Temecula Old Town Local Advisory Committee - May 11, 2026

The City of Temecula's Old Town Local Advisory Committee convened on May 11, 2026, to discuss several procurement and budget-related matters. Key highlights included a detailed budget engagement session presented by the city's finance team, covering the fiscal year 2025-26 midyear update, capital improvement program (CIP) budget totaling $896 million with 98 projects, and a debt liability paydown plan aiming for debt-free status by 2027. The committee received updates on Measure S and C sales tax revenues, noting slight declines and their impact on funding public safety and capital improvements. Additionally, the committee reviewed and supported a $500,000 COVID reinvestment-funded Old Town Wayfinding signage project, which will proceed to City Council for design approval and then become a CIP project. The meeting also included a briefing on a multifamily affordable housing development with 26 units, including three very low-income units, and a modification application for historic building improvements. Lastly, a comprehensive update on the Old Town parking sensor system was provided, highlighting the installation of 1,368 sensors to monitor public parking and support future parking policy decisions. Motions were passed to approve meeting minutes, select committee leadership, receive the budget session, and support the signage project design.