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Oceanside council accepts first-quarter financial report, directs follow-ups after $18.5 million surplus
Summary
The council approved the first-quarter financial status report and budget adjustments and asked staff for regular updates on departmental goals and a five-year forecast after staff reported an $18.5 million surplus for the prior fiscal year.
Oceanside City Council voted unanimously Jan. 8 to accept the city’s first-quarter financial status report and approve related budget adjustments, and members asked staff for follow-up briefings after staff reported a roughly $18.5 million surplus for the last fiscal year.
The council’s action cleared the consent calendar (items 3–13) with item 9 pulled for separate consideration; the separate vote to approve item 9 — the first-quarter report…
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