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Alameda County, Financial Timeline Thursday, January 8     Author
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Wachovia Faces Questions Over Lending
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2008 (3) 2007 (1) 2006 (1) 2005 (1) 2004 (1) 2003 (5) 2002 (5) 2001 (4) 2000
   Oakland (14)    Oakland City Hall (6)
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Bank Facing Questions Over Lending

year 2008 Top ^

May.29
  Oakland: Many of World Savings (bought by Wachovia mid-2006) loans were made in some of Oakland's low-income minority neighborhoods
May.20
  Oakland: Some housing advocates are complaining about the way World Savings sold many of its loans during the housing boom
Jan.8 Upset about loan attacks bank employees
  Berkeley: 25-year-old is in custody after he ransacked a bank and attacked its employees with a knife when he grew upset about his student loan

year 2007 Top ^

May.3 Dellums released $2 billion budget
  Oakland City Hall: The budget for 2 years continues current funding levels for most existing programs

year 2006 Top ^

Jun.29 Balanced $292 Million Budget Approved  Berkeley: The first time in 4 years that the city has been able to balance its budget without cuts in services or personnel

year 2005 Top ^

May.7 Proposed budget of $2 billion for 2 years  Oakland City Hall: Mayor Brown and City Administrator Edgerly have released a proposed budget that calls for eliminating 164 jobs

year 2004 Top ^

Jun.19 Audit finds schools deeply in debt to state
  Oakland: City public schools may be forced to repay $163 million to state and feds because it didn't keep proper financial records

year 2003 Top ^

Dec.18 City: $4.9 million in cuts to balance  Berkeley: The City Council backed away from plans to make cuts in important fire services Jun.19 $840 million city budget passes  Oakland City Hall: City Council unanimously approved a city budget. Most unions have tentatively agreed to salary reductions Mar.28 $100 million loan asked for school district  Oakland: The school board has approved a motion to ask the state for a loan to keep the district out of bankruptcy Jan.20 City faces $20 million budget deficit  Fremont: An earthquake retrofit that has helped make improvements to 58 offices, shops and industrial buildings is at risk Jan.14 Mayor warns of budget cuts  Oakland City Hall: In his State of the City Brown warned that belt-tightening begin with immediate cuts in overtime spending

year 2002 Top ^

Nov.10 School district to get $50 million advance  Oakland: A cash advance from the county to help the School District pay its teachers will likely be approved this week Oct.22 School District has $35.5 million deficit  Oakland: The irregularities came to light as the district was switching to a new financial management software system Oct.16 Financial expert to handle schools budget  Oakland: The county has appointed a state financial expert after accounting discrepancies revealed missing millions Feb.6 Community can't support itself  Castro Valley: Organizers to transform Castro Valley into a city hit a obstacle when analysis showed city would run budget shortfalls Jan.16 Budget deficit of up to $17 million  Oakland City Hall: Mayor Jerry Brown is confident that the city is still on the upswing

year 2001 Top ^

Nov.7 Hotel taxes approved  Emeryville: Measure D to raise the tax on guests from 10% to 12%, and E to tax hotels for guests who stay longer than 30 days Oct.3 Predatory lending banned  Oakland City Hall: City Council has adopted an ordinance to keep shady lenders from exploiting borrowers with exorbitant interest rates Jun.19 2-year budget  Oakland: City Council is expected to approve a $1.63 billion, budget that would boost youth programs Apr.7 Students Help Out With Tax  Hayward: Cal State Hayward program to provide free assistance with taxes

year 2000 Top ^





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