August 19, 2026 - Special Finance Committee Meeting

The City of Tracy Finance Committee held a special meeting on August 19, 2026, primarily to discuss and recommend development impact fee nexus studies related to parks, public facilities, public safety, and water capacity. Staff presented updates to the nexus studies, which are based on the city's infrastructure master plans and are used to establish development impact fees to fund future capital improvements. Key changes included adjustments to fee calculations, reductions in water fees due to a recycled water grant, and increases in parks and public safety fees reflecting updated costs. The committee discussed ongoing consultations with developers and the Building Industry Association (BIA), noting minor outstanding issues but no anticipated changes before the city council meeting. The committee voted to recommend the adoption of the nexus studies and associated fees, which are scheduled for city council consideration on September 1, 2026, with fees to take effect 60 days after adoption. The meeting concluded with no additional staff items or public comments.