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Tracy council directs $650,000 of Measure V interest to McDonald Park and remaining interest to public safety
Summary
Following a Measure V update showing about $1.4 million in accrued interest, council directed staff to allocate $650,000 toward McDonald Park improvements and apply the remaining balance toward a funding gap for police and fire facilities; council asked staff to return with project detail and potential library improvements.
Council received an update from Budget Officer Felicia Glendo on Measure V revenues, commitments and interest allocation. Staff reported that Measure V (the voter-approved sales tax) has returned about $94.2 million through 06/30/2025 with a revised 20-year projection of roughly $247 million through the measure's sunset in 2037. Council was briefed on prior allocations, current commitments (aquatic center, TRAC, Nature Park, Ritter Family Ballpark) and outstanding project funding challenges.
Staff said interest earned on Measure V funds totaled about $1,400,000 as of 12/31/2025 and presented candidate uses (McDonald Park improvements, Coral Hollow Road landscaping and other park or capital items). Several public commenters urged prioritizing the Tracy Library and questioned prior Measure V allocations. After discussion, council directed staff to allocate $650,000 to McDonald Park and to apply the remaining interest balance toward the police substation and fire facilities funding gap. Staff noted Measure V is an unrestricted general-fund sales tax for council discretion and that the Nature Park will be fully funded to the $8,000,000 commitment.
Council asked staff to return with more detailed project scopes for McDonald Park and a library needs assessment so the prioritized allocations can be refined during the budget process.
