2002 - State of the City Address - Mayor Edward (Ed) Masry

This was the 2002 State of the City Address delivered by Mayor Edward Masry of Thousand Oaks on November 20, 2025. The mayor highlighted economic development achievements including the relocation of four companies such as Baxter Bioscience to the city, expansion of Amjun's Newbury Park campus, and a hospital expansion project at Los Robles Regional Medical Center. He noted record sales tax revenues of $24 million and emphasized support for both large and small businesses. The mayor also discussed ongoing and planned capital improvements including neighborhood beautification grants, parking and storage solutions, and a new police resource center in Newbury Park. Public safety funding was increased, maintaining Thousand Oaks as one of the safest cities of its size. He addressed the city’s jobs-housing imbalance and cautioned against overdevelopment, particularly opposing the Amenson City project due to traffic and pollution concerns. Environmental and public health issues were raised regarding perchlorate contamination in local water sources, urging further analysis and responsible development. The mayor called for fiscal prudence in light of a projected state deficit, advocating for reduced government waste and ending tax subsidies to developers.