District Approves $150K Ed Tech Lease Financing
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Description
The Pecos Independent School District board approved a $150,000 lease-purchase financing arrangement with the State Treasurer's Office to fund education technology equipment. The one-day note will generate $150,000 for student devices and be repaid from existing debt service funds with approximately $18 in interest.
Contract Details
Contract Amount
$150,000 note plus $18.08 interest
Vendor
STATE TREASURER'S OFFICE
Agency
Peñasco Independent Schools R, NM
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Contract Term
Note issued November 17 and repaid November 18 (one day)
Renewal Date
2026-11-18
Renewal Info
Single one-day note; no renewal or extension terms discussed.
More from STATE TREASURER'S OFFICE
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Penasco Independent Schools Transcript Meeting Minutes 2026-08-10
Penasco Independent Schools Transcript Meeting Minutes 2026-08-10
Penasco Independent Schools Transcript Meeting Minutes 2026-08-10
Penasco Independent Schools Transcript Meeting Minutes 2026-08-10
PISD Transcript Special Board Meeting 2026-05-21
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