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THECB committee reviews fiscal report, loan and bond outlook and adopts operating budget for 2026–27
Summary
CFO Anthony Infantini updated the committee on the fiscal year 2025 financial report, student loan demand and a recent bond sale; the committee approved the agency operating budget for fiscal years 2026–27 and an interagency data‑center contract cap.
Anthony Infantini, THECB chief financial officer, presented a nine‑month fiscal year 2025 financial report to the Agency Operations Committee on July 23, and the committee voted to adopt the agency operating budget for fiscal years 2026–27.
Infantini summarized the agency’s cash and budget posture, noting budget adjustments that move funds from year one of the biennium to year two and that staff are monitoring cash availability for the remainder of the year. He said loan demand has been lower this year, in part because of recently implemented debt limits, and that the agency completed a bond sale for…
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