Measure P & S Oversight Committee // April 20, 2026

The City of Monterey's Measure P & S Oversight Committee convened on April 20, 2026, to review financial and project updates related to local infrastructure improvements funded by sales tax measures. Key procurement-related discussions included a detailed review of revenues and expenditures from July 2025 through March 2026, highlighting a $5.6 million increase in fund balance and noting timing issues affecting current expenditures. The committee examined specific contract payments for storm drains, sidewalks, pavement, and ADA improvements, with expenditures detailed by contractor and in-house labor. Upcoming capital projects were discussed, including a $4.5 million street rehabilitation project out to bid with bids due May 5, 2026, and ongoing coordination with contractors such as McKim Corporation for pavement and ADA work. The committee also reviewed pavement condition ratings and discussed project scheduling to minimize public disruption. A sales tax update for the third quarter was approved, showing flat revenues after adjustments. The meeting included a discussion on procurement policies ensuring fair and transparent bidding processes to prevent unethical practices. Motions to approve the minutes, expenditure reports, street rehabilitation reports, and sales tax updates were all passed unanimously. The committee emphasized the importance of maintaining focused funding for ongoing infrastructure needs in future measure iterations.