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Finance committee highlights fund balance targets and recent bond refinance that could save roughly $9 million
Judson Independent School District Finance Committee · December 11, 2025
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Summary
Committee discussion emphasized maintaining a fund balance (reserve) of at least 60 days to avoid rating penalties, noted ratings agency scrutiny, and reported a recent bond refinancing expected to yield about $9 million in interest savings.
Committee members discussed the district's fund balance and external credit ratings as part of broader budget deliberations. Speaker 2 said the reserve needs to remain at least 60 days (two months). Speaker 1 added that while Texas has no statutory minimum reserve…
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