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Ysleta ISD approves $49 million tax and revenue anticipation note to maintain payroll cash flow
Summary
Trustees approved a $49 million anticipation note to cover near‑term cash needs; administration said interest will be about $1.2 million and repayment is planned by February 2026.
The Ysleta Independent School District board unanimously approved a resolution on June 25 to issue a tax and revenue anticipation note (TRAN) for $49 million to cover near‑term cash needs. Administration told trustees the note will provide funds to meet payroll and other obligations before certain state and other revenues arrive.
Chief Finance and Operations Officer Lindley Cambern told the board the district expects to receive…
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