Oxnard voters have defeated a measure that would have made the city treasurer an appointed instead of an elected official.
Measure A failed by more than a 5-1 margin in Tuesday's municipal election, with 5,402 votes to continue choosing the treasurer by election and 991 votes for selection by appointment.
Supporters of the measure argued that the city's $70-million investment portfolio required the expertise of a trained financial manager, who would either be appointed by the City Council or, if the council chose, by the city manager.
The measure's chief proponent, Oxnard Councilman Manuel M. Lopez, contended that an elected treasurer need only "be 18 years old, a resident of Oxnard and a good campaigner." He pointed out that of the 21 cities in the state that are larger than Oxnard, only four have elected treasurers.