Carrizo Springs CISD board approves resolution to reimburse prior expenditures from future tax-exempt debt

The Carrizo Springs Consolidated Independent School District Board of Trustees on Oct. 28 approved a resolution stating the district's intention to reimburse itself for prior lawful expenditures from the proceeds of tax-exempt obligations to be issued for authorized purposes. Trustee Jeffrey Ortiz moved to approve the resolution and Trustee Michael Uriegas seconded; the motion carried 5-0.

The resolution, as described in the meeting minutes, allows the district to designate earlier spending as reimbursable once tax-exempt obligations (such as bonds) are issued in the future. The minutes do not specify an issuance amount, a timetable for bonds, or which prior expenditures will be reimbursed. The motion as recorded in the minutes states, "Motion made by Jeffrey Ortiz, second by Michael Uriegas to approve Resolution by the Board of Trustees of Carrizo Springs CISD Establishing the District's Intention to Reimburse Itself for the Prior Lawful Expenditure of Funds from the Proceeds of Tax-Exempt Obligations to be Issued by District for Authorized Purposes, and Other Matters In Connection Therewith." The minutes record the outcome: "Motion carried 5-0."

Trustees present were Albert Sosa (Board President), Jeffrey Ortiz, Juan Cruz, Al Doria and Michael Uriegas. The minutes list Wilbur Cruz and Anita Franco as absent. The meeting record does not include additional public discussion or detailed fiscal data tied to the resolution; the board convened to executive session later in the meeting under the Texas Government Code to discuss personnel matters.