City Council

27. Staff recommends that the City Council, the Community 26-1481 Development Commission, and the Harbor District Board take the following actions to adopt the FY 2026-27 Operating and Capital Improvement Program Budgets; and authorize a lump-sum prepayment to CalPERS: 1. Adopt a resolution approving the Appropriation Limitation as required by Article XIII-B of the State Constitution, as modified by Proposition 111 for FY 2026- 27. (Attachment A) 2. Adopt a resolution approving the FY 2026-27 City of Oceanside Operating Budget. (Attachment B) 3. Adopt a resolution approving the FY 2026-27 City of Oceanside Measure X Operating Budget. (Attachment C) 4. Adopt a resolution approving the FY 2026-27 City of Oceanside Capital Improvements Program Budget. (Attachment D) 5. Adopt a resolution approving the FY 2026-27 Community Development Commission (CDC) Operating Budget. (Attachment E) 6. Adopt a resolution approving the FY 2026-27 Small Craft Harbor District Operating Budget. (Attachment F) 7. Adopt a resolution approving the FY 2026-27 Small Craft Harbor District Capital Improvements Program Budget. (Attachment G) 8. Approve a lump-sum prepayment to CalPERS estimated at $25.97 million for the City’s annual required Unfunded Liability contribution for both Safety and Miscellaneous Retirement Plans; prepayment will provide an estimated $868,524 in savings which will be directly applied to the City’s CalPERS Unfunded Liability. (Attachment H) A) Mayor opens public hearing B) Mayor requests disclosure of Councilmember and constituent contacts and correspondence C) Clerk presents correspondence and/or petitions D) Testimony beginning with Jill Moya, Financial Services Director E) Discussion F) Recommendation - Adopt Budget