Murrieta Measure T oversight committee receives FY24–25 report, reviews FY25–27 budgets and library loan plan

The Measure T Transaction and Use Tax Oversight Committee met Sept. 18, 2025 in Murrieta City Hall and received staff’s fiscal year 2024–25 Measure T budget-to-actual report while reviewing adopted Measure T operating budgets for fiscal years 2025–26 and 2026–27. The committee took no formal action on the report; the item was received and filed.

Javier Carcamo, director of finance, told the committee that Measure T year-to-date revenue as of June 2025 totaled approximately $28,300,000 and that figure represents about 102% of the amended revenue budget. “Please note as I share with you, audit is not complete yet,” Carcamo said, warning the figures are preliminary and subject to change once auditors finish their work.

Carcamo said the city originally adopted a Measure T revenue budget of $31,400,000, later amended downward (first to about $29,000,001 and then to $27,900,000). He described Measure T revenue as broadly steady over recent years, with average monthly collections that staff said are about $2,300,000 and the largest taxable sectors being general consumer goods (~28%), auto sales (~22%) and online sales (~15%).

On expenditures, staff reported year-to-date Measure T spending of…