California tax revenue getting a boost from AI boom — but for how long?
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As talk of a possible AI bubble grows, so does uncertainty around an important source of California tax money.
California
Have federal agents served warrants at California’s Capitol? The Legislature doesn’t want you to know
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Open government advocates argue the public has a right to know.Crime & Safety
California task force seizes over $19 million in illegal cannabis products across East Bay
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The legal cannabis market in California saw $350 million in sales in November, or about $4 billion per year.Oakland
Taxing their patience: AlCo treasury sorry for confusion over where to send property taxes
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Residents can send payments to either SF PO box or Oakland address, and can also pay online, the treasury's preferred method to receive the payments.business
Richmond, Chevron reach $550M compromise that puts brakes on November tax measure
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Chevron offered to pay $300 million over 10 years, which they increased to $550 million if the city dropped the ballot measure.budget
Oakland approves budget using one-time funds from $105M sale of Oakland Coliseum
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The 3-2 Oakland City Council vote staves off painful service and program cuts for at least another year.Elections
High court blocks anti-tax measure from California ballot
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Opponents of the measure argued it would have illegally revised the state constitution, and, if adopted, would radically change how California government works.Elections
PUSD approves parcel tax increase, considers another
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Recent community survey indicates voter support for increase in Measure H.Featured in Category
Oakland’s budget balancing act: Mayor seeks consolidations, hiring freeze to save millions
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The end of federal COVID-19 pandemic relief funding, and sagging real estate sales tax income and hotel occupancy taxes have contributed to the budget shortfall.Oakland
‘A failure of government’: Labor group says Oakland owed millions in uncollected taxes
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With Oakland facing a potential budget shortfall of roughly $177 million, the $34 million in owed revenue could prevent cuts.budget
