Big Trouble in Little Oakland
January 27, 2025 — Chronic financial mismanagement, overly optimistic revenue assumptions, and poor governance have left Oakland spending far more than it collects in tax revenue. Now, the city is grappling with service cuts and may soon have to ask voters to approve tax increases to stabilize its finances.
Featured Insights
Fixed Income
Will Government Jobs Remain a Pillar of Labor Market Strength?
January 27, 2025 -- President Trump began his second term last week with a flurry of executive actions, including a federal hiring freeze over 90 days that impacts nearly all...
Municipal Fixed Income
Sage’s National Municipal Strategies Avoided California Wildfire Risk
January 23, 2025 -- This report addresses wildfire risk in California and the municipality that faces the highest potential for credit stress.
Municipal Fixed Income
Municipal Fixed Income Investment Strategy, January 2025
January 13, 2025 -- Sage provides an outlook for the municipal market, including our sector views and positioning.