Consideration of and possible action to approve a debt service rate that exceeds the district's minimum debt service rate pursuant to Section 26.05(a-1) Tax Code.    This Order Authorizes Defeasance and Redemption of Approximately $170,000 of Tom Bean Independent School District Unlimited Tax Refunding Bonds, Taxable Series 2020 During Fiscal Year 2027; Levying an Ad Valorem Tax to Provide for Suc

Staff Report & Agenda Item Details

7.B. Consideration of and possible action to approve a debt service rate that exceeds the district's minimum debt service rate pursuant to Section 26.05(a-1) Tax Code.    This Order Authorizes Defeasance and Redemption of Approximately $170,000 of Tom Bean Independent School District Unlimited Tax Refunding Bonds, Taxable Series 2020 During Fiscal Year 2027; Levying an Ad Valorem Tax to Provide for Such Defeasance; and Enacting Other Matters Related to the Subject

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.6/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.