Because of the serious debt situation, a finance committee was put in charge of congregational finances toward the end of 1992 and the elders started exercising more oversight of the budget. Several options were considered including selling the property. A debt restructuring team was formed and there was a final bond issue in 1994. The plan required weekly deposits of $6085. into a bond sinking fund for fifteen years. The remaining debt was financed with a bank loan in June 2003. Because of reduced interest rates the retirement date for the debt was moved from July 2009 to May 2008. Mark Henderson comments, "The debt restructure team and the finance committee took charge of an almost hopeless situation and set the church on a path toward financial health."*
*Henderson, Robert Mark, "Leadership and the life of God: distribution of ministerial gifts and leadership practices at the Quail Springs Church of Christ" (2004), thesis presented to ACU, page 15.