Dellums orders full review of Oakland finances

July 23, 2008 7:19:32 PM PDT
Oakland Mayor Ron Dellums has ordered a complete top to bottom review of the cash-strapped city's finances and operating structure.

Dellums outlined his plans at a news conference Wednesday, saying the review will look at every option for balancing the city's projected $15 million deficit -- a number Dellums says could be tens of millions higher than that.

"Whatever the situation is, we will address it. We will have a plan for it and we will institute measures that will bring us to balance in a responsible and orderly way that is our fiduciary responsibility," says Dellums.

The mayor announced the hiring of former city manager Robert Bobb's consulting firm. It will assess the city's finances, audit the executive and management structure, and recommend any changes that might help improve things at City Hall.


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