DEL REY OAKS, Monterey County — October 26, 2026. Del Rey Oaks officials approved placing approximately $8 million from former Fort Ord reuse-related funds into an interest-bearing account for future South Boundary Road improvements, according to a September 23 record of the council meeting. City officials discussed an expected roughly $300,000 a year in interest at prevailing rates, although actual future returns can vary.
The road upgrade remains a planned capital project, and the fund transfer does not mean $8 million has already been spent on construction or that a final schedule is in place. Neighbors should ask how project design, easements and future budget approvals will be handled. The council’s vote and financial arrangements should be checked against the city’s official meeting packet and later audited figures.
Source: Public meeting record summary; consult city agendas for final adopted actions. Official documents and decisions control; predictions are not confirmed outcomes.
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