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Board approves resolution to sell property, moves ahead on bond defeasance and tax-rate administration
Summary
Trustees voted unanimously to approve a resolution authorizing the sale of district real property and separately approved financial steps including defeasance and appointing the CFO to calculate tax-rate worksheets; trustees later adopted the 2025-26 tax rate.
The Northeast ISD Board of Trustees approved several finance-related motions during the meeting, including a resolution authorizing the sale of district real property, a resolution to prepay and call for redemption of certain outstanding obligations, and actions on the tax rate. During the open session following executive session, the board considered a resolution authorizing the sale of real property. Trustee Filarell moved approval "as presented" and Trustee Thompson seconded;…
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