The Finance Department provides the financial analysis for potential bond issues and refunding opportunities, and is responsible for ongoing debt administration, including debt service payments, continuing disclosure obligations, and various other reporting requirements.
The City's Debt Policy sets forth debt management objectives for the City and establishes general parameters for issuing and administering the City's debt. The City's objectives are to minimize costs, maintain access to municipal markets, achieve timely repayment, provide full financial disclosure, and comply with applicable state and federal laws.
For information on the City's Community Facilities Districts.
While the City’s practice is to post its annual financial report as well as other financial reports on the City’s website, information with the intention of reaching the investing public or any other members of the investment community shall be filed on the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access (EMMA) website.
The City of Thousand Oaks adheres to the highest professional standards in all of its data gathering and processing activities. However, the City does not warrant the accuracy and usability of this data to third parties. Investors should not refer to or rely upon information posted to the City’s website when making an investment decision. Investors should refer to the information posted on EMMA in making an investment decision. Because each security issued by the City or its related entities may involve different sources of payment and security, investors should refer to the official statement for additional information on the particular security. The information posted on EMMA and the City’s website speaks only as of its date.