City Council - 10/7/2025 - Agenda Item N1 - La Colonia Appropriation Transfers

During the City of Oxnard Council meeting on October 7, 2025, the council discussed and approved budget appropriation transfers totaling approximately $953,255 from the older La Colonia Road Street Resurfacing Project (C1803) to the current Neighborhood Street Resurfacing Project (C2209). This transfer aims to consolidate funding within a single active project to streamline expense tracking and administrative oversight. The original funds were sourced from a combination of bond proceeds, water operating funds, and state and local funding measures. The transfer does not create new financial impact but reallocates existing funds to continue street and sidewalk improvements in the La Colonia area, including milling, overlay, slurry seals, and concrete work.