Thursday Must Read: Oakland to Allow Eight Pot Clubs; Brown Faces $25 Billion Deficit

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Stories you shouldn’t miss:

1. In other example of be careful what you wish for, Governor-elect Jerry Brown will face a $25 billion state budget deficit when he takes office in January, the Chron reports, citing a new report from the nonpartisan Legislative Analyst’s Office. The report recommends putting all issues on the table, including raising taxes and deep budget cuts.

2. The Oakland City Council voted to increase the number of authorized medical cannabis dispensaries in the city from four to eight, the Chron reports. The council also established regulatory guidelines for permitting four large medical marijuana grows in the city.

3. San Leandro has a new mayor. Challenger Stephen Cassidy defeated incumbent Tony Santos in a close race, 50.43% to 49.57%, based on ranked choice voting tabulations, the Trib reports.

4. East Bay Congressman Jerry McNerney declared victory over Republican challenger David Harmer in their close contest, the Trib reports. As of last night, McNerney was ahead by 1,681 votes, but Harmer is refusing to concede.

5. In case you missed it, Jean Quan won the Oakland mayor’s race over ex-state Senator Don Perata, 51% to 49%. Here’s our live blog post of the election results. Also, check out the Chronicle and Tribune reports on Quan’s victory.

6. The California State University board of trustees voted to increase student fees by another 15 percent, the Chron reports. Fees will increase 5 percent in January, and another 10 percent next fall.

7. The PG&E executive who clumsily tried to infiltrate an anti-SmartMeter group resigned yesterday, the Chron reports. William Devereaux, who headed up PG&E’s controversial SmartMeter program, tried to use the name “Ralph” to get into an online discussion without realizing that his e-mail address contained his real name.

8. La Nina early rains have effectively ended California’s fire season without the major wildfires that have plagued the state in recent years, the Chron reports.

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