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City staff asks Oxnard City Council to authorize $603,324.76 in Downtown Management District assessments for FY 2526
Summary
Assistant Housing Director Albert Ramirez asked the Oxnard City Council to adopt a resolution authorizing the assessment and collection of fees for the Oxnard Downtown Management District for fiscal year 2526.
Assistant Housing Director Albert Ramirez asked the Oxnard City Council to adopt a resolution authorizing the assessment and collection of fees for the Oxnard Downtown Management District for fiscal year 2526.
Ramirez said the district is expected to collect $603,324.76 in assessments in FY 2526, a 5% increase from the prior year. He described the collection as the routine annual authorization the City must approve for the district to spend assessment revenue on services and improvements beyond those the City provides.
The assessment program…
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