X.D.13 • Action ItemsBROWNSVILLE ISD (Cameron County)

Recommend approval of the Interest Free Bona Fide Loan in the amount of $5,000,000.00 to be repaid over a three (3) year term beginning with Payment #1 - $1,667,000.00 on August 4, 2027, Payment #2 - $1,667,000.00 on August 4, 2028 and Payment #3 - $1,666,000.00 on August 4, 2029 (Final Installment). Indirect costs will not be charged during the loan period in order to maximize available resource

Presented in: BROWNSVILLE ISD Board of Trustees Regular Meeting on 2026-08-04

Official Roll-Call Vote

Restrains Gov't • 2.8/10 Impact Weight

PASSED (7 - 0)

“Action on Recommend approval of the Interest Free Bona Fide Loan in the amount of $5,000,000.00 to be repaid over a three (3) year term beginning with Payment #1 - $1,667,000.00 on August 4, 2027, Payment #2 - ”

Frank Ortiz

Trustee, Place 5 (Place 5)

YES

Minerva Pena

Trustee, Place 6 (Place 6)

YES

Vacancy Vacancy

Trustee, Place 7 (Place 7)

YES

Jessica Gonzalez

Trustee, Place 1 (Place 1)

YES

Daniella Lopez Valdez

Trustee, Place 2 (Place 2)

YES

Denise Garza

Trustee, Place 3 (Place 3)

YES

Carlos Elizondo

Trustee, Place 4 (Place 4)

YES

Staff Report & Agenda Item Details

X.D.13. Recommend approval of the Interest Free Bona Fide Loan in the amount of $5,000,000.00 to be repaid over a three (3) year term beginning with Payment #1 - $1,667,000.00 on August 4, 2027, Payment #2 - $1,667,000.00 on August 4, 2028 and Payment #3 - $1,666,000.00 on August 4, 2029 (Final Installment). Indirect costs will not be charged during the loan period in order to maximize available resources. Attachments: ( 1 ) X. D. 13. Interest-Free Bona Fide Loan to FNS Department Fund 101 7/29/2026 at 1:37 PM

Bastiat Liberty & Property Rights Analysis

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.8/10). 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.