The sudden resignation of Oakland's Finance Director Erin Roseman, effective June 15, comes as the interim mayor prepares to reveal a significant two-year budget amidst pressing financial challenges. Roseman's departure raises concerns about stability in the city's fiscal planning, particularly as Oakland grapples with an $89 million deficit and a projected $265 million structural shortfall. The Finance Department has been pivotal in steering budget decisions and reductions in city services, making her exit at such a critical time especially notable. The city plans to announce a search for her replacement soon.
"We thank Director Roseman for her services to the City over the past four years. Over the next few weeks, we will work to identify the most appropriate executive search firm to help source the strongest candidates for consideration to lead the Department."
"As head of the Finance Department, Roseman has played a critical role in guiding the city's budget balancing actions to address an $89 million shortfall in the current fiscal year, and a $265 million projected structural deficit over the next two-year cycle."
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