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Paris ISD board authorizes unlimited tax refunding bonds

Board of Trustees, Paris ISD · October 20, 2025
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Summary

Paris ISD trustees voted Oct. 20 to authorize the issuance of unlimited tax refunding bonds, delegating a pricing officer the authority to finalize sale details; the motion passed unanimously, 5-0.

The Paris Independent School District Board of Trustees voted on Oct. 20, 2025, to authorize the issuance of unlimited tax refunding bonds and to appoint a pricing officer with delegated authority to approve the sale. President Mandeep Chatha-Homer presided over the meeting that opened at 5:30 p.m. in the Elaine Ballard Administration Building.

Trustee Cliff Kerby moved the order and Trustee Aubrey Gibbs seconded; the motion “carried: Unanimously, 5-0,” according to the minutes. The action establishes parameters for the bonds, levies an annual ad valorem tax for payment, and delegates administrative duties to execute the financing. The minutes do not specify the principal amount, pricing officer name, or targeted refunding schedule.