Measure O Oversight Committee - 10/23/2025 - Agenda Item D3 - Debt Summary

The City of Oxnard's Measure O Oversight Committee reviewed a report on the outstanding debt associated with Measure O as of June 30, 2025, which totals approximately $16.35 million. During the 2025 fiscal year, the city successfully paid off financing for three key public safety projects: acquisition of dispatch controllers for fire and police vehicles, purchase of two fire engines, and procurement of 85 portable handheld radios for the fire department. The committee noted that staff will continue to explore options for managing debt service obligations beyond the sunset of Measure O.