August 19, 2026 - Measure V Residents' Oversight Committee

The City of Tracy's Measure V Residents' Oversight Committee held a special meeting on August 19, 2026, focusing primarily on updates and financial oversight related to major capital improvement projects funded by Measure B and Measure V. Key discussions included progress reports on the Tracy Recreation Activity Center, the Aquatic Center project, and the Nature Park project. The Recreation Center is about 74% complete with a targeted completion in spring 2027, featuring solar installations aiming for net-zero energy. The Aquatic Center project is behind schedule by about a year, with design documents underway and bidding expected in spring 2027, followed by construction starting summer 2027 and completion targeted for summer 2029. A significant design change was noted, shifting the recreation pool from indoor to outdoor, impacting project plans and budget considerations. Financial discussions highlighted the current $55 million budget for the Aquatic Center, with contingencies and cost escalations under scrutiny. The committee emphasized the need for detailed oversight of contingency spending, especially if it affects Measure B funds. The Nature Park project, funded at $8 million, is planned to begin construction after the Aquatic Center's completion due to staffing constraints. The committee also reviewed unaudited fiscal year 2025-26 financials for Measure B, noting revenue projections and the importance of accurate forecasting for future budgeting. Plans for the upcoming annual report presentation to the City Council were discussed, including timing and content focus. The meeting concluded with procedural items and training plans for committee members.