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Oxnard staff present mid‑cycle updates to five‑year capital improvement program
Summary
City of Oxnard staff presented a mid‑cycle update to the city’s five‑year Capital Improvement Program (CIP) for fiscal years 2025–2029 and recommended council approval of budget appropriations, transfers and grant requests.
City of Oxnard staff presented a mid‑cycle update to the city’s five‑year Capital Improvement Program (CIP) for fiscal years 2025–2029 and recommended that the City Council approve a series of budget appropriations, transfers and funding requests.
Monica Pizan, presenting the item on behalf of Morgan, the city engineer, told the council staff’s recommendation includes adopting the updated CIP and approving project budget appropriations and interfund transfers for the current fiscal year.
The staff presentation said the recommended FY2024–25 appropriations total $2,310,599 and listed funding sources and target projects as read in the staff report: $250,000 from the Circulation System Improvement Fee Fund (Fund 350, Subfund 8040) for the 5 Points Intersection Improvements project (C2208); an amount read in the presentation for the Elevator Modernization project (C2602)…
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