Ysleta ISD Board of Trustees Special Meeting 7/22/26

At the Ysleta ISD Board of Trustees special meeting on July 22, 2026, the board considered replacement financing for $32 million in tax and revenue anticipation notes. The originally selected lender withdrew after the June approval; the replacement lender’s true interest cost was 4.3%, compared with the original 3.6% quote. The district estimated interest on this $32 million borrowing at $942,222 and said the overall interest cost for the loans remained within the budgeted $2.1 million, by nearly $200,000. The board approved the resolution authorizing issuance and sale of the notes, with six votes in favor and none opposed; no lender was identified in the transcript.

After closed session, the board also voted 6-0 to authorize legal counsel and the superintendent or designee to proceed with action regarding real estate claims by the Ysleta del Sur Pueblo. No other procurement awards or purchasing decisions were identified.