Capital Improvement Program Funding Drew Farris, Finance Manager, provided an overview of the District' s current outstanding debt by type and by system. He explained the amounts that are funded by bonds, Extendable Commercial Paper ( ECP), and the Texas Water Development Board. Funding tools include cash financing, revenue bonds, and ECP programs. An overview of ECP short- term funding was provided, as well as the benefits. A review of ECP appropriations was provided. A historical view of interest rates the District pays on bonds was provided. Mr. Farris provided an overview of the funding tools that will be used in FY27 for the projected contract awards in each system. Bond issues and ECP refunding are planned in FY27. Discussion followed.

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 4.7/10). 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.