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Wylie ISD finance staff report $161M remaining bond funds; trustees set schedule for budget adoption and tax-rate setting
Summary
Finance staff reported bond activity and cash balances, reminded trustees of a roughly $4.9 million debt-service payment due in August, and the board scheduled a budget workshop and a special meeting to adopt the 2025–26 budget and set the tax rate.
District finance staff told the Wylie ISD Board of Trustees that bond program activity has accelerated and that, after June transactions, about $161 million of the original $186 million bond authorization remained. The finance presenter said June bond-related expenses were a little over $4 million for the month and that overall bond activity is "definitely building up."
On the district'9s cash balances, staff reported an overall cash balance just over $23 million at the end of June and reminded trustees that an August…
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