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Hidalgo County approves $76.8 million in bond proceeds; resident speaker urges restraint over $50 million bond component
Summary
The Commissioner's Court approved estimated revenues and interfund transfers totaling about $76.8 million for 2025 bond proceeds and related issuance costs. A public commenter criticized a separate $50 million bond sale and urged caution, citing long-term debt service concerns.
Hidalgo County Commissioners voted to approve estimated revenues and interfund transfers tied to 2025 bond issuance and refunding, while a member of the public used the open‑forum period to urge the court to reduce planned borrowing.
Douglas Lothor Jr., director of Budget and Management, presented an item asking the court to approve estimated revenues and an interfund transfer “in the amount of $76,826,465.55 for bond proceeds, bond premium, and issuance cost for the certificate of obligation series 2025 and refunding bond series 2025.” The court approved that action by voice vote.
During open forum, Fern…
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