City Council 06 01 2026 M-2A FY26 27 CMO Budget Presentation

The City Council of Oxnard held a budget presentation on May 21, 2026, outlining the proposed fiscal year 2026-2027 budget totaling approximately $247 million in general fund revenues. The presentation emphasized maintaining a structurally balanced budget with a 16.6% reserve policy and highlighted key spending priorities including public safety, street and park maintenance, and community services. The council reviewed over $16 million in departmental funding requests and $42 million in capital improvement program (CIP) needs, focusing on one-time expenditures funded by available fund balances and the Measure O sales tax, which is set to sunset in late 2028. Specific procurement-related items discussed included funding for a fire academy, purchase of a fire ladder truck, police vehicles, legal services, and various CIP projects such as infrastructure repairs and technology upgrades. The council was set to vote on these budget recommendations and spending priorities at the June 1 public hearing, with staff recommending that one-time funds be used for non-recurring expenses to avoid ongoing costs after Measure O ends. The meeting also addressed the city's improved credit rating and financial stability, which supports future infrastructure financing.