Moving ahead with the feasibility study
The next Oakland City Council meeting is set for Tuesday, September 18th. On the agenda is authorizing the feasibility study on establishing the Public Bank of Oakland. But authorization is only half the battle; it is contingent on finding an additional $25,000 from outside the city coffers to supplement the budgeted $75,000.
If you live outside Oakland, you can help establish PBO so it can bring beneficial banking to the whole bay area. Whether you live in Berkeley, San Leandro, Alameda, Newark or another town, let your local councilmembers know that you support PBO. Tell them to put money into funding this study.
Of course, you can also support PBO by donating or pledging financial support on our website.
How public banking can help address climate change
We’re excited to announce the next forum on public banking! Visiting from Berlin, Wolfram Morales of the Sparkassen public banks will discuss the role of public banking in financing renewable energy projects. Joining him on the panel will be Nicholas Chaset, CEO of the brand-new East Bay Community Energy agency, and renewable energy activists. Hosted by councilmembers Dan Kalb and Rebecca Kaplan, the forum is set for Monday, September 25th, from 7 to 9pm, at the Oakland City Hall.
FPBO at the Laurel street fair
Our outreach efforts got a major boost at last weekend’s Laurel street fair. We spoke with hundreds of fair-goers who hadn’t yet heard of public banking and collected 300+ signatures for our petition to the Oakland City Council.
Coming up in Oakland
We’ll continue to build public support for PBO at two more August events. On the 19th look for our table at the Latinx Cultural Festival at Peralta Hacienda Historical Park.
And on Saturday the 26th, we’ll be at the Freedom Farmers’ Market at 5316 Telegraph Avenue. This market’s mission is to bring traditional legacy foods from Black farmers and other socially disadvantaged farmers into Oakland. We hope to meet you there!