
In a city-wide survey, only 31% of Oakland residents support a proposed sales tax increase, pointing to a lack of enthusiasm for additional taxation despite looming fiscal challenges.
City leaders are relying on the proposed sales tax increase to address a projected $265 million deficit over the next two years, hoping to boost city revenue significantly.
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