TCAPS Board of Education Finance Committee Meeting 10.29.26 - LIVE

The TCAPS Board of Education Finance Committee met on October 29, 2026 (meeting title; metadata lists October 30 UTC). The committee reviewed the district’s capital bond financing: $100 million remains from the 2024 voter authorization, with the current plan to sell $90 million in 2027 and $10 million in 2029. Alternative scenarios included selling $80 million in 2027 and $20 million in 2029, using different taxable-value growth assumptions or shorter bond terms. Staff reported a projected arbitrage repayment of about $695,000 and said decisions affecting the May 2027 bond sale will need to be prepared for board action as early as February. Members requested a clear comparison of options and their effects on planned projects and bond timing; no vote on a bond sale was taken.