City Council 06 17 2025 Agenda Item L 1 Fiscal Year FY 2025 26 Resolution to Levy Assessments

The City Council of Oxnard discussed the proposed resolution to levy assessments for the Waterways Maintenance District for fiscal year 2025-26. The district, established in 1970 under the Improvement Act of 1911, finances capital costs and maintenance for infrastructure such as sidewalks, streets, water, flood control, drainage, landscaping, and related services within the district. The council recommended holding a public hearing to gather input on the proposed assessments before adopting the resolution. The assessments, which property owners pay as part of their annual property tax bill, have been previously approved and are restricted to funding district services, ensuring no impact on the general fund. The proposed rates for 2025-26 remain consistent with the prior year as no annual adjustments are expected.