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Frequently Asked Questions (FAQ) | Beacon Economics | April 2017 & April 2019 Forecast

Publish Date: Jun, 06 2019

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Report | FAQ | Info Memo

It has come to the Finance Department’s attention that IFPTE, Local 21, has commissioned an independent study of the City’s revenues by Beacon Economics (Beacon). Staff is concerned with Beacon’s aggressive revenue assumptions and have concerns that they do not fully understand the one-time nature of certain revenue streams, such as the Real Estate Transfer Tax.

As such, we have prepared this high-level analysis that aims to dispel myths about Oakland’s revenue prospects.