October 20, 2026 - Measure V Residents' Oversight Committee

The October 20, 2026 meeting of the City of Tracy Residents’ Oversight Committee (identified as Measure V in the title; the transcript discussion refers to Measure B) covered meeting minutes, sales-tax financials, and a planned update to City Council. The committee approved the August 17 special-meeting minutes and received a financial update. The discussion cited roughly $1 million in revenue and $1.7 million in expenditures for the quarter, while the related motion described the item as a review of unaudited fourth-quarter FY2025–26 actuals; the transcript is inconsistent on the reporting period. Staff agreed to correct figures and wording in the presentation before its planned November 17 Council update.

Committee members discussed projected Measure B revenue through 2037, with scenarios of approximately $230 million to $250 million, and estimated that 86%–89% of projected funds are already committed under the scenarios shown. They also highlighted an ongoing cost of roughly $10.5 million to $11 million after the measure ends and discussed the possible $110 million–$115 million cost of the aquatic center, as well as future funding and operating-cost implications. These were financial and planning discussions, not procurement approvals: no contracts, vendors, bids, or purchasing actions were identified. The committee approved January 25, 2027, as a special meeting date.