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Oversight board amends bylaws, approves ROPS items for Moorpark, Oxnard and Fillmore; Fillmore vote draws concern over admin costs
Summary
The Consolidated Oversight Board approved an amendment to its bylaws to reflect a July recess and to allow alternate appointees; it also approved ROPS and budget items for Moorpark, Oxnard and Fillmore. Fillmore's ROPS passed with one dissenting vote after board members pressed the city for deeper reductions in administrative costs.
The Consolidated Oversight Board on Jan. 22 voted to amend its bylaws and approved Recognized Obligation Payment Schedules (ROPS) or related transfer plans for Moorpark, Oxnard and Fillmore, adopting each item by recorded voice votes.
Bylaws: The board approved an amendment to its bylaws to update the meeting schedule (the boardroom will be dark in July) and to authorize appointing authorities to name one alternate per seat. Staff said the changes take effect only after the board's next meeting because the rules change will not be implemented until the subsequent meeting date; the motion to approve the bylaw amendment passed 5-0.
Moorpark: City staff reported they consulted with bond counsel and found no legal obstacles in the bond documents to transferring remaining property for governmental use. Staff said the city removed a $20,000 real-estate agent cost from its budget, increased legal costs by $5,000 and reduced staff time/administrative totals by $10,000, and that it plans additional legal work and analysis during fiscal year 2025'26 before returning to the oversight board; the board adopted Moorpark's item 5-0.
Oxnard: The City of Oxnard presented its ROPS for 2025'26 and highlighted that a bond will retire on Sept. 1, 2026, that project-management cost lines are being retired because the successor agency no longer holds real property, and that administrative costs dropped to $120,000 from $160,000 in the prior ROPS. Staff told the board they expect administrative costs to decline further as in-house finance staff complete prior-period adjustments; the board approved Oxnard's ROPS 5-0.
Fillmore: The board considered and approved the City of Fillmore's ROPS and administrative budget for 2025'26. Fillmore staff presented the same budget figures that had been before the board in October. One board member said they were not at the October meeting but recalled earlier concern about high administrative fees and said they expected more substantial reductions next year, reminding the city to limit amounts to successor-agency uses. Fillmore's motion passed with a single recorded no vote (tally recorded as 4'1).
Votes at a glance: - Bylaws amendment (agenda item 10): passed 5-0. - Moorpark ROPS / property transfer update (agenda item 13): passed 5-0. - Oxnard ROPS 2025'26 (agenda item 14): passed 5-0. - Fillmore ROPS and administrative budget (agenda item 15): passed (4 yes, 1 no).
(Ending) Board members asked staff from the cities to return with updated information and progress reports as appraisals, legal reviews and disposition steps proceed.
