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Tomball ISD board authorizes Series 2026 refunding bonds; trustees cite $69 million in lifetime savings

Tomball ISD Board of Trustees · April 14, 2026
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Summary

Trustees unanimously authorized unlimited tax refunding bonds (Series 2026), with discussion framing refunding as similar to refinancing a mortgage and a trustee saying the district has saved about $69 million through past refunding actions since 2008.

The Tomball ISD Board of Trustees unanimously approved an order authorizing the issuance, sale and delivery of unlimited tax refunding bonds, Series 2026, and set parameters and pricing authority during its April 14 meeting.

Trustees described refunding as a debt-management tool similar to refinancing a mortgage…

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