Jonathan Borrego

This document presents the General Fund Five-Year Financial Forecast for the City of Oceanside, spanning from FY 2026-27 through FY 2030-31. The forecast projects revenues and expenditures to identify financial trends and issues, aiming for proactive management. It anticipates a consistent positive balance and structural stability throughout the period, with modest operating surpluses. Key components include detailed revenue and expenditure trends, an economic outlook, and demographic analysis. Additionally, the report recommends updates to Council Policy 200-13 to prioritize the allocation of surplus general fund revenues, focusing on reserve restoration and the reduction of long-term unfunded liabilities, and requests an appropriation for the CalPERS unfunded accrued liability account.

The Coast Highway Vision Plan for the City of Oceanside serves as a blueprint for the revitalization and enhancement of the Coast Highway corridor. Its core objectives include reflecting the city's identity, promoting environmentally and economically sustainable smart growth, optimizing urban connectivity, maintaining regulatory flexibility, fostering high-quality urban and architectural design, and encouraging historical preservation. The plan outlines a three-pronged implementation strategy focusing on catalytic policy initiatives, specific catalytic projects, and actionable items, with an emphasis on developing pedestrian-oriented mixed-use nodes, avenue segments, and unique districts like the Arts, Technology, and Environment District.

The City of Oceanside's Age-Friendly Plan serves as a comprehensive roadmap to foster an inclusive, livable, and connected community where residents of all ages and abilities can thrive. Developed through extensive community collaboration, the plan focuses on seven key domains: Housing, Outdoor & Public Spaces, Transportation, Community Engagement, Health & Community Services, Communication & Information, and Disaster Preparedness. Its overarching goal is to enhance livability, promote health, ensure inclusion, and improve the quality of life for all residents across every stage of life.

The City of Oceanside's plan focuses on utilizing Permanent Local Housing Allocation (PLHA) funds to assist individuals experiencing or at risk of homelessness. The plan prioritizes investments that increase housing supply for households with incomes at or below 60% of the Area Median Income (AMI). The primary strategies include providing rapid rehousing, supportive case management services, operating costs for a day navigation center, and an emergency shelter, all guided by the Housing First model. The plan aims to address the unmet share of the Regional Housing Needs Allocation by prioritizing emergency shelter services for very-low-income persons (under 50% AMI).

The City of Oceanside's 2024-25 Annual Action Plan outlines the strategic investment of Community Development Block Grant (CDBG) and Home Investment Partnerships (HOME) funds from HUD. The plan focuses on providing decent housing opportunities, a suitable living environment, and expanding economic opportunities for low- and moderate-income people. Key priorities include affordable housing development and preservation, targeted code enforcement, fair housing services, public services, and public facilities and infrastructure improvements. The plan also addresses homelessness and outlines actions to remove barriers to affordable housing.