Bombshell report that warned of Oakland facing bankruptcy is deleted, replaced
https://www.siliconvalley.com/2024/11/18/oakland-bankruptcy-warning/
With the election complete and Oakland’s financial crisis continuing to worsen, city officials took a drastic step last week, warning in a bombshell report that the city on the verge of bankruptcy.
But by Monday morning — days after officials cautioned against further irresponsible spending to “avoid the Chapter 9 process,” the legal exercise following a bankruptcy declaration — the document had disappeared from the online agenda of an upcoming City Council meeting.
Bombshell report that warned of Oakland facing bankruptcy is deleted, replaced
Mon Nov 18, 11:54pm UTC
https://www.siliconvalley.com/2024/11/18/oakland-bankruptcy-warning/
> With the election complete and Oakland’s financial crisis continuing to worsen, city officials took a drastic step last week, warning in a bombshell report that the city on the verge of bankruptcy.
> But by Monday morning — days after officials cautioned against further irresponsible spending to “avoid the Chapter 9 process,” the legal exercise following a bankruptcy declaration — the document had disappeared from the online agenda of an upcoming City Council meeting.