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Bastrop ISD authorizes parameters to sell remaining 2023 bond authorization

Bastrop Independent School District Board of Trustees · June 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Trustees approved an order authorizing administration to proceed with sale of the remaining $89.4 million from the 2023 bond program under specified parameters, including a cap on interest and a final maturity date, and to pursue state hold-harmless assistance by closing the series this summer.

Bastrop Independent School District trustees on June 17 approved an order authorizing administration to proceed with the sale of the remaining $89.4 million from the 2023 voter-approved bond authorization under specified parameters.

Josh McLaughlin of BOK Financial Securities told the board the district can sell the remaining authorization using fixed-rate offerings and still maintain the district—s…

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