Alameda County
Oakland Coliseum/Arena Revenue Rising!
The Oakland-Alameda County Coliseum Authority has had significant victories benefiting the Oakland Arena and Coliseum Complex. This past year was a record-setting year for revenue, thanks to performances from legendary artists like Sir Paul McCartney, Bad Bunny, and many more.
Kaplan’s proposal to use funds for vital safety needs passes Board unanimously
By Kimberly Jones, City of Oakland Media Office
The Oakland-Alameda County Coliseum Authority (OACCA) voted unanimously to adopt Councilmember Rebecca Kaplan’s proposal to adopt a resolution assigning the budget surplus to the City of Oakland and Alameda County for $10 million.
The Oakland-Alameda County Coliseum Authority has had significant victories benefiting the Oakland Arena and Coliseum Complex. This past year was a record-setting year for revenue, thanks to performances from legendary artists like Sir Paul McCartney, Bad Bunny, and many more.
As a result of the pace-setting numbers put up by the Arena and Coliseum in the 2022-2023 fiscal year, the OACCA revenues came in significantly above budget.
On Oct. 20, the Board of the OACCA (composed of representatives from the City of Oakland, the County of Alameda, and the public) unanimously approved Kaplan’s proposal to adopt a resolution assigning the $10 million budget surplus to the city of Oakland and Alameda County.
This resolution restores $5 million each to the general funds of the city and county. The $5 million for the City of Oakland will address critical community safety needs, as Mayor Sheng Thao and City Council leadership have advocated for using the funds to fix Oakland’s 911 dispatch response system by acquiring upgraded technology and hiring additional staff to answer calls for service.
